CitiusTech Inc Strengths, Domain Expertise, and Key Differentiators
CitiusTech is a specialist provider of healthcare technology services and solutions to healthcare technology companies, providers, payers, and life sciences organizations. CitiusTech enables healthcare organizations to drive clinical value chain excellence – across integration and interoperability, data management (EDW, Big Data), performance management (BI/analytics), predictive analytics & data science, and digital engagement (mobile, IoT). CitiusTech helps customers accelerate innovation in healthcare through specialized solutions, healthcare technology platforms, proficiencies, and accelerators. With technology expertise, service quality, and a global resource base, CitiusTech consistently delivers solutions and cost advantage to healthcare organizations worldwide.
CitiusTech Inc Recent Developments
In August 2020, CitiusTech SCORE+ platform launched support for Out-of-Area record collection projects specific to Blue Health Plans. It follows the recent launch of a pilot program by the Blues Association, where Blue plans in different states can collect medical records on behalf of each other– for HEDIS, Stars, and risk adjustment needs.
In June 2019, CitiusTech along with FluidEdge Consulting, launched the Medicare Advantage Performance Suite (MA-PS), a holistic set of consulting, technology solutions and services for Medicare Advantage plans that worked to boost the CMS star ratings and HEDIS scores. MA-PS is uniquely positioned to help MA plans conduct precision medical management and reimbursement, increase revenue, improve operations and achieve compliance.
In February 2019, CitiusTech a healthcare services and solutions provider, launched the H-IQM platform. H-IQM offered a unique approach that addresses longstanding operational challenges in managing real-time data quality at the source and monitor interfaces for large healthcare organizations while integrating with all popular interface engines.
In January 2019, CitiusTech launched BIC-Audit, the industry’s first real-time audit solution. With its ability to create traceability across financial, contractual, operational, and regulatory domains, BIC-Audit empowers physicians, quality management professionals, practice administrators, and third-party vendors to not only easily generate audit reports but also to determine the correctness of measure calculations, to ensure compliance.
CitiusTech Inc Mergers and Acquisitions (M&A) Activities
In July 2019, Baring Private Equity Asia has signed an agreement to acquire healthcare analytics company CitiusTech from its current PE backer and serial technology entrepreneurs Rizwan Koita and his fellow Indian Institute of Technology (IIT) alumnus Jagdish Moorjani.
In August 2018, CitiusTech a provider of healthcare technology solutions and services has acquired FluidEdge Consulting, a healthcare management consulting company headquartered in Philadelphia. CitiusTech will offer FluidEdge’s consultation expertise in the operations and IT areas to its clients.
CitiusTech Inc Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CitiusTech Inc applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of CitiusTech Inc and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified CitiusTech Analytics and BI customers.
CitiusTech Inc Overview
Ownership: - Baring Private Equity Asia
Number of Employees: 4000
Functional Markets: Analytics and BI, ERP Services and Operations Management, PaaS,
Key Verticals: Healthcare, Life Sciences,
CitiusTech Inc Key Enterprise and Cloud Applications
CitiusTech Analytics and BI
CitiusTech Inc Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
CitiusTech Inc Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
CitiusTech Inc Enterprise Applications Revenues By Functional Markets, $M:
CitiusTech Inc Enterprise Applications Revenues By Verticals, $M:
CitiusTech Inc Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
CitiusTech Inc Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
CitiusTech Inc Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified CitiusTech Inc Customers
No. of CitiusTech Inc Customers: x
No. of CitiusTech Inc Enterprise Applications Customers: x
No. of CitiusTech Inc Cloud Customers: x
No. of CitiusTech Inc Cloud Subscribers: x
Santa Clara Family Health Plan (SCFHP), the California-based community health plan, has deployed CitiusTech’s SCORE+ platform to improve end-to-end HEDIS compliance across its entire membership.
Other customers of CitiusTech are: DaVita, MultiPlan, Centra Health, Watson Health Imaging, Vital Images, Community Care of North Carolina, Vanderbilt University Medical Center, GetWellNetwork, NantHealth.
CitiusTech Inc Market Opportunities, M&A and Geo Expansions
In February 2020, CitiusTech revealed a partnership with Google Cloud to accelerate digital transformation and cloud adoption across healthcare organizations. As a Google Cloud partner, CitiusTech enabled medical technology companies, providers, payers and life sciences organizations to modernize their mission-critical IT by integrating digital solutions on Google Cloud Platform (GCP). The partnership with Google Cloud further strengthened CitiusTech’s capabilities to help healthcare organizations tackle their data interoperability challenges, modernize healthcare applications, implement advanced analytics, and undertake cloud migration at scale.
CitiusTech Inc Risks and Challenges
CitrusTech mainly drives revenues from PaaS sales.
CitiusTech Inc Ecosystem, Partners, Resellers and SI
Sentara partnered with CitiusTech, a Microsoft partner, to architect, build and implement its enterprise data platform (EDP). It leveraged CitiusTech’s BigData solution H-Scale, to deploy an end-to-end data management platform to ingest, curate, transform and reconcile data from five different sources on a daily basis and create a 360-degree view of the patient record. By implementing a cloud-first strategy, Sentara Healthcare has ensured that the EDP uses HIPAA compliant PaaS service offerings of Azure and can scale for large data volume.
Medhost selected CitiusTech as a partner considering the expertise on cloud, clinical workflows, and healthcare interoperability.
CitiusTech Inc Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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