CTG Named to Healthcare Informatics Annual Ranking of the Top 100 Healthcare IT Providers
July 17 2008 - 2:00PM
PR Newswire (US)
BUFFALO, N.Y. and CINCINNATI, July 17 /PRNewswire-FirstCall/ -- CTG
(NASDAQ:CTGX), an international information technology (IT)
solutions and services company, announced today that it was named
by Healthcare Informatics to its annual ranking of the 100 largest
healthcare IT providers, the Healthcare Informatics 100 (HCI 100).
CTG was named to the HCI 100 list based on its 2007 revenue for the
healthcare provider market. In addition to other large healthcare
IT consulting firms, the list includes the leading hospital
information systems companies and other healthcare-related software
firms. The HCI 100 list appears in the June 2008 issue of
Healthcare Informatics, a leading CIO-level publication published
by the Vendome Group, that specializes in issues of system
selection, project management, enterprise integration, change
management, and budgeting for healthcare organizations. "CTG is
pleased to again be recognized by Healthcare Informatics as one of
the 100 largest providers of healthcare IT," said James R. Boldt,
CTG Chairman and Chief Executive Officer. "Our long-time focus on
the healthcare market enables us to provide industry-specific
technology and business solutions to a large and growing market
which has unique and highly specialized needs. CTG's success at
supporting the needs of the healthcare industry is the major
contributor to the growth we are currently experiencing." CTG
supports the healthcare provider market through its business unit,
CTG HealthCare Solutions (CTGHS), which provides clinical,
financial, and operational IT and business solutions to healthcare
institutions, physician practices, and related organizations.
Additionally, CTG serves the healthcare payer and the life sciences
market through separate practices within its healthcare business.
Collectively, these businesses contributed approximately 25% to
CTG's total 2007 revenue of $325.3 million. Healthcare Informatics
compiled the HCI 100 list based on 2007 healthcare IT revenue from
companies supporting the technology needs of healthcare
organizations. For more information about the HCI 100, visit
http://www.healthcare-informatics.com/. About CTG and CTGHS Backed
by over 40 years' experience, CTG provides IT solutions and
services to help Global 2000 clients focus on their core businesses
and use technology as a competitive advantage to excel in their
markets. CTG combines in-depth understanding of our clients'
businesses with a full range of integrated services and proprietary
service methodologies supported by an ISO 9001:2000-certified
management system. Our IT professionals based in an international
network of offices in North America and Europe have a proven track
record of delivering high-value, industry-specific solutions. CTG
HealthCare Solutions is CTG's business unit dedicated solely to
helping healthcare providers, physician practices, and related
organizations achieve clinical and financial goals through
effective technology and business solutions. More information about
CTG and CTG HealthCare Solutions is available on the Web at
http://www.ctg.com/ and http://www.ctghs.com/. This document
contains certain forward-looking statements concerning the
Company's current expectations as to future growth. These
statements are based upon a review of industry reports, current
business conditions in the areas where the Company does business,
the availability of qualified professional staff, the demand for
the Company's services, and other factors that involve risk and
uncertainty. As such, actual results may differ materially in
response to a change in such factors. Such forward-looking
statements should be read in conjunction with the Company's
disclosures set forth in the Company's 2007 Form 10-K and
Management's Discussion and Analysis section of the Company's 2007
annual report, which are incorporated by reference. The Company
assumes no obligation to update the forward-looking information
contained in this release. Today's news release, along with CTG
news releases for the past year, is available on the Web at
http://www.ctg.com/. CTGX-G CONTACT: Richard Dye, Director of
Marketing Communications (716) 887-7306 DATASOURCE: CTG CONTACT:
Richard Dye, Director of Marketing Communications, +1-716-887-7306
Web site: http://www.ctg.com/ http://www.ctghs.com/
http://www.healthcare-informatics.com/ Company News On-Call:
http://www.prnewswire.com/comp/198025.html
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