BUFFALO, N.Y., Sept. 13, 2012 /PRNewswire/ -- CTG, an
information technology (IT) solutions and services company,
announced today that its board of directors elected David H. Klein, the chief executive officer of
Lifetime Healthcare Companies, as a director of CTG. Mr.
Klein has served as CEO of Lifetime Health Companies (and its
predecessor companies), a $6.2
billion enterprise based in Rochester, New York, since 2003. The
Lifetime Health Companies include Excellus BlueCross BlueShield,
Univera Healthcare, Med America Long Term Care Insurance Company,
Lifetime Health Medical Group, Lifetime Care, and EBS-RMSCO Benefit
Solutions. Excellus BlueCross BlueShield and Univera
Healthcare are health insurers that provide health coverage to 1.8
million members.
CTG Chairman and CEO James R.
Boldt commented, "CTG is very fortunate to add a senior
health payer executive of David
Klein's caliber and experience to our board as we continue
to expand our business in the health insurance market. Under
David's leadership, the Lifetime organization successfully managed
not only a major health insurance plan but also physician
practices, a home care agency, and a benefits administration
firm. As CEO of a health plan that is one of the highest-
rated plans nationally for low cost and high quality care, he also
spearheaded strategic investments to transform operations through
business process standardization, systems conversions, and
administrative cost reductions. David brings a perspective
that will be invaluable to CTG as we market and develop services
targeted to the payer market and continue our primary strategic
focus on growing our healthcare IT consulting business which
currently contributes about one-third of our total revenue."
Mr. Klein commented, "I am delighted to join the board of CTG, a
national leader in healthcare IT with service offerings that can
help payers become more efficient and lower costs without
compromising member care. CTG's experience and expertise in the
provider and payer markets also puts the company in an ideal
position to grow its healthcare business as the two industries
increasingly converge."
Mr. Klein began his career in the health payer industry in 1972
at the Blue Cross and Blue Shield Association. He was
subsequently employed by Blue Cross and Blue Shield of Illinois as a senior sales and marketing
executive before moving to Rochester, New
York in 1986 to join Blue Cross and Blue Shield of the
Rochester Area. That company merged with other upstate New
York Blues plans in 1998 to form Excellus BlueCross
BlueShield. In February 2012,
Mr. Klein announced his plans to retire from the Lifetime Health
Companies at the end of 2012.
His industry leadership includes serving as a director of the
Blue Cross and Blue Shield Association and of America's Health
Insurance Plans (AHIP). Mr. Klein is co-chair of the AHIP
policy and regulatory affairs committee and has been actively
involved on the national and state level with healthcare
reform. He is also chair of the BlueCross BlueShield
Association Not-for-Profit Leadership Council. Additionally
Mr. Klein has academic experience in business and health
disciplines as the former chair of the University of Rochester William E. Simon Graduate
School of Business Health Sciences Advisory Board and as an
assistant professor in its School of Medicine and Dentistry
Department of Community and Preventive Medicine. Mr. Klein
has a Masters of Business Administration degree from the
University of Chicago and a Bachelor of
Science degree from Rensselaer Polytechnic
Institute.
Mr. Klein's appointment increases the number of directors
currently serving on CTG's board to seven. He fills the vacancy on
the board resulting from the death earlier this year of CTG
co-founder and director Randolph A.
Marks. Mr. Klein will stand for election by
shareholders at the company's next annual meeting to be held in
May 2013.
About CTG
CTG develops innovative IT solutions to address the business
needs and challenges of companies in several higher-growth
industries including healthcare, energy, and technology
services. As a leading provider of IT and business consulting
solutions to the healthcare market, CTG offers hospitals, physician
groups, and regional health information exchanges a full range of
electronic medical record services. Additionally, CTG has
developed for the healthcare provider and payer markets unique,
proprietary software solutions that support better and lower cost
healthcare. CTG also provides managed services IT staffing
for major technology companies and large corporations. Backed
by over 45 years' experience, proprietary methodologies, and an ISO
9001-certified management system, CTG has a proven track record of
delivering high-value, industry-specific solutions. CTG had
approximately 3,800 employees at the end of the 2012 second quarter
and operates in North America and
Western Europe. CTG posts news and other important
information on the Web at www.ctg.com.
Safe Harbor Statement
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 2011 Form 10-K, which is
incorporated by reference. The Company assumes no obligation to
update the forward-looking information contained in this
release.
CTG news releases are available on the Web at
www.ctg.com.
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SOURCE CTG