CTG Named to Healthcare Informatics Annual Ranking of the Top 100 Healthcare IT Providers
July 15 2009 - 10:00AM
PR Newswire (US)
BUFFALO, N.Y., July 15 /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 2008 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 2009 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 suppliers of healthcare IT to the provider market,"
said James R. Boldt, CTG Chairman and Chief Executive Officer. "In
total, our healthcare business represents over 25% of CTG's revenue
and remains the major focus of our growth efforts. We are moving
forward with our strategy to expand our strong healthcare IT
business by building our portfolio of breakthrough solutions
targeted to the healthcare market and by leveraging our significant
electronic medical records experience." Thomas Niehaus, President
of CTG HealthCare Solutions (CTGHS), added, "CTG continues to be
recognized as an industry leader in the consulting category, with
HCI ranking us eighth in consulting revenues to the provider
market. We are also well known for the strength of our expertise
and client service as evidenced by the consistently high ratings
CTGHS receives from KLAS, the leading independent organization
evaluating healthcare IT providers." 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 26% to CTG's total 2008 revenue of $353.2
million. Healthcare Informatics compiled the HCI 100 list based on
2008 healthcare IT revenue from companies supporting the technology
needs of healthcare organizations. For more information about the
HCI 100 and to access the June 2009 issue of Healthcare
Informatics, visit http://www.healthcare-informatics.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/. Safe Harbor Statement The above-referenced
presentation will contain 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 2008 Form 10-K, which is
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
CONTACTS: CTG Healthcare Solutions: N. Clair Detraz, Vice
President, Strategic Planning & Marketing, CTGHS (513) 564-0909
CTG: Richard Dye, Director of Marketing Communications (716)
887-7306 DATASOURCE: CTG CONTACT: N. Clair Detraz, Vice President,
Strategic Planning & Marketing, CTGHS, +1-513-564-0909, or
Richard Dye, Director of Marketing Communications of CTG,
+1-716-887-7306, Web Site: http://www.ctg.com/
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