MedShift - Fastest Growing Company of the Year

Company: MedShift, Charlotte, NC
Company Description: Founded in 2015, Charlotte-based medtech company MedShift, provides a broad portfolio of services for practices and manufacturers including a portfolio of 29 leading aesthetic medical devices from nine manufacturers, an aesthetic eCommerce and subscription platform, in-house communications and marketing services, and a highly secure IoT platform.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Fastest Growing Company of the Year - Up to 100 Employees

Nomination Title: MedShift

MedShift was established in 2015 after its founders noticed a distinct gap in the medical aesthetic arena regarding information technology. The Charlotte-based MedTech company delivers a platform as a service to both medical device manufacturers as well as individual medical practices. Foundationally, MedShift enables access to the latest devices and technology to remain competitive and attract new business. MedShift has partnered with over 400 doctors in North America, Australia, and New Zealand to allow medical practices the latest in cutting-edge treatment modalities, services, and systems.

MedShift’s broad portfolio of services for practices includes 29 leading aesthetic medical devices from nine manufacturers, an aesthetic eCommerce and subscription platform, and in-house communications and marketing services. For manufacturers, MedShift delivers a highly secure IoT platform consisting of both hardware and software assets allowing for real-time visibility, remote management, and big data modeling of entire medical device lineups.

Since 2019, MedShift has expanded its device portfolio to include 29 leading aesthetic medical devices, partnering with over 400 doctors across North America, Australia, and New Zealand.

Additionally, MedShift’s in-house marketing and communications agency, MedShift Connect, completed its first full year of existence in 2019, experiencing over 60% growth.

Just five years since its founding, MedShift gained recognition on the 2020 Inc. 5000 list, ranking #185 overall, and was named the 15th fastest growing health company in the United States. Additionally, MedShift secured 18th place on the Charlotte Business Journal’s Fast 50 list for the 2020 year.

Throughout the 2020 year, MedShift grew its marketing, accounting, and engineering departments and increased headcount by 70%. MedShift also delivered record breaking device consumables quarterly. In 2020 alone, the company experienced a 282% increase in sales from the previous year.

The achievements mentioned in the previous written response prove that MedShift is a key player in its involved industries simply because of its rapid growth numbers. A 282% increase in sales alone for the 2020 year proves that MedShift’s business model is successful and provides customers with unique opportunities for device placement.

Additionally, the Inc. 5000 list displays some of America’s most innovative companies, as well as highlights the successes of each, and ranking #185 out of 5,000 companies proves that MedShift’s mentioned achievements are worth noting. It is also important to note that MedShift received its notable Inc. 5000 ranking partly due to its 2,222% growth throughout the last three years.

MedShift Website: https://medshift.com

2020 Inc. 5000 MedShift Press Release: https://www.prweb.com/releases/medshift_recognized_on_the_2020_inc_5000_list_of_america_s_fastest_growing_private_companies/prweb17320974.htm

2020 Inc. 5000 Profile for MedShift: https://www.inc.com/profile/medshift

Charlotte Business Journal's 2020 Fast 50 Awards Article - Mentioning MedShift: https://www.bizjournals.com/charlotte/news/2020/11/23/fast-50-finalists-are-regions-fastest-growing.html