Renue Physical Therapy Ranks No. 4340 on the 2024 Inc. 5000
With Three-Year Revenue Growth of 98%, Renue Physical Therapy Ranks No. 4340 Among America’s Fastest-Growing Private Companies
(Bay City, MI) – Inc. revealed today that Renue Physical Therapy ranks No. 4340 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment - its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“Growing our revenue by 98% over the past three years is a remarkable achievement that underscores the strength of our team and the trust of our patients,” said Renue Chief Executive Officer Tony Klapish. “This revenue growth has allowed us to aggressively reinvest in the business, growing our team by 50% in 2023 and adding significant square footage to existing clinics in five of our key markets.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
“We are incredibly honored to recognized on the Inc. 5000 list again this year, after previously being recognized on the 2016 and 2017 lists,” said Klapish. “Our company slogan is ‘There is a Difference,’ and our continuing goal is to reach as many patients as possible with our unique care model that delivers life-changing outcomes. We look forward to continuing this momentum of growth well into the future.”
To learn more about Renue Physical Therapy’s 17 locations serving mid-Michigan, visit www.renuept.com.
About Renue Physical Therapy
Renue Physical Therapy is a locally-owned and operated outpatient physical therapy company headquartered in Bay City, MI with 17 clinics serving mid-Michigan and beyond. Renue offers one-on-one treatment with the same therapy team throughout the course of therapy, providing a customized plan that is specific to each person’s needs to achieve the best possible outcomes. Learn more at?www.renuept.com.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
