OnShift Attributes 312% Revenue Growth to Innovative Software for Post-Acute Care and Senior Living Providers

 

OnShift today announced it ranked No. 240 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. OnShift grew 312 percent during this period.

OnShift’s chief executive officer, Mark Woodka, credits OnShift’s predictive SaaS and mobile human capital management solutions and the intense need for post-acute care and senior living providers to better manage labor, their top expense, with the company’s 312% revenue growth. Woodka said, “Post-acute healthcare and senior living providers are facing significant workforce challenges, with a growing shortage of qualified workers, fierce competition for talent, and skyrocketing wage pressures. Year after year, providers turn to OnShift to address these issues and improve their clinical, operational and financial outcomes with the help of our best-in-class software. The OnShift team is dedicated to the success of our clients, and we are proud to be one of the fastest growing technology companies in the nation.”

“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”

“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level — be it towards introducing new solutions or entering new markets — and with it make important and long lasting impressions on the technology market as a whole.”

Overall, 2015 Technology Fast 500™ companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent.

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