About CareTech Solutions
CareTech Solutions is a Healthcare company based in Troy (United States) founded in 1998, and was acquired by HTC Global Services in December 2014. Suite of IT services, web products and document management solutions for U.S. hospitals and health systems. The company has 236 employees. Its Indian entity Caretech Solutions (India) Private Limited reported revenue of ₹32.22 Cr. CareTech Solutions offers products and services including Contact Center Services, Cloud Services, and Application Development. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Carta Healthcare, Verana Health and Clearsense; 3 of its 3 listed competitors have raised funding.
Company details
CareTech Solutions offers suite of IT services, web products and document management solutions for U.S. hospitals and health systems. Solutions include proprietary products - Cablecare, a suite solution; BoardNet and Careworks content-management-systems and iDoc solutions for document management. Received Best in KLAS award for IT Outsourcing (Extensive) in 2008, 2009, 2010, 2011, 2013 and 2014; and the 2012 and 2013 IT Partial Outsourcing Award. Acquired IGCN in November, 2009. CareTech Solutions is a Health IT subsidiary of HTC Global Services.
- Headquarters Troy, United States
- Employees 236
- Stage Acquired
- SectorsHealthcare
- Website caretech.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by HTC Global Services (Dec 2014)
- Legal Name Caretech Solutions (India) Private Limited
- Date of Incorporation 21 Aug, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹32.22 Cr
FY 2025 · -1% YoY
- Indian entity net profit₹3.20 Cr
FY 2025 · 10% margin
- Indian entity EBITDA₹4.26 Cr
FY 2025 · 13% margin
- Investors
- Employee Count236
- Acquired byHTC Global Services
(Dec 2014)
Associated legal entities of CareTech Solutions
CareTech Solutions operates through Caretech Solutions (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Caretech Solutions (India) Private Limited CIN U72900TN2015PTC101920 | Active | 21 Aug 2015 | Chennai, Tamil Nadu | ₹32.2 Cr | 236 | 2 | View details |
Products & Services of CareTech Solutions
CareTech Solutions offers a comprehensive portfolio of products and services, including Contact Center Services, Cloud Services, and Application Development.
Delivers omnichannel support for quick customer resolutions and business growth.
Provides secure cloud solutions for data management and operational efficiency.
Offers agile development and maintenance for enterprise applications and modernization.
Apps and channels of CareTech Solutions
its YouTube channel HTC Global Services has 546 subscribers and 30 videos.
Videos from CareTech Solutions
The most watched videos on CareTech Solutions's YouTube channel, HTC Global Services (546 subscribers). Click a video to play it here.
More on HTC Global Services.
Investors in CareTech Solutions
CareTech Solutions has secured backing from 1 investor. Prominent investors backing the company include HTC Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
HTC Industries is recognized for providing enterprise AI and digital transformation solutions. | htcinc.com | Troy, United States |
Investor details for CareTech Solutions
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Verified entity values are shown only after access is granted.
Board of directors of Caretech Solutions (India) Private Limited (CareTech Solutions)
Caretech Solutions (India) Private Limited is the primary company behind CareTech Solutions. The board of Caretech Solutions (India) Private Limited currently have 2 directors; the longest-serving is Bhaskar Rao Ramineni, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhaskar Rao Ramineni DIN 00118304 | Director | 21 Aug 2015 | 11 yrs 2 mo | Caretech Solutions (India) Private Limited |
| Narasimhacharya Venkata Mudumby DIN 00361848 | Director | 13 Sep 2023 | 3 yrs 1 mo | Caretech Solutions (India) Private Limited |
People of CareTech Solutions
439 people are tracked at CareTech Solutions (80 in leadership, 359 in team); the tracked headcount is 236.
| Name | Role | Group |
|---|---|---|
Romit Gupta | Senior Vice President And Practice Head | Leadership |
Sandra Marshall | Senior Director, Healthcare Domain | Leadership |
Madhava Reddy | Founder & CEO | Leadership |
Mrutunjay Sabarad | Associate Vice President, Sales And Client Relationship | Leadership |
Ragotham Venkatnarayan | Vice President - Strategic Accounts BU | Leadership |
Ravi R Nair | SVP, Head of ROW BU | Leadership |
Nishi Jadhav | Director | Cloud And Infrastructure Practice | Leadership |
Sriram Giri | Associate Director Of Sales | Leadership |
Chary Mudumby | CTO | Leadership |
Annie Freeman | Director | Leadership |
Prasad Rlv | Senior Director - Talent Acquisition | Leadership |
Gunasekaran Nadar | Head of Transformation Office | Leadership |
Tara Smith | National Director Of Recruitment - Talent Acquisition North America | Leadership |
Sukumar Janarthanan | Associate Director - Workforce Management | Leadership |
Aditya Kapoor | Sr Director, End User Services | Leadership |
Shailaja Naik | Director - Talent Acquisition | Leadership |
Vijayabaskar Rajendran | Director Talent Acquisition | Leadership |
Ramu Para | Director - Cybersecurity | Leadership |
Bharath Devanathan | Vice President, Emerging Technologies | Leadership |
Jim Outwater | Principal Architect & Practice Director For Salesforce & Data Services | Leadership |
419 more people are available in the full profile.
Complete people profiles for CareTech Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of CareTech Solutions
Figures of Caretech Solutions (India) Private Limited, the primary company behind CareTech Solutions, for FY 2025. Revenue was ₹32.22 Cr (-1% year on year). Net profit was ₹3.20 Cr (10% margin). EBITDA was ₹4.26 Cr (13% margin). Revenue has grown at a compounded annual rate of -8% over three years and -2% over five years.
- ₹32.22 CrRevenue · FY 2025 · -1% YoY
- ₹3.20 CrNet profit · 10% margin
- ₹4.26 CrEBITDA · 13% margin
- ₹4.80 CrPaid-up capital
- 236Employees (provident fund records)
- -8%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Caretech Solutions (India) Private Limited are on its company page.
Detailed financial statements for CareTech Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of CareTech Solutions
2 dated milestones of CareTech Solutions across 16 years, from founding to its latest funding, stage changes and deals.
- Founded CareTech Solutions is founded.
- Exit Acquired by HTC Global Services.
Competitors of CareTech Solutions
CareTech Solutions has 3 listed competitors in our database, 3 of them funded. They include Carta Healthcare, Verana Health and Clearsense.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carta.healthcare | 2017 | San Mateo, United States | $80.55M | 57 | AI-driven clinical data management tools are offered to healthcare providers. | |
| veranahealth.com | 2011 | San Francisco, United States | $287.8M | Verana Health is focused on real-world data analytics in healthcare. | ||
| clearsense.com | 2015 | Jacksonville, United States | $123.93M | Healthcare analytics platforms and applications are developed for clinicians. |
Detailed competitors of CareTech Solutions
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Verified entity values are shown only after access is granted.
Web traffic of CareTech Solutions
Websites that share an audience with CareTech Solutions (caretech.com).
Websites whose visitors overlap most with CareTech Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| caretech-uk.com | 100% | 30.3K | #924,822 | View details | |
| caretechsys.com | 99% | View details | |||
| caretechinc.com | 78% | #2,494,410 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as CareTech Solutions (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Caretech Solutions
Complete news archive for CareTech Solutions
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Verified entity values are shown only after access is granted.
Frequently Asked Questions about CareTech Solutions
CareTech Solutions was founded in 1998.
CareTech Solutions is headquartered in Troy, United States.
CareTech Solutions has 236 employees.
The primary company behind CareTech Solutions, Caretech Solutions (India) Private Limited, reported revenue of ₹32.22 Cr for FY 2025, down 1% year on year.
CareTech Solutions offers suite of IT services, web products and document management solutions for U.S. hospitals and health systems. Solutions include proprietary products - Cablecare, a suite solution; BoardNet and Careworks content-management-systems and iDoc solutions for document management. Received Best in KLAS award for IT Outsourcing (Extensive) in 2008, 2009, 2010, 2011, 2013 and 2014; and the 2012 and 2013 IT Partial Outsourcing Award. Acquired IGCN in November, 2009. CareTech Solutions is a Health IT subsidiary of HTC Global Services.
CareTech Solutions's top competitors include Carta Healthcare, Verana Health and Clearsense.
CareTech Solutions offers Contact Center Services, Cloud Services, and Application Development.
CareTech Solutions has 1 investor. Key investors include HTC Industries.
CareTech Solutions operates through Caretech Solutions (India) Private Limited.
Yes. CareTech Solutions was acquired by HTC Global Services in December 2014.
The legal entities of CareTech Solutions currently have 2 directors, including Narasimhacharya Venkata Mudumby, Bhaskar Rao Ramineni.