NASHVILLE, TN: ReviveHealth's revenue grew 6% in 2012 on a year-over-year basis to nearly $5 million in fees.
About 15% of the healthcare specialist firm's revenue came from the Health Technology sector, and 5% from its Healthy Living wellness practice, said CEO Brandon Edwards.
“Firms that are highly specialized are doing better,” he said. “They tend to be a bit more insulated from economic downturns.”
ReviveHealth, a privately held company, did not release other revenue or income statistics from 2012.
The agency said in a statement that it added 34 clients last year, including two AOR relationships. This includes InVivoLink, an orthopedic implant data collection and registry software company that named it AOR in June. Another key win was h2u, a wellness company.
Slightly more than half of the firm's growth was from new clients, while the rest was from increased budgets and scope of work from existing clients.
The firm also hired Bob Berra and Phil Stone as chief strategy officer and COO, respectively, in 2012.
This past summer, the firm rebranded as ReviveHealth from Revive PR to emphasize its focus on healthcare-related services.