CareTechNews

CareTech Solutions Relocates Headquarters

Hospital IT Outsourcing Provider Merges Local Facilities

Troy, Mich. — February 2, 2004 — CareTech Solutions, an information technology (IT) services outsourcing provider for hospitals and health systems has relocated its corporate headquarters to Troy, Mich., from its former location in Southfield, Mich. The new 34,000 sq. foot facility, arranged with leasing firm Grubb and Ellis in a five-year lease, allowed CareTech to merge its executive leadership team and account staff with the firm’s client help desk and other shared services groups in the Troy location. “Merging our corporate offices with the shared services groups provides new synergies within the organization and is another action towards growing a company with a long-term vision in a rapidly expanding marketplace,” said James Giordano, CareTech Solution’s president and chief executive officer. “I’m delighted that we can now offer our staff a more efficient working environment that supports our commitment to constantly improving the quality and delivery of customer service.”

CareTech Solutions currently employs approximately 670 people — 124 work from the new Troy headquarters — across several states through outsourcing contracts with over 20 hospitals and their affiliated networks.

About CareTech Solutions, Inc.
CareTech Solutions Inc., an IT services outsourcing provider for hospitals and health systems, is committed to creating value for healthcare clients through customized, flexible information technology outsourcing solutions that contribute to improving patient care while lowering healthcare costs. Based in Troy, MI, CareTech Solutions offers clients expert services in virtually every facet of information technology from implementing emerging technologies to supporting day-to-day IT operations for hospitals nationally. For more information please visit: www.caretechsolutions.com.

CONTACT:

Kevin Sangsland
Airfoil Public Relations, Inc.
(313) 887-7205
sangsland@airfoilpr.com
Jody Meehan
CareTech Solutions, Inc.
(248) 233-3080
jmeehan@cts-mail.com