CitiusTech Grows Revenue 65 Percent in 2012
Celebrates fifth consecutive year of more than 50 percent year-over-year growth
PRINCETON, New Jersey, February 26, 2013 /PRNewswire/ –
CitiusTech, a leading healthcare technology solutions and services provider, today
announced that its corporate revenue increased by 65 percent in 2012. This marks the fifth
consecutive year that the company has recorded more than 50 percent year-over-year revenue
growth, driven by client relationships across North America and Europe.
CitiusTech’s Software Engineering practice partnered with healthcare technology
vendors to implement new technologies (e.g., cloud, mobile) and support compliance with
new market initiatives (e.g., Meaningful Use and ACOs). In addition, the Professional
Services practice collaborated with health information exchange (HIE), electronic medical
records (EMR) and RIS/PACS organizations to assist in scaling their worldwide business
initiatives.
CitiusTech’s BI-Clinical platform gained significant market acceptance and is being
used in more than 1,200 provider locations-delivering advanced business intelligence,
analytics and reporting. BI-Clinical conforms to all Meaningful Use Stage 1 and Stage 2
requirements, and is a Qualified EHR Data Submission Vendor (DSV) for 2012 PQRS. The
company also launched BI-Clinical Cloud to provide hosted advanced BI/analytics
capabilities.
“Our success in 2012 was driven by our long-standing partnerships with healthcare
technology organizations,” said Rizwan Koita, CEO of CitiusTech. “We all know that the
healthcare industry is going through a transformation and we are excited to help
accelerate this innovation, consistently delivering best-in-class solutions and an
unmatched cost advantage to our clients.”
CitiusTech was awarded the “Best Places to Work – 2012″ award by the Great Places to
Work organization and became a Foundation Member of the prestigious CHIME organization. In
addition to its superior financial performance, CitiusTech increased its hiring to reach
1,100 employees worldwide. With more than 400 HL7 certified professionals, CitiusTech
retains the distinction of having the largest number of HL7-certified professionals.
About CitiusTech
CitiusTech is a specialist provider of healthcare technology services and solutions to
healthcare IT vendors, providers, ACOs, and health plans. CitiusTech offers a wide range
of healthcare technology services including healthcare software development, healthcare
interoperability, Meaningful Use compliance, BI / analytics, care management and consumer
health. CitiusTech brings strong healthcare domain expertise across technologies,
applications and standards. CitiusTech delivers best-in-class solutions with an unmatched
cost advantage to global healthcare clients. For more information, visit
http://www.citiustech.com.
For more information:
Sujay Pal
Corporate Marketing
E: sujay.pal@citiustech.com
SOURCE CitiusTech Inc.
