Press release from GlobeNewswire (a Nasdaq OMX company)
Syntel Named a Leader in Healthcare IT Services
Monday, June 20, 2011
TROY, Mich., June 20, 2011 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced that it has been ranked #62 on the 2011 "Healthcare Informatics 100," a list of the 100 largest global healthcare IT providers.
"We are honored to be named one of the top 100 global healthcare IT companies," said Syntel CEO and President, Prashant Ranade. "Our healthcare practice has been growing steadily over the past three years, driven by our expanding portfolio of value-added services."
Healthcare presents an exciting growth opportunity for Syntel, and we have invested heavily in new service offerings to help our clients meet regulatory compliance challenges, streamline their operations, and leverage cloud and mobile computing."
Syntel offers a suite of targeted healthcare and life sciences services for providers, payers, pharmaceutical firms and medical device manufacturers, including ICD-10 compliance, predictive analytics, medical banking, care management, mobility, clinical data management, collaboration, and industry-specific testing services.
In its 18th edition, the "Healthcare Informatics 100" list ranks the top 100 healthcare technology providers by revenue. The article appears in the June 2011 issue of Healthcare Informatics magazine.
About Healthcare Informatics
Healthcare Informatics is the only publication focused solely on servicing the acute-care C-suite IT leaders. It covers best practices for system selection, contract negotiation, implementation and integration, as well as strategic management issues, such as governance, staffing, budgeting, and change management. Healthcare Informatics and its Web site are divided into six areas of content — clinical, financial, administrative, wireless, imaging, and policy. To learn more, visit www.healthcare-informatics.com.
Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2000 certified. As of March 31, 2010, Syntel employed more than 17,600 people worldwide. To learn more, visit us at: www.syntelinc.com.
Safe Harbor Provision
This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2010, the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2011, or from other factors not currently anticipated.
CONTACT: Syntel Jon Luebke 248/619-3503 firstname.lastname@example.org