Syntel Ranked Among the Top 100 Healthcare IT Providers
Syntel, Inc. (NASDAQ: SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced that it has been named to the 2008 Healthcare Informatics 100, a list of the 100 leading global healthcare IT providers. This recognition once again confirms Syntel’s elite position among companies providing technology services to the healthcare industry today.
In its 15th edition, the Healthcare Informatics 100 (www.healthcare-informatics.com) list ranks the top 100 healthcare technology providers by revenue. Syntel placed at the #57 spot and has been named to the list annually since 2003. Syntel’s 2006 healthcare sector revenue increased 7.6 percent over 2006 levels, and accounted for 15 percent of the Company’s 2007 revenues.
Syntel offers the healthcare and life sciences industry a comprehensive, integrated suite of IT and Knowledge Process Outsourcing (KPO) services that spans the entire value chain for payers, providers, and pharmaceutical firms. Its solutions focus on creating sustainable competitive advantages and continuous innovation to enhance patient satisfaction. Its healthcare group is staffed with business consultants, domain experts and technology gurus.
“We are honored and pleased to be recognized by Healthcare Informatics as one of the top 100 health care technology providers,” said Keshav Murugesh, Syntel President and COO. “This confirms Syntel’s strength in the health care industry and the value our customers derive from our integrated, innovative, high value solutions.”
For payers, Syntel offers solutions spanning pre-sales, underwriting, plan design and claims management and adjudication. In addition, specific solutions have been built around CDHC, Medicare and Medicaid programs, disease management and care management. Integrated KPO solutions for claims reconciliation are also provided.
Syntel’s provider-specific service offerings for small and large Integrated Delivery Networks and Hospitals include supply chain management, patient accounting, revenue cycle management, HR and finance applications and integrated BPO services for the entire billing and revenue cycle. Syntel has also launched services related to product engineering, testing and validation, and custom services in PACS and DICOM areas.
Syntel also offers solutions that span the entire pharmaceutical lifecycle, from clinical development through sales and marketing, including trial and clinical data management, manufacturing and supply chain operations, sales force automation and business analytics.
The article appears in the June 2008 issue of Healthcare Informatics Magazine, which has a readership of nearly 50,000 subscribers in the healthcare and technology fields.
About Healthcare Informatics
Healthcare Informatics’ mission is to provide impartial, incisive coverage on healthcare information technology including its successes and shortcomings. It strives to distill critical information to help healthcare executives make the best use of their time, staff, and IT investments. Healthcare Informatics offers practical guidance and evaluations on information technology that can help these executives meet their responsibilities on budget and improve efficiency in their organizations. To learn more, visit www.healthcare-informatics.com.