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A privately held company formed in 1998, CareTech Solutions is governed by a six-person board with equal representation from its owners, Compuware Corporation (Nasdaq: CPWR), the Detroit Medical Center (DMC) and Oakwood Healthcare System.
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"Today's appointment of Mike and Jay to the CareTech Solutions board of directors demonstrates my continued commitment to provide CareTech management with access to the best strategic business minds in healthcare," said Peter Karmanos, chairman and CEO of Compuware Corporation, and chairman of the board for CareTech Solutions. "I am confident that the addition of Mike and Jay to the board will further enhance the governance process, and in turn, help to advance CareTech's strategic growth agenda."
CareTech Solutions President and CEO, Jim Giordano added, "I am very pleased to welcome Mike and Jay to our board and look forward to leveraging their diverse experience and distinguished leadership track records. Their contributions will be of great value as CareTech Solutions continues to strengthen its position in the growing and dynamic healthcare IT industry."
In addition to Peter Karmanos, chairman of the CareTech Solutions board, Duggan and Rising join the following existing board members:
About CareTech Solutions
CareTech Solutions, Inc., an information technology and Web products and services provider for more than 150 U.S. hospitals and health systems, creates value for clients through customized IT solutions that contribute to improving patient care while lowering healthcare costs. From implementing emerging technologies to supporting day-to-day IT operations, CareTech offers clients expert health information management services across the entire patient data lifecycle earning it the 2008 and 2009 Best in KLAS award for IT Outsourcing (Extensive) as ranked by healthcare executives and professionals in the 2008 and 2009 Top 20 Best in KLAS Awards: Software & Professional Services report.
For more information, please visit www.caretech.com.
-- Brian Connolly, president and CEO, Oakwood Healthcare System -- W. James Prowse, chief financial officer, Covisint, Compuware Corporation -- Douglas Welday, executive vice president and CFO, Oakwood Healthcare System
SOURCE CareTech Solutions, Inc.
