2010 Healthcare Informatics 100 named
Healthcare Informatics has released its 2010 Healthcare Informatics 100, and as to be expected companies from the Philly region have a strong presence on it.
HCI ranks Malvern's Siemens Healthcare #7 with estimated 2009 revenue of $1.4 billion. Also ranked in the top 100 are Medquist of Mount Laurel (28), NextGen Healthcare of Horsham (29), Elsevier of Philadelphia (44), Apollo Health Street of Conshohocken (48), Passport Health Communications (55), whose Healthworks division is located in King of Prussia, Vitalize Consulting Solutions of Kennett Square (66), RCM Technologies of Pennsauken (78), and Portico Systems of Blue Bell (97).
Many others on the list have a significant presence in the area.
Expect more M&A activity among this group over the next year (such as the recent Allscripts-Eclipsys deal) as companies seek to strengthen their competitive positions and add more integrated capabilities as the rampup of spending from Healthcare IT stimulus funding accelerates.
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