BERWYN, PA — AscellaHealth has earned a spot on the prestigious list of Greater Philadelphia’s fastest-growing companies, a recognition awarded by the Philadelphia Business Journal. The accolade, part of the newly branded Philly’s Fast 50, spotlights private companies that have demonstrated significant revenue growth from 2021 to 2023. To qualify, companies must be independently owned, headquartered in Greater Philadelphia, and have achieved a minimum revenue of $750,000 in 2021.
Dea Belazi, CEO of AscellaHealth, expressed pride in the recognition, stating, “This recognition highlights the significant value we provide to the global life sciences and healthcare industry as we expand our international presence and drive business growth.” He attributed their success to the dedication and expertise of AscellaHealth’s professional teams, who focus on patient care while efficiently managing the flow of healthcare products and funds.
This year marks the fourth time AscellaHealth has been honored on this list. The list is compiled through nominations from private companies, which are then vetted by the Business Journal editorial board alongside their accounting partner, CLA. In a nod to tradition, the list also includes a single spot for the fastest-growing public company in the region.
Bill Oldham, chairman and president of AscellaHealth, highlighted the company’s focus on patient-centered care and innovation. “As a leading global specialty pharmaceutical provider, AscellaHealth is dedicated to advancing its patient-centered care model and shows a strong commitment to creating innovative solutions and programs that deliver unique value to our clients, partners, and patients,” he said. Oldham emphasized that their growth strategy centers on improving clinical outcomes for patients with complex, chronic conditions and rare diseases, while also addressing the cost management needs of payers and health plans. The company’s impressive 746.1% revenue growth over the past three years underscores its industry success.
AscellaHealth’s recognition underscores its pivotal role in the specialty pharmaceutical industry and its commitment to enhancing healthcare delivery and outcomes for stakeholders at every level.
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