Super 60 Health Care Businesses Pepper This Year’s List Of Top-performing Companies

Health care has long been considered one of the economic sectors displaying strength and resilience in the Pioneer Valley, and an area producing many of the area’s new jobs.

So it’s not surprising that the broad spectrum of health care is well represented on the Affiliated Chambers of Commerce (ACCGS) Super 60 list for 2005. Indeed, both the ‘Total Revenue’ and ‘Revenue Growth’ lists are dotted with health care and health care-related businesses — from physician groups to a chain of drug stores.

“Diversity — that’s the strength of our local economy; we’re not dependent on any one area,” said ACCGS President Russell F. Denver, who said that health care is one of the sectors that helps give the region that diversity, and this is reflected in the 2005 Super 60 lists.

The health care sector is also well represented in the ‘Revenue’ category, with a mix of ventures, including Disability Management Services Inc., Louis & Clark Drug, Hampden County Physicians Inc. and the Mental Health Association.

To qualify for the ‘Revenue’ list, companies needed to compile at least $1 million in sales in 2004. The average for the 30 companies that made the list, however, was more than $30 million. Combined the ‘Revenue’ winner logged more than $1.1 billion in total sales.

The top five ‘Revenue’ companies were: Pride, Peter Pan Bus Lines, Springfield College, Western New England College, and Northeast Treaters.

There are also several health care-related businesses on the ‘Revenue Growth’ list. They include Baystate Ob/Gyn Group (see related story, page 12), Micro Test Laboratories, a pharmaceuticals manufacturer, Consolidated Health Plans, and Pediatric Services of Greater Springfield.

To make the ‘Growth’ chart, companies needed to log at least 20.6{06cf2b9696b159f874511d23dbc893eb1ac83014175ed30550cfff22781411e5} growth over the past three years. The average for the group, however, was 49{06cf2b9696b159f874511d23dbc893eb1ac83014175ed30550cfff22781411e5}, and three-quarters of the firms on the list recorded at least 30{06cf2b9696b159f874511d23dbc893eb1ac83014175ed30550cfff22781411e5} over that time.

The Super 60 companies will be honored at a luncheon at Chez Josef on Oct. 28. For more information, or to order tickets, call (413) 755-1313, or visitwww.myonlinechamber.com

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