Oceans Healthcare Named to Inc. 5000 List of America's Fastest-Growing Companies

Aug 17th, 2016

PLANO, Texas (August 17, 2016)Oceans Healthcare, a nationally recognized provider of behavioral health services for older adults and seniors, has been named to the Inc. 5000 list of fastest-growing private companies in America. This list, over the years, has included top-named companies such as Microsoft, Timberland and Zappos.com.

“Oceans Healthcare is honored to be included in such an elite list of successful companies throughout the U.S.,” said Stuart Archer, CEO. “This recognition reaffirms our mission and we remain intently focused on growing the services communities across our nation need, in hopes of reducing the alarmingly high rates of those who suffer from mental illness.”

Every year, one in five US adults experiences mental illness and a serious mental illness usually shortens the life span by 25 years, according to the National Alliance on Mental Illness.

Oceans Healthcare has seen tremendous growth year-over-year, with a 19 percent increase in the number of employees since 2014 and an 18 percent increase in revenue in just the last year.

Oceans Healthcare is passionate about helping older adults manage the challenges that come with aging and attain the best possible quality of life. The company’s 17 affiliated hospitals and 15 outpatient centers across Louisiana and Texas are committed to caring for this special population with dignity for patients and their families; with keen awareness of the importance of treating the whole person; with focus on progressive behavioral therapies; and with respect for employees, physicians, healthcare providers and the communities they serve.

Company Facts:

  • 8,000 + patients served annually
  • 535 total licensed beds
  • Average age of inpatient patient is 70
  • Intensive outpatient programs serve ages 18 and older
  • Nationally recognized by the Joint Commission as a Top Performer on Key Quality Measures for attaining excellence and accountability in specific quality and safety metrics. 
  • Progressive inpatient/outpatient treatment model coordinates management of behavioral disorders for patient with extensive co-morbidities like diabetes, heart disease and COPD
  • CEO Stuart Archer serves as an at-large member of the National Association of Psychiatric Health Systems Board of Trustees
  • Recently named to the Dallas Business Journal’s list of 50 Fastest-Growing Mid-Market Companies in North Texas.

The Inc. 5000 ranks companies by overall revenue growth over a three-year period. Inc. also ranks the fastest-growing companies by industry, metro area, revenue and number of employees.

ABOUT OCEANS HEALTHCARE

Oceans Healthcare is a nationally recognized behavioral health provider focused on healing and long-term recovery. Founded in 2004, Oceans provides inpatient and outpatient treatment with a special focus on the unique physical and emotional needs of older adults and seniors. With 17 locations in Texas and Louisiana, Oceans hospitals take great pride in their performance on Key Quality Measures by The Joint Commission, a national healthcare accrediting agency. For more information, visit www.oceanshealthcare.com.

ABOUT INC. AND THE INC. 5000

Methodology

The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media:

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today.  For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

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