Colorado small businesses are less likely to change health insurers for the upcoming year, even as they anticipate continued price increases, according to the second-annual Delta Dental of Colorado Small Business Survey.
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Companies on the 2014 Mercury 100 were first sorted based on reported revenues for 2013, then, based on the size of their revenue, separated into “flights” of 20 companies each.
The first flight features companies with the 20 highest revenues, those $20 million and higher. The second flight is of companies with revenues of $7.1 million to $20 million, the third is companies with revenues $3.2 million to $7 million the fourth is $1.4 million to $3.1 million and finally the fifth is $150,000 to $1.39 million.
After companies were placed into their appropriate flights, each flight was then sorted based on percentage of revenue growth from 2011 to 2013.
To be considered for the list, companies had to be for-profit, privately owned and headquartered in Larimer or Weld counties. Companies also had to be in business for the full two years in which revenue numbers were collected, and had to have reported revenues of at least $150,000 in 2011.
Revenues for some companies on the list have been verified by Denver-based accounting and consulting firm Anton Collins Mitchell.