A Place for Mom ranks #239 in Entrepreneur Magazine’s list of the fastest growing companies in AmericaSeattle, WA – August 2, 2007 – A Place for Mom, the nation’s largest eldercare referral service, has been
recognized in "Hot 500," the annual list of the fastest growing companies in America published by
Entrepreneur Magazine. A Place for Mom was ranked 239th out of 500 U.S. businesses on the final list, which
will be printed in the August 2007 edition of the magazine.
"Making the list is a remarkable accomplishment and a tribute to our employees who have devoted time,
hard work and passion into helping every senior find the right
eldercare solution,"
said Pamala Temple, president and founder of A Place for Mom. "Being named to the list is validation of our commitment
to seniors and acknowledgement that we are on the road to continued success."
According to Entrepreneur, the Hot 500 rankings are compiled with the help of Corporate Research Board, a research
organization. The research began with CRB’s database of more than 19 million U.S. businesses and considered only
those businesses that met the following criteria:
- Must have been founded no earlier than 1998 and no later than 2002
- Company sales in 2002 must be $100,000 or greater; 2006 sales must not exceed $1 billion
- Must have positive job growth between 2002 and 2006
- Must have a minimum level of sales growth or a sales growth quantifier of 1 or higher between 2002 and
2006; the growth quantifier is a measurement that combines percentage and absolute growth.
Only 95,000 businesses -- or 0.5 percent of the 19 million businesses met the above criteria. Entrepreneur then
contacted the businesses with the greatest growth to confirm eligibility. To be eligible, the founder must be
actively involved in the company, the company cannot be a spinoff or a division of a larger company, and company
sales for 2006 must be at least $1 million. From this list, the Hot 500 was selected.
About A Place for Mom
A Place for Mom is the nation's largest elder care referral network serving families
who are searching for care options for elderly loved ones. A Place for Mom has over
12,000 long-term care communities in its referral network such as
assisted living,
nursing homes,
Alzheimer's care,
residential care homes,
retirement communities,
and home care options.
Families can review detailed information about their local elder care providers
online, and get free personal, professional assistance by telephone from one of
300 local eldercare advisors. A Place for Mom's referral network of long-term
care providers covers more than 3,000 cities in the U.S. For more information,
visit www.aplaceformom.com
or call 1-866-333-3110.