Genuine Receives “Fast 50” Recognition From South Florida Business Journal
MIAMI, FL – October 16, 2020 – Genuine Health Group, the fast-growing healthcare company that contracts with physicians to help them deliver better care while reducing unnecessary expenses, has received a special recognition from the South Florida Business Journal for its growth over the past three years. The “Fast 50” list highlights South Florida companies demonstrating “amazing growth in a short amount of time.”
Earlier this year, Genuine Health was honored in the “Fast 50” virtual awards ceremony, ranking number five amongst companies with $25 million in revenue or more. Companies are selected by the South Florida Business Journal based on three years’ confirmed revenue. Genuine opened its doors in 2016, so this was the first year the company could participate.
“With eyes on a capital raise to ‘accelerate growth exponentially through acquisition,’ Caruncho and his veteran team are using technology, analytics and market opportunities to again make his mark in a changing health care sector,” stated the South Florida Business Journal’s feature piece.
CEO of Genuine Health Group, Joe Caruncho, was also featured in the publication’s “Hispanic-owned Businesses” list. This will be published in the South Florida Business Journal’s annual “Book of Lists” along with the “Fast 50” ranking.
Genuine recently announced that it saved the Medicare system $4 million in 2019. The savings were confirmed by the Centers for Medicare and Medicaid Services (CMS), and are based on how much Medicare anticipated spending on total healthcare costs for the population of beneficiaries Genuine Health’s doctors take care of. The evaluation requires high scores for additional factors, including patient satisfaction, timely care delivery, and low hospital readmission rates. Genuine Health Group operates several business lines, such as Genuine Health Management, Genuine Health At Home, and a direct contracting entity set to launch for the 2021 plan year.
For more information about Genuine Health Group, please contact Meieli Sawyer at firstname.lastname@example.org.
About Genuine Health Group
Genuine Health Group is an analytics-driven healthcare company that assists physicians and health plans in successfully transitioning to value-based payment models.