Celebrates fifth consecutive year of more than 50 percent year-over-year
PRINCETON, NJ, Feb. 26, 2013 /CNW/ - 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
"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
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.
SOURCE: CitiusTech Inc.
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Source: CitiusTech Inc.