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The HCI 100

July 24, 2008
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Our annual ranking of the top 100 healthcare IT companies by revenue helps CIOs know exactly who they're dealing with.

Relationships between hospitals and healthcare IT companies can be so intricate and complex, many liken them to marriages. With such a close bond, it's no wonder CIOs want as much information on these potential mates as possible. HCI's annual ranking of the top 100 companies by revenue serves as one more arrow in their quiver when hunting for vendor/partners. While some might argue that revenues don't translate directly into quality, they do indicate providers are spending money on a particular company's products and services. To make such spending trends clear, we have provided revenues on each company for the past three years.

Our 100 ranking also includes M&A activity, a method of growth which buyers interpret in different ways. While some view acquisitions as a positive way to go about increasing market share, others become concerned that a voracious appetite might not be followed up with proper integration (or assimilation). In any case, our rankings provide a concise snapshot for potential buyers to get an overview of a company's prowess and positioning.

To make the survey even more valuable, this year we enlisted the help of Vince Ciotti and Bob Alcaro, consultants with H.I.S. Professionals, LLC (HIS Pros). Ciotti and Alcaro provided estimated revenues for three large players (Siemens, GE and Sunquest) whose absence would have left noticeable holes in our offering. Ciotti and Alcaro also helped us ensure that only HIT revenues, not overall sales, were considered when ranking the companies. — A.G.

  1. McKesson Alpharetta, GA

    HIT Revenue: $1,905,000,000 (′07) $1,542,000,000 (′06) $1,301,800,000 (′05)

  2. Cerner Corporation Kansas City, MO

    HIT Revenue: $1,520,000,000 (′07) $1,378,000,000 (′06) $1,161,000,000 (′05)

  3. Siemens New York, NY

    HIT Revenue (HIS PROSS ESTIMATE): $1,500,000,000 (′07)

  4. CSC Falls Church, VA

    HIT Revenue: $1,366,000,000 (′07) $1,190,000,000 (′06) $1,085,367,000 (′05)

  5. Perot Systems & JJWild (a Perot Systems company) Plano, TX

    HIT Revenue: $1,342,000,000 (′07) $1,080,000,000 (′06) $932,000,000 (′05)

  6. Ingenix Eden Prairie, MN

    HIT Revenue: $1,303,800,000 (′07) $956,300,000 (′06) $778,600,000 (′05)

  7. GE Fairfield, CT

    HIT Revenue (HIS PROS ESTIMATE): $1,000,000,000 (′07)

  8. Emdeon Business Services Nashville, TN

    HIT Revenue: $808,537,000 (′07) $751,089,000 (′06) $690,094,000 (′05)

  9. Agfa HealthCare Greenville, SC

    HIT Revenue: $648,637,812 (′07) $583,366,671 (′06) $511,563,254 (′05)

  10. Misys Healthcare Systems Raleigh, NC

    HIT Revenue: $571,665,859 (′07) $626,242,053 (′06) $574,434,216 (′05)

  11. Cognizant Teaneck, NJ

    HIT Revenue: $504,504,000 (′07) $330,860,000 (′06) $176,102,000 (′05)

  12. Epic Systems Corporation Verona, WI

    HIT Revenue: $503,000,000 (′07) $422,000,000 (′06) $370,000,000 (′05)

  13. Eclipsys Corporation Atlanta, GA

    HIT Revenue: $477,533,000 (′07) $427,542,000 (′06) $383,342,000 (′05)

  14. The TriZetto Group Inc. Newport Beach, CA

    HIT Revenue: $451,800,000 (′07) $347,900,000 (′06) $292,000,000 (′05)

  15. HLTH Corporation Elmwood Park, NJ

    HIT Revenue: $434,534,000 (′07) $1,007,801,000 (′06) $942,323,000 (′05)

  16. 3M Health Information Systems Inc. (subsidiary of 3M Company) Salt Lake City, UT

    HIT Revenue: $399,500,000 (′07) $288,400,000 (′06) $275,500,000 (′05)

  17. Meditech (Medical Information Technology Inc.) Westwood, MA

    HIT Revenue: $376,000,000 (′07) $345,000,000 (′06) $305,000,000 (′05)

  18. SAIC Reston, VA

    HIT Revenue: $342,000,000 (′07) $319,000,000 (′06) $295,000,000 (′05)

  19. MedQuist Inc. Mount Laurel, NJ

    HIT Revenue: $340,342,000 (′07) $358,091,000 (′06) $353,005,000 (′05)

  20. Sage Software Tampa, FL

    HIT Revenue: $300,000,000 (′07) $300,000,000 (′06) n/a (′05)

  21. VersaSuite Austin, TX

    HIT Revenue: $300,000,000 (′07) $300,000,000 (′06) $300,000,000 (′05)

  22. E*HealthLine Inc. Sacramento, CA

    HIT Revenue: $290,000,000 (′07) $200,000,000 (′06) $90,000,000 (′05)

  23. Wipro Technologies East Brunswick, NJ

    HIT Revenue: $254,000,000 (′07) $121,550,000 (′06) $51,350,000 (′05)

  24. Nuance Communications Burlington, MA

    HIT Revenue: $251,000,000 (′07) $160,000,000 (′06) $25,000,000 (′05)

  25. Allscripts Chicago, IL

    HIT Revenue: $222,673,000 (′07) $173,503,000 (′06) $65,166,000 (′05)

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Comments

Also it would be great if you could display the web address (URL) and contact informations of these organiztaions listed above.

thanks.

there should be variance in percentage column in this report

thanks.

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