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Louisiana-Based Townsend Ranks No. 276 on Elite List
New York, August 24, 2011
Inc. magazine ranked Townsend No. 276 on its 30th annual Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. Townsend is a network of outpatient addiction treatment centers with clinics in southeast Louisiana: New Orleans, Metairie, Covington, Lafayette and Baton Rouge. The centers offer full service addiction treatment by combining advanced therapy with physician directed medical treatment in an outpatient setting.
Townsend joins companies such as Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle, and many other entrepreneurial businesses that gained early exposure as members of the Inc. 500.
“With approximately 23 million Americans addicted to alcohol and other drugs, our treatment centers fulfill an unmet need in our country for effective, non-disruptive services,” said Townsend CEO Michael Handley. “Our growth is based on our ability to successfully treat addiction. We are achieving improved recovery rates for a disease that is terminal if left untreated or treated improperly.”
The 2011 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 23 to November15th and on Inc.com), is a group of companies that are smaller but much faster growing than last year’s crop. Aggregate revenue is $10.5 billion, with a median three-year growth of 1,275 percent. The companies on this year’s list employ more than 46,000 people and generated over 35,000 jobs in the past three years. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com/500.
About Townsend
Townsend is a network of medically managed outpatient addiction treatment clinics. Townsend currently operates five clinics in South Louisiana; New Orleans, Metairie, Covington, Baton Rouge and Lafayette. The Townsend method applies a combination of advanced therapy, chronic disease monitoring and medical science to the treatment of addiction, providing full service addiction treatment as an effective, affordable alternative to in-patient treatment. Find more information at www.townsendla.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and markettested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
Contact
Dan Forman
1-800-392-9186
info@addictiondoctor.org
