ClarisHealth Reaches Exclusive Milestone: 7 Consecutive Years on Inc. 5000 List

Payment integrity platform adoption by innovative health plans drives sustained growth

For the seventh year in a row, ClarisHealth has earned recognition on the prestigious Inc. 5000 list of America’s fastest-growing private companies. This consecutive achievement places the company in an elite group. Fewer than one percent of all Inc. 5000 honorees have maintained this level of year-over-year recognition.

When ClarisHealth first appeared on the list in 2020, it marked a validation of the company’s mission to modernize payment integrity for health plans. Seven years later, the pattern is undeniable: sustained growth across an expanding baseline, driven by industry innovation and deepening client relationships.

What It Takes to Repeat

Making the Inc. 5000 once is significant. Doing it seven times in a row means something else entirely.

“This is what consistency looks like,” said Michael Axt, CEO of ClarisHealth. “We’ve sustained growth across an expanding baseline for seven years not by chasing trends, but by doubling down on what works: a team that’s relentlessly focused on solving a fundamental problem for health plans, a platform that delivers measurable ROI, and clients who trust us with their most critical operations.”

The math is unforgiving. Each year requires demonstrating three-year revenue growth rates that outpace not just the previous year’s cohort, but all 5,000 companies on the current list. ClarisHealth has managed this repeatedly, a testament to how health plans continue to choose Pareo® to consolidate and modernize their payment integrity programs.

The Client Story Behind the Numbers

The growth doesn’t happen in a vacuum. It reflects what’s happening inside health plans across the country — a shift toward platform-based, integrated approaches to payment integrity rather than fragmented vendor models.

“What strikes me about this milestone is it reflects our clients’ momentum as much as ours,” said Tate McDaniel, Chief Growth Officer. “Health plans are becoming more strategic about payment integrity. They’re asking harder questions about vendor performance, demanding better visibility into their claims overpayment inventory, and seeking to internalize more of their audit work.

“Pareo is the platform they’re choosing to eliminate fragmented operations and take control of and scale their programs. That client success is what’s driving our growth.”

Health plans representing nearly 100 million members — including seven top-15 plans, 14 Blues plans, and the nation’s largest public health plan — rely on Pareo for their payment integrity operations. These clients are going beyond adopting technology. They’re fundamentally reshaping how they approach payment accuracy.

Beyond the Ranking

This past year has delivered other milestones for the company:

• Earning a spot on Deloitte’s Technology Fast 500™ list for the third time
• Recognition by Everest Group, both as a top 10 payment integrity market innovator and a Major Contender in Pre-payment Integrity Solutions PEAK Matrix® Assessment
• Hiring of a new CEO Michael Axt to accelerate innovation to meet the evolving needs of health plans and the broader healthcare market
• Release of the second annual payment integrity benchmarking report based on proprietary data across health plan clients in Pareo — including $17.8 billion total savings managed through the platform last year

Looking Ahead

A spot on this year’s Inc. 5000 list is not the endpoint — it’s confirmation of a direction. Health plans are investing in modernization. Payment integrity is becoming more strategic and less fragmented. Pareo is enabling that shift.

For the full Inc. 5000 list and company profiles, visit www.inc.com/inc5000. Inc. will celebrate the honorees at the 2026 Inc. 5000 Conference & Gala, taking place October 14–16 in Dallas, Texas.