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Revenues on Review

June 1, 2006
by root
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Welcome to the 13th annual Healthcare Informatics 100. Here you will find the top 100 companies ranked by 2005 healthcare IT revenue. Collectively, these companies sold over $20 billion in IT products and services to health plans, provider organizations and other business entities, offering everything from highly specialized best-of-breed applications to comprehensive enterprise-wide solutions.

Half report significantly increased revenues 20 percent or more over the prior year. All of this economic activity was played out in a U.S. regulatory environment that continues to be confusing and challenging, yet ultimately encouraging to stakeholders.

All figures for healthcare IT revenues used in creating the Healthcare Informatics 100 were self-reported. We rely on companies to provide accurate information. The data-gathering process began on the Ides of March when we invited companies to complete our online survey.

The always-changing composition of this annual list reflects a dynamic industry fueled by strategic acquisitions, market consolidation, and the fierce entrepreneurial drive of newcomers. Some companies may have a significantly different ranking than previous years because of changes in how IT revenues were attributed or defined as a result of reorganization. And absent entirely are some large industry players due to limits on the granularity of information they are willing to share.

In the table below are some slices of data you may find interesting. Following the main raking, pages 64 through 86 contain profiles of companies making our headliners, up and comers, and others to watch lists, as well as a story on mergers and acquisitions.

The Editors

20 Largest Revenue Percentage Increases For Companies Appearing in 2006 and 2005 Rankings
Rank 2006 Rank 2005 Company Name 2005 Revenue 2004 Revenue Top Growth
12 3 Agfa Corporation 507.00 304.00 67%
39 67 SXC Health Solutions, Inc 54.12 33.04 64%
34 56 Emageon 73.79 45 80 61%
37 55 Picis 59.96 37.30 61%
21 35 Cognizant Technology Solutions 176.10 116.37 51%
65 92 Passport Health Communications, Inc 25.50 17.36 47%
1 1 Cardinal Health 2,190.00 1,560.00 40%
49 72 MEDecision, Inc 38.22 27.42 39%
19 28 Spheris 209.03 152.70 37%
33 37 Allscripts 74.95 56 04 34%
29 43 CPSI 108.80 82.66 32%
57 77 Dairyland Healthcare Solutions 32.00 25.00 28%
2 6 Affi liated Computer Services (ACS) 1,520.00 1,200.00 27%
69 94 TeleVox Software, Inc 23.44 18.62 26%
31 46 NextGen Healthcare/Quality Systems, Inc 88.96 70.93 25%
6 9 Cerner Corporation 1,160.80 926.40 25%
43 57 PDS 48.13 38.63 25%
14 19 Eclipsys 383.30 309.10 24%
66 91 InfoLogix, Inc 25.00 20.50 22%


Companies (rank) in the Healthcare Informatics 100 List

  • Accuro Healthcare Solutions (45)

  • Adaptis Inc. (63)

  • Advanced Data Systems (72)

  • Affiliated Computer Services (ACS) (2)

  • Agfa Corp. (12)

  • Allscripts (33)

  • Anodyne (93)

  • Antares Management Solutions (56)

  • Aspyra Inc. (81)

  • athenahealth Inc. (41)

  • Axiom Resource Management Inc. (78)

  • Cardinal Health (1)

  • CareCentric Inc. (70)

  • CareMedic Systems (54)

  • CareTech Solutions Inc. (30)

  • CBay Systems and Services Inc. (58)

  • Cerner Corp. (6)

  • Click4Care Inc. (87)

  • CNSI (60)

  • Cognizant Technology Solutions (21)

  • Companion Technologies (44)

  • Computer Sciences Corp. (7)

Pages

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