Beech Medical Group was named one of Inc. Magazine’s 5000 fastest-growing private corporations in America. The integrated health solutions company based in Mesa joins the rank of an elite group which has included over the years some of the most recognizable names in business including Microsoft, Timberland, Vizio, Intuit and Oracle.
This is the first year Beech was named to the prestigious list, which ranks companies based on a percentage of revenue growth over a three-year period and must be based in the U.S., privately held and independent.
Over the past few years the company has grown an impressive 63 percent resulting in revenues of $6 million for 2015.
The rapidly expanding company contracts with hospitals, physician groups, insurance companies, private employers and state programs to provide comprehensive care and improved patient outcomes while reducing healthcare costs.
“It is an honor to be recognized among America’s most premiere companies,” said Beech CEO Michael Sumner. “To receive this distinction is a testament to the success of Beech’s healthcare model and our dedication to providing continuity of care for our patients while lowering costs for our clients.”
Sumner, along with Jo Sumner, Beech’s COO, designed the healthcare model which offers integrated home health, case management and home care services when they were owners of Beech Nursing and Care Agency in the United Kingdom. After selling the profitable company in 2008 the Sumner’s decided to bring their business plan to the United States in 2009.
According to Sumner, most healthcare companies in the U.S. follow a method referred to as a “silo of care” where patients see multiple providers for physical therapy, home care and other needed services. When this happens, he said, communications suffer.
“At Beech, a team reviews each patient’s needs and care plans to provide an integrated approach with all providers. This results in improved outcomes for our patients and reduces the chance of duplicated tests and other redundancies in care.”
He adds that, “In Europe, integrated care is more common – and I feel much better – as it allows you to proactively manage care as a patient’s health changes. Better care also means reduced hospital readmissions. We call our business model a hybrid in that we feel we combine the best aspects of UK and US health practices.”
The company currently employs a medical director, 55 full time employees, 250 caregivers and 80 skilled care providers and provides services throughout Maricopa County, part of Pinal County, Florence, Eloy and Coolidge, as well as the Gila River Indian Community. Beech also signed an agreement with Cochise County in July of 2016 that will double their case management department and they are looking to hire about 20 more staff.
Sumner said that Beech provides hard services to over 1,000 patients per day.
Beech opened a new outpatient hospice division at their headquarters at 2017 E. Adobe Street in January of 2016. According to Sumner the addition of the hospice “made sense” in terms of meeting the long term needs of patients.
“Hospice meets a growing need and is part of our concept that provides a continuum of care for our patients. The need for caregivers and health services is increasing dramatically as our population ages. We look forward to growing to meeting that need,” Sumner said.
The company is planning to open an out of state office in 2016 and Primary Care services in 2017. They are also seeking larger office space in the Mesa area.
Mesa’s Beech Medical makes Inc 5000 list