May 24, 2017

West Hartford's SCIO Health Analytics' $68.3M in revenue earns it top 100 ranking

West Hartford-based SCIO Health Analytics posted $68.3 million in revenue last year, placing it for the first time among the top 100 vendors with the highest revenues derived from healthcare IT products and services, according to an annual magazine ranking.

SCIO ranked No. 98 on the Healthcare Informatics 100 list, which is based on revenues earned in the U.S. from the most recent fiscal year. The magazine has compiled the list for more than 20 years.

In a Greater Hartford Health story earlier this year, SCIO CEO Siva Namasivayam said SCIO plans to do about $80 million in revenue this year and hopes to reach $100 million in the next year. It has an aggressive target of $200 million in 2020.

SCIO, pronounced "See-oh" and Latin for to know and understand, helps insurers, hospital systems and life sciences companies like pharmaceuticals, collect and analyze data and offer recommendations to improve return on investment.

Free E-Newsletters

Sign up now for our daily and weekly
e-newsletters! Click Here

Today's Poll Should CT allow a third casino?<>
Most Popular on Facebook
Copyright 2017 New England Business Media