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Healthcare's Hottest No. 23: Arcadia Solutions

By Modern Healthcare
Posted: September 28, 2013 - 12:01 am ET

What it does: Arcadia Solutions offers healthcare consultants who help design and deliver proprietary software to hospitals, health systems and payer organizations, helping them to develop business strategies to improve the quality of care and reduce costs.

How it grew to become one of healthcare's hottest: Arcadia is an organization focused on helping its customers—including providers and payers—navigate through the changing healthcare landscape to optimize care delivery and remain efficient through data-driven management strategies.

The firm's services include electronic health-record implementations, business analytics and strategic consulting. “The challenges we seek to solve for clients become opportunities for us,” says CEO Sean Carroll.

Most of Arcadia's growth has been organic, and Carroll says its talent-acquisition strategy has helped attract and retain highly skilled employees, which is critical for the clients. The company's client base has increased from 20 in 2009 to 171 this year. “Once we secure an engagement with a customer, it's all about the people they work with. The talent and the construct of the team is a big part of that,” he says.

23. Arcadia Solutions

Location: Burlington, Mass.

Top executive: Sean Carroll, CEO

Number of employees: 187

Annual revenue (2012): $32.4 million

Compounded revenue growth (2007-12): 32.3%


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