June 10, 2006

Healthcare Informatics - Top 100 Companies Ranked by 2005 Healthcare IT Revenue

Written by: administrator

Healthcare Informatics just posted it’s annual report of the top 100 companies by Revenue. I think it’s important to note that revenue doesn’t always mean quality. In fact, I would suggest that for an EMR company it is often a good thing to not be on this list because that means there software development isn’t governed by the bueracracy of a large company. A small emr company means that you can have a dynamic EMR program and have an EMR that continues to evolve as technology changes. You do want the company to be on a solid footing(like most of the companies on this list), but you gain some specific advantages as a small company that most of the companies on this list don’t have.

One other thing I loved about seeing this list is to see the variety of healthcare IT companies there are out there. It makes me realize how small a fish I am in this big pond we call Healthcare IT.

Here’s the list from Healthcare Informatics:

1
Cardinal Health
San Diego, CA
(858) 480-6000
www.cardinalhealth.com

* Founded: 1971
* Employees: 55,000
* Revenue: 2,190.00 (’05) 1,560.00 (’04) 1,410.00 (’03)
* HIT Revenue: 3%
* Ticker: CAH
* Market: NYSE

Manufactures and distributes pharmaceuticals and medical supplies, offers a range of clinical services and develops automation products that improve the management and delivery of supplies and medications
Company Executives: Dave Schlotterbeck, Chairman/CEO, Clinical Technologies and Services; Dwight Winstead, Pres./COO, Clinical Techologies and Services

2
Affiliated Computer Services (ACS)
Dallas, TX
(214) 841-6111
www.acs-hcs.com

* Founded: 1988
* Employees: 55,000
* Revenue: 1,520.00 (’05) 1,200.00 (’04) 1,010.00 (’03)
* HIT Revenue: 28%
* Ticker: ACS
* Market: NYSE

Delivers worldwide diversified end-to-end business process and IT outsourcing solutions to commercial and government clients

Company Executives: Mark King, Pres./CEO; Lynn Blodgett, EVP/COO

3
EDS
Plano, TX
(972) 605-6000
www.eds.com

* Founded: 1962
* Employees: 117,600
* Revenue: 1,310.00 (’05) 1,308.00 (’04) 1,720.00 (’03)
* HIT Revenue: 7%
* Ticker: EDS
* Market: NYSE

Delivers global business solutions to its clients, and delivers IT and business process outsourcing services to healthcare clients in public and private sectors

Company Executives: Michael Jordan, CEO/Chairman; Jeff Heller, Pres.

4
McKesson Provider Technologies
Alpharetta, GA
(404) 338-6000
infosolutions.mckesson.com

* Founded: 1974
* Employees: 7,000
* Revenue: 1,301.80 (’05) 1,202.50 (’04) 1,139.00 (’03)
* HIT Revenue: 100%
* Ticker: McK
* Market: NYSE

A worldwide provider of IT solutions that help organizations improve patient safety, reduce the cost and variability of care, improve healthcare efficiency and better manage revenue streams and resources

Company Executives: Pamela Pure, Pres., McKesson Provider Technologies; EVP McKesson Corp.

5
Emdeon Corp.
Elmwood Park, NJ
(201) 703-3400
www.emdeon.com

* Founded: 1996
* Employees: 6,100
* Revenue: 1.20 (’05) 1.08 (’04) 0.89 (’03)
* HIT Revenue: 94%
* Ticker: HLTH
* Market: Nasdaq

Provides business, technology and information solutions that transform both the financial and clinical aspects of healthcare delivery by connecting providers, payers, employers, physicians and consumers

Company Executives: Martin Wygod, Chairman; Kevin Cameron, CEO

6
Cerner Corp.
Kansas City, MO
(816) 221-1024
www.cerner.com

* Founded: 1979
* Employees: 7,033
* Revenue: 1,160.80 (’05) 926.40 (’04) 839.60 (’03)
* HIT Revenue: 100%
* Ticker: CERN
* Market: Nasdaq

Supplies healthcare IT, taking the paper chart out of healthcare and eliminating error, variance and waste in the care process

Company Executives: Neal Patterson, Chair/CEO; Cliff Illig, Vice Chair

7
Computer Sciences Corp.
El Segundo, CA
(610) 251-0660
www.csc.com/

* Founded: 1959
* Employees: 80,000
* Revenue: 1,113.85 (’05) 1,063.81 (’04) 843.00 (’03)
* HIT Revenue: 8%
* Ticker: CSC
* Market: NYSE

Globally organized to serve all aspects of the healthcare industry — provider, payer, life sciences and government organizations — through management consulting, systems integration and outsourcing agreements

Company Executives: Van Honeycutt, Chair/CEO; Dan Garrett, VP Global Health Solutions

8
GE Healthcare Integrated IT Solutions
Barrington, IL
(800) 558-5120
www.gehealthcare.com

* Founded: 1997
* Employees: 4,800
* Revenue: 994.00 (’05) 941.00 (’04) NA (’03)
* HIT Revenue: 100%
* Ticker: GE
* Market: NYSE

Healthcare IT vendor with a comprehensive suite of clinical, imaging and business information systems. GE Healthcare acquired IDX Systems Corporation in January of 2006 and has combined product offerings

Company Executives: Vishal Wanchoo, Pres./CEO

9
Perot Systems Corp.
Plano, TX
(972) 577-0000
www.perotsystems.com

* Founded: 1988
* Employees: 18,000
* Revenue: 920.00 (’05) 846.00 (’04) 690.00 (’03)
* HIT Revenue: 46%
* Ticker: PER
* Market: NYSE

Offers services in business analysis and strategy, systems design and integration, and operations alignment

Company Executives: Peter Altabef, Pres./CEO; Russell Freeman, VP, CFO

10
Ingenix
Eden Prairie, MN
(952) 833-6582
www.ingenix.com

* Founded: 1998
* Founded: 1998
* Employees: 3,700
* Revenue: 795.00 (’05) 670.00 (’04) 574.00 (’03)
* HIT Revenue: 100%
* Ticker: Private

Provides technology, products and services to improve delivery and operations for its customers. Ingenix is a wholly owned subsidiary of UnitedHealth Group

Company Executives: Richard Anderson, CEO; Andrew Slavitt, COO


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