HTC Global Services Acquires CareTech Solutions
(TROY, MICH., December 18, 2014) HTC Global Services, a global provider of Information Technology (IT) Solutions and IT Enabled Services, announced today that it has acquired CareTech Solutions, Inc. (CareTech), an IT and Web products and services provider for U.S. hospitals and healthcare systems. Both companies are headquartered in Troy, Michigan.
“This acquisition is an integral part of our strategy of exponential growth in our chosen areas of IT competencies” said Madhava Reddy, President and CEO of HTC Global Services who will also take on the role of Chairman of CareTech Solutions. “CareTech will retain its brand name and operate as a wholly owned subsidiary of HTC under its current leadership team. The addition of a successful company like CareTech, which provides focused IT services and solutions to the Healthcare Industry, expands our footprint in the USA and allows us to strengthen and broaden our range of service offerings. This is an excellent opportunity to increase job opportunities in Michigan and to expand our services globally,” he added.
Jim Giordano will continue to lead CareTech as its President and CEO. “CareTech and HTC share the same values, culture and commitment to customer service that helped rank CareTech as an industry leader,” said Giordano. “I am confident that the combination of our two companies will further strengthen our value proposition, providing additional services for our customers and new opportunities for our employees. This is an exciting time for all of us,” he added.
About HTC Global Services
Established in 1990, HTC Global Services is an INC. 500 Hall of Fame company and one of the fastest growing privately held companies in Michigan. HTC Global Services has offices in several countries and global delivery centers in North America, India, and Malaysia to serve customers across the globe. HTC Global Services is staffed with a global team of 6,500+ highly qualified and experienced professionals.
About CareTech Solutions
CareTech Solutions is an information technology (IT) and Web products and services provider for U.S. hospitals and health systems. CareTech’s more than 1,200 U.S.-based professionals create value for clients through customized IT solutions that contribute to improving the patient experience while lowering healthcare costs. From implementing emerging technologies to supporting day-to-day IT operations, CareTech offers clients expert health information technology services earning it the 2008, 2009, 2010, 2011 and 2013 Best in KLAS award for IT Outsourcing (Extensive), and the 2012 and 2013 IT Partial Outsourcing Award as ranked by healthcare executives and professionals in the respective annual “Best in KLAS Awards: Software & Services” report.
Contact: Mark Gilman