State Collection Service Named to 34th Annual Inc. 5000 List

Thursday, August 27, 2015

Mona Sen


Madison, WI – State Collection Service, Inc., a full-service accounts receivable management solutions provider, is pleased to announce its naming to the 34th annual Inc. 5000 list of America’s fastest-growing companies. The list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.

"It truly is an honor to be named to the Inc. 5000 list this year,” said Tom Haag, State Collection Service Chairman/CEO and son of the company’s founder, Hilding Haag. “To be considered one of the country’s fastest-growing businesses is an amazing accomplishment. But for a family-owned organization, in its 67th year of business, to make the list – I think that is pretty exciting. It is a testament to all of our hardworking and dedicated employees who have helped State Collection Service become a nationally-recognized name in the accounts receivable management industry.”

The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011 and meet specific revenue requirements. They must also be U.S.-based, privately held, for profit, and independent – not subsidiaries or divisions of other companies – as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years.

"The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” said Inc. President and Editor-In-Chief Eric Schurenberg. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident."

In addition to being recognized on the Inc. 5000 list this year, State Collection Service was named a Wisconsin Family Business of the Year winner in 2014. The company was also presented with SpeechTech Magazine’s Implementation Award in 2014 for impressive deployment of speech analytics technology. Additionally, State Collection Service continues to maintain its Peer Reviewed by HFMA designation from the country’s largest association of healthcare finance professionals.


About State Collection Service, Inc.

Since 1949, State Collection Service has provided quality collection service to countless healthcare organizations.

Through experience and innovation, State Collection Service has grown to become a tremendously credible and nationally-recognized collection agency offering services from pre-registration to bad debt. It is upon the basis of ethical behavior and a dedication to integrity that each State Collection Service employee works to uphold the company's vision – Partnerships for a Lifetime.