Forbes Names Chad Price’s MAKO Medical Laboratories as One of America’s Best Startup Employers of 2021
Working for a startup can be all-encompassing. However, it often comes with its fair share of perks and benefits. Startup employers know the value of rewarding staff members’ dedication. Ensuring that employees are happy and healthy has never been more important. When the pandemic hit last year, it brought this demand into sharp focus, highlighting a need for additional support from employers.
Fortunately enough, plenty of startup founders rose to the challenge. Forbes recently released its definitive list of America’s 500 Best Startup Employers of the year, with big-name brands making the cut. Earning a spot on the list was Chad Price’s innovative health testing brand, MAKO Medical Laboratories. Since founding the company along with his brother and friend in 2014, MAKO has gone from strength to strength. The managerial team has always had a strong focus on supporting and empowering its employees. With that in mind, it’s no wonder the budding business was among the companies to receive this major honor.
To decide which companies made the list, the experts at Forbes teamed up with Statista to gather a list of 2,500 American businesses that started between 2011 and 2018. Only those that employed 50 or more people and started from scratch made the list. Next, the team evaluated each of the businesses based on the following three pieces of criteria:
- Employer reputation. To delve into each employer’s reputation, the team looked at blogs, social media posts, and articles. They searched for specific keywords, including “corporate culture,” “diversity” and “employee engagement.” Upon identifying companies associated with these terms, the team gained an understanding of each brand’s reputation and status.
- Employee satisfaction. Next up, the team assessed each business’s overall employee satisfaction. This involved delving into online reviews from staff members and gaining an idea of how both current and former team members evaluate their time with the businesses in question.
- Company growth. Finally, the team looked into each company’s growth since establishment. The task involved researching the businesses’ web traffic and staff size growth over two years. To make it to the top of the list, a business had to show sustained increases.
After this extensive evaluation, MAKO Medical Laboratories took the spot 338 on the list of America’s Best Startup Employers. Under the helm of Chad Price, the business continually exceeded expectations. When the pandemic started last year, the savvy entrepreneur shifted its focus to help fight it. The testing labs, based in Henderson and Raleigh, began testing and identifying new strains of the virus. To date, the healthcare company has identified mutations across nine of the thirty-eight states where they test.
Of course, to cope with the growing testing demands, Chad Price had to expand the business greatly. For that reason, he extended the Henderson premises laboratory space. The move boosted its capacity from 50,000 COVID-19 tests daily to around 100,000 tests per day. Additionally, the team grew to almost triple its former size from 350 staff members to more than 1,000. This colossal and fast company growth over the last year is certain to be one of the reasons the business made Forbes’ list of employers.
MAKO Medical Laboratories also strongly focuses on supporting its expanding team. Chad Price’s brother and co-founder, Adam Price, served in the U.S. Army for a decade and understands the importance of post-service employment. That’s why the company employs army veterans as “shark drivers.” With more than 22,000 pickups every month, precision and dedication are top priorities. In his role as Head of Logistics and Supply Chain, Adam Price overseas the dedicated team in all their movements.
“Recruiting the best possible team is something I have been able to do at MAKO, which has allowed for our growth and has allowed me to hire over 100 veterans since we have started,” Adam Price told the GrepBeat.
Armed with this latest honor from Forbes, MAKO Medical Laboratories continues to support its staff members while serving the wider community. While the battle against COVID-19 is far from over, the stellar laboratories will carry on providing the latest in both innovative testing techniques and virus mutation research.
About MAKO Medical Laboratories
Boasting an expert team of nationally recognized doctors and PhDs, MAKO Medical Laboratories specializes in methodology development and pathological services. The game-changing testing labs prioritize patients by offering complete transparency from start to finish.
Founded in 2014 by Chad Price, Adam Price, and Josh Arant, MAKO aims to disrupt the sector. The company combines a wealth of new technology, including robotics, app platforms, and cloud-based tech. In response to the pandemic, the laboratories have adapted their services to offer accurate testing. MAKO Medical Laboratories also supports veterans by employing them within their driving service team.
Chad Price is the CEO of MAKO Medical Laboratories. He has had a long entrepreneurial career previously co-founding BrideGenie and founding Element Services Group Mechanical LLC. He has played a major role in starting Cary Reconstruction, and is a board member for Trill A.I. Moreover, he currently offers tailored consulting services to companies embarking on new mergers or primed for growth.