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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)

  26. Spheris Franklin, TN

    HIT Revenue: $200,400,000 (′07) $207,100,000 (′06) $209,000,000 (′05)

  27. InterSystems Corporation Cambridge, MA

    HIT Revenue: $195,000,000 (′07) $160,000,000 (′06) $135,000,000 (′05)

  28. Keane Inc. San Ramon, CA

    HIT Revenue: $189,293,000 (′07) $174,488,000 (′06) $180,170,000 (′05)

  29. SAS Cary, NC

    HIT Revenue: $172,000,000 (′07) $169,100,000 (′06) $151,200,000 (′05)

  30. HealthPort Alpharetta, GA

    HIT Revenue: $168,341,000 (′07) $113,638,000 (′06) $100,334,000 (′05)

  31. Kronos Incorporated Chelmsford, MA

    HIT Revenue: $158,821,000 (′07) $156,116,000 (′06) $145,224,000 (′05)

  32. NextGen Healthcare/Quality Systems Inc. Horsham, PA

    HIT Revenue: $157,000,000 (′07) $119,300,000 (′06) $89,000,000 (′05)

  33. Emergis, a TELUS Company Longueuil, Quebec City

    HIT Revenue: $149,600,000 (′07) $113,800,000 (′06) $91,900,000 (′05)

  34. QuadraMed Corporation Reston, VA

    HIT Revenue: $137,350,000 (′07) $125,201,000 (′06) $122,313,000 (′05)

  35. MED3000 Inc. Pittsburgh, PA

    HIT Revenue: $117,763,665 (′07) $47,685,000 (′06) $10,400,000 (′05)

  36. CareTech Solutions Inc. Troy, MI

    HIT Revenue: $115,400,000 (′07) $112,750,000 (′06) $106,190,000 (′05)

  37. Picis Wakefield, MA

    HIT Revenue: $115,000,000 (′07) $67,000,000 (′06) $60,000,000 (′05)

  38. MedAssets Inc. Alpharetta, GA

    HIT Revenue: $114,800,000 (′07) $92,200,000 (′06) $30,500,000 (′05)

  39. PHNS Inc. Dallas, TX

    HIT Revenue: $112,444,000 (′07) $92,151,000 (′06) $78,855,000 (′05)

  40. IMPAC Medical Systems Inc. Sunnyvale, CA

    HIT Revenue: $111,500,000 (′07) $91,700,000 (′06) $72,800,000 (′05)

  41. CPSI Mobile, AL

    HIT Revenue: $110,013,000 (′07) $115,974,000 (′06) $108,826,000 (′05)

  42. NEC Unified Solutions Inc. Irving, TX

    HIT Revenue: $105,000,000 (′07) $91,000,000 (′06) N/A (′05)

  43. Emageon Birmingham, AL

    HIT Revenue: $104,625,000 (′07) $123,505,000 (′06) $75,064,000 (′05)

  44. athenahealth Inc. Watertown, MA

    HIT Revenue: $100,773,000 (′07) $75,813,000 (′06) $53,540 (′05)

  45. HOV Services Inc. Troy, MI

    HIT Revenue: $90,390,000 (′07) $50,840,000 (′06) $40,020,000 (′05)

  46. Sunquest Information Systems Tuscon, AZ

    HIT Revenue (HIS PROS ESTIMATE): $80,000,000 (′07)

  47. CNSI Rockville, MD

    HIT Revenue: $79,281,659 (′07) $57,600,000 (′06) $31,393,000 (′05)

  48. SCC Soft Computer Clearwater, FL

    HIT Revenue: $75,600,000 (′07) $62,500,000 (′06) $57,550,000 (′05)

  49. Vital Images Inc. Minnetonka, MN

    HIT Revenue: $70,176,000 (′07) $70,512,000 (′06) $51,717,000 (′05)

  50. Accuro Healthcare Solutions Dallas, TX

    HIT Revenue: $68,069,000 (′07) $55,972,000 (′06) $24,072,000 (′05)

  51. eClinicalWorks Westborough, MA

    HIT Revenue: $59,325,000 (′07) $38,214,865 (′06) $17,499,846 (′05)

  52. DR Systems Inc. San Diego, CA

    HIT Revenue $57,731,824 (′07) $50,180,499 (′06) $36,185,565 (′05)

  53. Computer Task Group Inc. (CTG) Buffalo, NY

    HIT Revenue: $56,900,000 (′07) $49,400,000 (′06) $41,300,000 (′05)

  54. Healthcare Management Systems Inc. Nashville, TN

    HIT Revenue: $53,800,000 (′07) $47,000,000 (′06) $41,330,000 (′05)

  55. AMICAS Inc. Boston, MA

    HIT Revenue: $49,900,000 (′07) $49,400,000 (′06) $52,800,000 (′05)

  56. Precision Dynamics Corporation San Fernando, CA

    HIT Revenue: $49,749,000 (′07) $44,500,000 (′06) $41,600,000 (′05)

  57. Syntel Troy, MI

    HIT Revenue: $49,000,000 (′07) $45,500,000 (′06) $42,600,000 (′05)

  58. CareMedic Systems Inc. St. Petersburg, FL

    HIT Revenue: $49,000,000 (′07) $49,040,000 (′06) $35,940,000 (′05)

  59. Source Medical Solutions Birmingham, AL

    HIT Revenue: $44,891,765 (′07) $36,344,112 (′06) $32,948,003 (′05)

  60. MEDecision Inc. Wayne, PA

    HIT Revenue: $44,800,000 (′07) $44,200,000 (′06) $38,600,000 (′05)

  61. HealthStream Nashville, TN

    HIT Revenue: $43,900,000 (′07) $31,800,000 (′06) $27,400,000 (′05)

  62. Mediware Information Systems Lenexa, KS

    HIT Revenue: $41,200,000 (′07) $37,800,000 (′06) $36,500,000 (′05)

  63. The SSI Group Inc. Mobile, AL

    HIT Revenue: $40,472,000 (′07) $38,566,000 (′06) $39,521,000 (′05)

  64. Dairyland Healthcare Solutions Glenwood, MN

    HIT Revenue: $38,892,838 (′07) $37,667,641 (′06) $32,265,786 (′05)

  65. TeleVox Software Inc. Mobile, AL

    HIT Revenue: $38,400,000 (′07) $31,360,000 (′06) $22,540,000 (′05)

  66. Passport Health Communications Inc. Franklin, TN

    HIT Revenue: $37,321,271 (′07) $31,025,189 (′06) $24,858,880 (′05)

  67. Antares Management Solutions Westlake, OH

    HIT Revenue: $36,900,000 (′07) $28,300,000 (′06) $32,000,000 (′05)

  68. TeleTracking Technologies Inc. Pittsburgh, PA

    HIT Revenue: $35,700,000 (′07) $27,800,000 (′06) $23,700,000 (′05)

  69. Adaptis Seattle, WA

    HIT Revenue: $33,906,000 (′07) $28,967,000 (′06) $27,100,000 (′05)

  70. Orion Health Santa Monica, CA

    HIT Revenue: $29,949,000 (′07) $23,962,071 (′06) $15,984,351 (′05)

  71. Vitalize Consulting Solutions Inc. Kennett Square, PA

    HIT Revenue: $28,261,926 (′07) $17,115,942 (′06) $10,300,000 (′05)

  72. Hyland Software Westlake, OH

    HIT Revenue: $26,900,000 (′07) $15,589,000 (′06) $11,792,000 (′05)

  73. RCM Technologies Inc. Parsippany, NJ

    HIT Revenue: $24,871,754 (′07) $19,646,147 (′06) $20,874,415 (′05)

  74. American Healthcare Holdings Tampa, FL

    HIT Revenue: $24,393,524 (′07) $23,347,193 (′06) $18,748,832 (′05)

  75. Beacon Partners Inc. Weymouth, MA

    HIT Revenue: $24,000,000 (′07) $16,600,000 (′06) $10,900,000 (′05)

  76. Axiom Resource Managment Inc. Falls Church, VA

    HIT Revenue: $23,312,483 (′07) $19,110,575 (′06) $15,711,238 (′05)

  77. ZirMed Inc. Louisville, KY

    HIT Revenue: $23,256,293 (′07) $15,469,425 (′06) $10,779,014 (′05)

  78. MEDSEEK Inc. Birmingham, AL

    HIT Revenue: $23,000,000 (′07) $18,000,000 (′06) $8,000,000 (′05)

  79. Nightingale Informatix Markham, ON

    HIT Revenue: $21,551,000 (′07) $11,423,000 (′06) $4,131,000 (′05)

  80. Amcom Software Inc. Eden Prairie, MN

    HIT Revenue: $21,000,000 (′07) $18,000,000 (′06) $15,500,000 (′05)

  81. Data Innovations Inc. South Burlington, VT

    HIT Revenue: $20,826,000 (′07) $13,192,000 (′06) $11,805,000 (′05)

  82. The CSC Group Brecksville, OH

    HIT Revenue: $19,042,900 (′07) $18,170,000 (′06) $16,300,000 (′05)

  83. Streamline Health Cincinnati, OH

    HIT Revenue: $16,600,000 (′07) $15,900,000 (′06) $16,100,000 (′05)

  84. CBay Systems and Services Inc. Annapolis, MD

    HIT Revenue: $15,000,000 (′07) $6,600,000 (′06)

  85. Unibased Systems Architecture Inc. St. Louis, MO

    HIT Revenue: $14,800,000 (′07) $12,000,000 (′06) $8,000,000 (′05)

  86. Hayes Management Consulting Newton Center, MA

    HIT Revenue: $14,727,000 (′07) $11,900,000 (′06) $10,178,000 (′05)

  87. GeBBS Healthcare Solutions Englewood Cliffs, NJ

    HIT Revenue: $12,102,454 (′07) $11,026,111 (′06) $10,654,538 (′05)

  88. The Coker Group Alpharetta, GA

    HIT Revenue: $12,000,000 (′07) $9,000,000 (′06) $7,000,000 (′05)

  89. Medical Present Value Inc. (MPV) Austin, TX

    HIT Revenue: $11,724,791 (′07) $9,204,337 (′06) $5,201,047 (′05)

  90. The Shams Group Coppell, TX

    HIT Revenue: $11,545,000 (′07) $8,625,000 (′06) $6,784,100 (′05)

  91. Perceptive Software Inc. Shawnee, KS

    HIT Revenue: $10,408,921 (′07) $6,743,601 (′06) $4,578,557 (′05)

  92. Aspyra Inc. Calabasas, CA

    HIT Revenue: $10,300,000 (′07) $12,700,000 (′06) $7,200,000 (′05)

  93. Portico Systems Inc. Blue Bell, PA

    HIT Revenue: $10,213,000 (′07) $7,801,000 (′06) $3,048,000 (′05)

  94. Clinicare/Chartcare New York, NY

    HIT Revenue: $9,600,000 (′07) $6,500,000 (′06) $5,300,000 (′05)

  95. Global Works Systems Inc. Burlington, VT

    HIT Revenue: $9,400,000 (′07) $7,200,000 (′06) $5,500,000 (′05)

  96. Health Data Specialists, LLC Pomona, KS

    HIT Revenue: $9,400,000 (′07) $6,800,000 (′06) $5,100,000 (′05)

  97. Virtelligence Inc. Minneapolis, MN

    HIT Revenue: $9,385,932 (′07) $8,127,890 (′06) $5,671, 234 (′05)

  98. MediNotes Corporation West Des Moines, IA

    HIT Revenue: $8,569,000 (′07) $7,901,000 (′06) $7,558,000 (′05)

  99. Benchmark Systems Lynchburg, VA

    HIT Revenue: $8,500,000 (′07) $7,140,000 (′06) $7,947,500 (′05)

  100. HTP Inc. Columbus OH (614) 885-1272

    HIT: Revenue: $7,455,155 (′07) $5,502,205 (′06) $4,100,348 (′05)

Healthcare Informatics 2008 August;25(8):38-44


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