Essentra HealthEssentra Health

Essentra Health

Ascentra Health Named ‘Corporate Growth Company of the Year’ by ACG National Capital

Ascentra Health CEO Todd Stottlemyre and Executive Vice President/Chief Financial Officer David Adams accept ACG National Capital's award for 'Corporate Growth Company over $250 million' on June 6, 2024 in McLean, Virginia.

Ascentra Health CEO Todd Stottlemyre and Executive Vice President/Chief Financial Officer David Adams accept ACG National Capital’s award for ‘Corporate Growth Company over $250 million’ on June 6, 2024 in McLean, Virginia.

McLEAN, Virginia, June 11, 2024 (GLOBE NEWSWIRE) — Ascentra Health, a technology solutions and clinical services company dedicated to helping government healthcare agencies achieve better health outcomes, is the winner of the Association of Corporate Growth (ACG) National Capital Chapter’s Corporate Growth Award, for companies with more than $250 million in annual revenue. ACG’s Growth Awards honor the Washington, D.C., area’s fastest-growing companies and business leaders whose deals created significant corporate value in 2023 through mergers and acquisitions, strategic partnerships, organic growth and capital financing.

ACG National Capital recognized Ascentra Health’s continued growth in 2023, including two acquisitions in 12 months, a major integration of systems, people and processes, and a company rebrand. During the company’s transformation, Ascentra Health continued to earn new business, expand its state and federal government client footprint and closed 2023 with year-over-year revenue and profit growth.

“We are extremely proud to be honored by the ACG National Capital Chapter with this prestigious award, which recognizes the company’s contributions to the region’s development,” said Todd Stottlemyre, CEO of Ascentra Health. “2023 was a year of tremendous change and growth for Ascentra Health, as we laid the foundation for our vision to become a vital partner for health solutions in the public sector. This award – presented on our company’s birthday – represents the passion of each team member in living out our values ​​to provide technology solutions and clinical services that improve health outcomes for millions of Americans.”

“This year’s Corporate Growth Award winners have truly distinguished themselves among the growth companies in the National Capital Region,” said ACG Awards Chair Kayla Kania. “Ascentra Health’s transformational journey into 2023 highlights their exceptional ability to navigate and thrive through change. Their continued growth and commitment to innovation exemplify the values ​​the ACG National Capital Chapter seeks to recognize.”

Ascentra Health was formed in December 2022 from the merger of CNSI and Kepro, and announced its new name, purpose, mission, vision, and values ​​on June 6, 2023. As part of its mission to innovate healthcare solutions that deliver maximum value and impact, the company also made investments to support employee engagement, recruitment, and retention. As noted in the award nomination, this includes launching a new recognition and rewards program, an enhanced benefits package with more paid leave options to support work-life balance, and new opportunities for learning and career development. The company actively encourages its employees to serve the community, resulting in more than $188,000 in donations and 1,600 employee volunteer hours provided in 2023.

Founded in 1988, ACG National Capital is the Washington DC area’s local chapter of ACG, serving 14,500 members globally. ACG National Capital serves nearly 400 members, including senior-level executives, private equity investors, intermediaries, corporate development professionals, lenders and service providers – all working together to grow the middle market and close deals.

About Ascentra Health

Ascentra Health modernizes the healthcare experience for state and federal partners and their priority populations by combining public sector knowledge, clinical expertise, and technological ingenuity. From designing and developing advanced claims, encounter, and provider solutions that drive efficiency and cost savings, to delivering a clinically focused service model for care management and quality oversight, Ascentra Health is accelerating improved health outcomes. Ascentra Health is backed by Carlyle (NASDAQ: CG), a global investment firm. Click here for more information acentra.com,

media Contact:
Janice Moore
Vice President, Corporate Communications
703-214-3552

A photo is available with this announcement https://www.globenewswire.com/NewsRoom/AttachmentNg/8f991479-999e-4580-8749-4c556c33ff43


Leave a Reply

Your email address will not be published. Required fields are marked *