Health Care Transparency Leader Ranked #4 on the Top Ten List for Innovative Companies in the Health Care Industry
San Francisco, CA – February 23, 2012 – Castlight Health, developer of a personalized health care shopping portal offering unbiased information about health care cost and quality, announced that it has been named one of the world’s most innovative companies in 2012 by Fast Company. Fast Company listed Castlight Health fourth on its list of the top ten most innovative companies in the health care industry.
Castlight Health delivers the industry’s first Web-based personalized health care shopping platform offering users critical insight into the costs of common procedures, quality of providers and helpful educational and convenience data. The solution enables employers to mitigate the financial impact of rising health care costs by empowering their employees to make better, more cost-effective health care decisions.
“Fast Company is one of the most prominent business media sources, and we’re thrilled they have honored Castlight Health as one of the most innovative companies in the world,” said Peter Isaacson, chief marketing officer, Castlight Health. “Castlight is dedicated to improving transparency in health care by providing employers and employees actionable intelligence on both health care costs and quality. This recognition by Fast Company further validates our mission and the ingenuity of our platform.”
This award marks a growing list of distinctions for Castlight Health, including being named:
- Number one the Wall Street Journal’s prestigious list of the “Top 50 Venture-Backed Companies”
- One of the 50 Most Investment-Worthy Technology Start-Ups by Dow Jones
- One of the 12 startup companies reinventing health care by CNN Money
- In addition, Fast Company recently honored Castlight Health CEO, Giovanni Colella, M.D. as one of the “100 Most Creative People in Business” in 2011.
Fast Company’s annual Most Innovative Companies issue honors major brands and smaller up-and-comers alike, recognizing the companies not just for revenue growth and profit margins but also progressive business models and an ethos of creativity. Fast Company’s editorial team evaluated information on thousands of businesses across the globe to create the World’s Most Innovative Companies issue.
About Fast Company
Fast Company is the world’s leading progressive business-media brand, with a unique editorial focus on innovation in technology, ethonomics (ethical economics), leadership, and design. Written for, by, and about the most progressive business leaders. Editor Robert Safian was named AdWeek‘s Editor of the Year in 2009. Under the leadership of publisher Christine Osekoski, Fast Company made AdWeek’s Hot List for three consecutive years, and FastCompany.com executive editor Noah Robischon has tripled traffic and revenue year over year. Fast Company is owned by Joe Mansueto, founder, chairman, and CEO of Morningstar, a leading provider of independent investment research.
About Castlight Health
Castlight Health enables employers, their employees, and health plans to take control of health care costs and improve care. Named #1 on The Wall Street Journal’s list of “The Top 50 Venture-Backed Companies” for 2011 and one of Dow Jones’ 50 Most Investment-Worthy Technology Start-Ups, Castlight Health helps the country’s self-insured employers and health plans empower consumers to shop for health care. Castlight Health is headquartered in San Francisco and backed by prominent investors including Venrock, Oak Investment Partners, Maverick Capital, Morgan Stanley Investment Management, Wellcome Trust, Cleveland Clinic, and U.S. Venture Partners. For more information, please visit our web site at http//www.castlighthealth.com or call (888) 227-8544.
Blanc & Otus for Castlight Health