November 15, 2012 - Oakwood Healthcare Signs $120 Million IT Outsourcing Contract
(TROY, Mich. Nov. 15, 2012) CareTech Solutions, an information technology (IT) and Web products and services provider for more than 200 hospitals announced today the renewal of a multi-year IT outsourcing contract with one of its largest customers, Oakwood Healthcare. In addition to renewing the existing agreement, several new services were added putting the contract value at approximately $120 million.
“Oakwood’s longstanding partnership with CareTech and their commitment to service and technology in health care inspired our decision to renew our outsourcing agreement,” said Paula Smith, senior vice president and Chief Information Officer, Oakwood Healthcare. “In addition to renewing the prior outsourcing agreement, we added data center hosting and infrastructure monitoring services. This comprehensive arrangement enables the Oakwood IT team to provide the exceptional support and service our doctors, nurses and administrative staff needs to excel in today’s highly electronic healthcare environment.”
About Oakwood Healthcare
Oakwood Healthcare is an independent, not-for-profit health care organization committed to improving the health and well-being of the individuals and communities in Wayne County. Oakwood provides acute, specialty, primary and preventative care services backed by excellence in research and education. With four acute care hospitals, over 50 outpatient facilities, and 9,000 employees and 1,300 physicians that represent nearly every medical and surgical specialty and subspecialty, Oakwood continues to be one of the largest employers in Wayne County. Oakwood is a finalist for the 2011 Malcolm Baldrige National Quality Award. To learn more about Oakwood Healthcare, visit www.oakwood.org.
About CareTech Solutions
CareTech Solutions, Inc., an information technology and Web products and services provider for more than 200 U.S. hospitals and health systems, creates value for clients through customized IT solutions that contribute to improving patient care while lowering healthcare costs. From implementing emerging technologies to supporting day-to-day IT operations, CareTech offers clients expert health information technology services across the entire patient data lifecycle earning it the 2008, 2009, 2010, 2011 Best in KLAS award for IT Outsourcing (Extensive) as ranked by healthcare executives and professionals in the ”2011 Best in KLAS Awards: Software & Services” report.
For more information, please visit www.caretech.com.
Anne Santori, APR
Public Relations Manager
Media Relations Manager