CTG Ranked Eighth Largest on Modern Healthcare's Annual List of the Top 20 Healthcare Management Consulting Firms
September 16 2008 - 11:30AM
PR Newswire (US)
BUFFALO, N.Y., Sept. 16 /PRNewswire-FirstCall/ -- CTG
(NASDAQ:CTGX), an international information technology (IT)
solutions and services company, announced today that CTG HealthCare
Solutions (CTGHS), its business unit serving healthcare providers,
was named by Modern Healthcare to its annual ranking of the 20
largest healthcare management consulting firms. CTGHS was ranked
eighth on the 2008 list, based on its 2007 revenue in the
healthcare provider consulting market. CTGHS was also eighth in the
2007 survey. The list appears in the September 1, 2008, issue of
Modern Healthcare, a publication of Crain Communications, a
publishing company providing vital news and information to industry
leaders and consumers. "We are pleased to be recognized by Modern
Healthcare as the eighth largest of the top 20 healthcare
consulting providers," said James R. Boldt, CTG Chairman and Chief
Executive Officer. "CTG's 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. Our success at supporting the needs of the
healthcare industry is the major contributor to the growth CTG is
currently experiencing." CTG supports the healthcare provider
market through its business unit, CTG HealthCare Solutions, 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. Modern Healthcare compiled the list based on 2007
healthcare revenue from provider consulting fees. The source was
Modern Healthcare's 3rd annual Management Consultant Firms Survey.
For more information about this list, visit
http://www.modernhealthcare.com/. CTG HealthCare Solutions is a
leading information technology consulting firm dedicated solely to
helping healthcare institutions, physician practices, and related
organizations achieve clinical and financial goals through
effective technology and business solutions. More information about
CTGHS is available on the Web at http://www.ctghs.com/. Backed by
over 40 years' experience, CTG provides IT solutions and services
to help our clients 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 offerings, best
practices, and proprietary 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 serves companies in several
industries and is a leading provider of IT and business consulting
solutions to the healthcare market. CTG posts news and other
important information on the Web at http://www.ctg.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/. CONTACT: Richard Dye, Director of Marketing
Communications (716) 887-7306 ctgx-g DATASOURCE: CTG CONTACT:
Richard Dye, Director of Marketing Communications of CTG,
+1-716-887-7306, Web site: http://www.ctg.com/
http://www.ctghs.com/ http://www.modernhealthcare.com/ Company News
On-Call: http://www.prnewswire.com/comp/198025.html
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