Top 10 Healthcare IT Companies   |  March 18, 2008  

 

 

To keep pace with an ever-changing landscape, the Branham300 will continue to transform and grow to provide the most accurate and inclusive snapshot of the Canadian ICT industry. As such, the Healthcare IT Companies Top 10 list is being introduced for the first time in this year’s publication.

Provincial distribution of the major healthcare players on the listing demonstrates most of the companies are located in Ontario and Quebec (30 per cent each), followed by B.C. at 20 per cent, and Nova Scotia and Alberta each at 10 per cent. This distribution corresponds somewhat to the figures generated in Branham’s 2007 study of Canadian eHealth vendors. According to this study, most vendors are located in Ontario (47 per cent), followed by Quebec (22 per cent), B.C. (12 per cent) and then Alberta (9 per cent).

There are currently 469 ICT vendors selling to the Canadian healthcare market, of which 61 per cent are Canadian-owned and 87 per cent are privately held. Of the Canadian players in the healthcare space, 54 per cent contribute software applications, while others offer services and infrastructure (27 and 19 per cent, respectively).

2007 may be the last year we see Emergis and TELUS as separate entities. In December 2007, the proposed acquisition of Emergis by TELUS was brought to public attention. The most influential player in the Canadian healthcare space may emerge should this acquisition take place.

Other companies within the Top 10 have been involved in a great deal of activity in fiscal 2007. xwave, number two on the Top 10, was awarded contracts (as part of consortiums) to deploy provincial Electronic Health Record (EHR) components in New Brunswick and British Columbia. Nightingale Informatix, ranked number eight on the Top 10, won a number of sales in 2007 within Ontario, the Northwest Territories, Alberta and Saskatchewan, and has demonstrated a remarkable jump in revenues of 234.13 per cent from last year.


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