As in past years, we at Healthcare Informatics are proud to share with you our unique offering: the Healthcare Informatics 100. This listing of healthcare IT vendors is the only ranking of its kind in healthcare IT, and provides you, our readers, with detailed information on the most recent vendor revenues, as well as other data on the companies listed.
In addition, we welcome you to enjoy several companion articles. Three of these articles are profiles of this year's “Most Interesting Vendors”: vendor companies that we at Healthcare Informatics, and our readers, agreed, were organizations they wanted to learn more about. This year, our most interesting vendors include Allscripts/Eclipsys, OptumInsight (formerly Ingenix), and Zynx Health. Each has a very interesting story to tell, and all have senior executives willing to share their market strategies with our readers.
In addition is this year's anthology of “Up and Comers”-a report on smaller companies that are making waves because of unusual business models, intriguing technologies, exceptional leadership, noteworthy growth trajectories, or some combination of those elements.
This cover story package also includes Mark Hagland's analysis of revenue trends, on page 42, and Ben Rooks's annual look at mergers and acquisitions (page 46).
Meanwhile, opposite, please find an explanation of our methodology for creating the Healthcare Informatics 100. Once again this year, we've used an expert team of researchers and analysts to help us sort through data and information, both from vendors that self-reported revenues to us, as well as a small number of companies that did not submit, but whose profile in the industry we cannot ignore. We sincerely thank our researchers and analysts as their diligence enables us to provide you with a list of the highest integrity and usefulness.
Our Methodology and Experts
As previously, two firms were instrumental in compiling, editing, and reviewing the 2010 revenue figures for this year's Healthcare Informatics 100 issue, Porter Research and ST Advisors, LLC.
The sales figures were compiled and reviewed by Porter Research, who consulted with both its staff and other business partners to ensure inclusion of the deserving companies, as well as fairness in their reporting.
For those firms that did not disclose their sector-specific revenues, Porter, working with ST Advisors, sought to estimate data based on patterns of previous years' revenue arcs derived from industry press releases and unrelated healthcare industry consultants. We believe these estimates present a fair approximation of those firms' influence and rankings in today's corporate healthcare information technology environment.
Porter Research (www.porterresearch.com), a sister company to Billian's HealthDATA, and based in Atlanta, provides market research services to generate quantitative and qualitative knowledge of market opportunities, customer loyalty and experience, win-loss sales analysis, brand awareness, and more. Cynthia Porter, president of Porter Research, is an experienced healthcare technology executive with more than 25 years of experience in all disciplines of the healthcare market-payers, providers, and vendors.
ST Advisors, LLC (www.st-advisors.com) offers both long-term and project-based relationships to HCIT companies and financial sponsors. Founder Ben Rooks worked as both a healthcare IT equity research analyst and investment banker for close to two decades. He is also a member of Healthcare Informatics' editorial board.
Thank you to Cynthia, Ben, and their colleagues for their time and input in assembling this year's compendium.
McKesson Technology Solutions | Alpharetta, GA | www.mckesson.com
HIT Revenue: $3,124,000,000 (10) $3,064,000,000 (09) $2,984,000,000 (08)
Major Revenue: 18% Software; 4% Hardware; 78% Services
Employees: 15,131 Type Company: Public Founded: 1974
The information technology and connectivity business of McKesson Corporation provides IT solutions that help organizations to improve patient safety, reduce the cost and variability of care, and manage revenue stream and resources.
Company Executives: Patrick Blake, EVP and Group President, McKesson Corp.
Dell Inc.* | Round Rock, TX | 800-289-3355 | content.dell.com/us/en/healthcare/healthcare-solutions.aspx