FAQ: Penstock's Recognition on the 2025 Inc. 5000 List

What is the Inc. 5000 list?

The Inc. 5000 is a prestigious ranking of America’s fastest-growing private companies, showcasing the most successful independent businesses that are powering the U.S. economy.

Why is Penstock’s ranking on the Inc. 5000 list significant?

Penstock’s ranking at No. 353, and among the top 50 in the healthcare and medical sector, reflects its exceptional growth and role as a trusted partner in payment integrity for health plans.

How does a company qualify for the Inc. 5000 list?

Companies must be U.S.-based, privately held, for-profit, and independent, with a minimum revenue of $100,000 in 2021 and $2 million in 2024, and demonstrate significant revenue growth from 2021 to 2024.

Who is Steve Palma and what did he say about Penstock’s recognition?

Steve Palma is the president and general manager of Penstock, who stated that the ranking reflects the trust health plan partners place in Penstock and its commitment to delivering real results with real partnership.

What does Penstock specialize in?

Penstock specializes in providing innovation, accuracy, and hands-on service in payment integrity to health plans.

When and where will the Inc. 5000 honorees be celebrated?

The honorees will be celebrated at the 2025 Inc. 5000 Conference & Gala, taking place October 22–24 in Phoenix, with the top 500 listed in the Fall issue of Inc. magazine.

What are the growth statistics for the top companies on the Inc. 5000 list?

The median three-year revenue growth rate for the top 500 companies reached 1,507 percent, adding more than 52,805 jobs to the U.S. economy over the past three years.

How can I find more information about the Inc. 5000 list?

For the full list, company profiles, and a searchable database by industry and location, visit www.inc.com/inc5000.