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Home > About BNE > Press Room > 2011 Archive > March > CTG Plans on Hiring 100 More Employees CTG Plans on Hiring 100 More EmployeesTo Expand Workforce in Buffalo by a Third
March 8, 2011 James R. Boldt, CTG’s chairman and chief executive officer, said Monday the company hopes to hire the additional 100 workers for its health care practice by the end of June. The company, which currently has between 225 and 250 employees in Buffalo, already has hired some of those workers, but the bulk of the hiring is still to come, he said. “We’re hoping to attract health care people who used to work in Western New York but have moved,” he said. About 100 of CTG’s employees in Buffalo work for its health care business. The new hires will essentially double the size of its health care staff in Western New York, Boldt said. Behind the hiring spree is the rapid growth in CTG’s health care business, which helps hospitals and other health care organizations implement electronic medical records systems and other computer-based products. CTG’s health care revenues jumped 37 percent during the fourth quarter and now account for a little more than a quarter of the company’s $331 million in total sales last year. CTG expects its revenues to rise by another 13 percent this year, with its health care-dominated solutions business providing much of the growth. Boldt expects CTG’s solutions business to grow at least twice as fast this year as its larger, but less lucrative, business of providing information technology staffing services to clients. “It’s growing really quickly,” Boldt said. “The spending in health care information technology over the next five years is just going to be enormous.” While the push to implement electronic medical records systems has captured most of the attention in CTG’s growing health care business, Boldt said the local hiring is based more on other products and services. CTG, for instance, is ramping up an initiative it launched more than a year ago to develop an electronic records system to help manage the treatment of Western New York patients suffering from kidney disease. That initiative between CTG and UBMD, the University at Buffalo’s 450-member physician practice plan, created a software system to share pa- tient records electronically within the practice and help its doctors identify those who have symptoms that could lead to kidney disease and diabetes. The $28.9 million project is being partly funded by a $7 mil-lion grant from the state Department of Health’s HEAL NY initiative, as well as major investments from CTG and UBMD. The system also was installed during January in Erie County Medical Center and Sheehan Health Network in Buffalo, Boldt said. The company also has software products to help health insurers and other medical clients detect fraud, waste and abuse. That system has been installed with one health insurer, and CTG is doing beta testing for about a half-dozen other clients, Boldt said. Additional work is expected to come as health care providers adopt the new, more extensive series of codes that the World Health Organization uses to classify diagnoses and causes of death. |