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COMPUTER TASK GROUP, INCORPORATED

(CTG)
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CTG Commences Work on Multi-Million Dollar Go-Live Project for Leading U.S. Medical Center

10/26/2021 | 06:55am EST

CTG announced the Company has begun work on a previously secured multi-million dollar contract with a large regional healthcare system client to manage the go-live and provide associated training for a major Epic implementation. The implementation is anticipated to go-live in December 2021. This enterprise-wide go-live implementation on Epic?s Enterprise Electronic Health Record (EHR) system will cover more than 10,000 estimated end users, including thousands of providers, with all sites and modules to simultaneously become live. As part of the contracted project, CTG will provide advisory, planning and support services for Epic classroom training, activation, and go-live support as well as end-to-end logistics strategy, management and execution. The associated support and training will be provided on-site as well as remotely to enable a seamless transition. With proven processes and proprietary tools, CTG has assembled and will facilitate a combination of internal and external expert resources comprised of a significant number of Epic super users, credentialed trainers, consultants and classroom support staff. CTG?s Innovative Tools and Methodologies: The successful management of large implementation projects require the ability to exercise real-time control and communications across a wide geographic footprint. CTG has a combination of proven processes and digital tools to engage, schedule and manage resources to ensure effective and on-time go-live projects. CTG?s proprietary tools include: Staff Onboarding and Communications Tool ? smart app utilized by the CTG Activation Team to facilitate constant communication and maintain real-time status of all project staff throughout the onboarding process. Team Scheduling Tool ? a digital, customizable application designed specifically to navigate the nuances and complexity of the healthcare industry. App readily addresses the dynamic nature of go-live scheduling, with predictive cost management and real-time reporting that enables immediate redeployment of critical resources. Adoption Intelligence Reporting Tool (AIRT) ? delivers actionable data from every area within the organization, ensuring clients have the field intelligence to make fully informed and timely decisions, while also avoiding staffing constraints to achieve results that are both on-time and on budget. In addition, CTG is currently providing 24/7 legacy application management and support managed services to the client for a series of clinical and ancillary applications and systems. This legacy support ensures that the client?s principal IT focus can remain focused on the larger and more complex Epic implementation project.


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Financials (USD)
Sales 2021 393 M - -
Net income 2021 7,32 M - -
Net Debt 2021 - - -
P/E ratio 2021 16,5x
Yield 2021 -
Capitalization 124 M 124 M -
Capi. / Sales 2021 0,32x
Capi. / Sales 2022 0,31x
Nbr of Employees 3 600
Free-Float 47,1%
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Number of Analysts 0
Last Close Price 8,10 $
Average target price 14,00 $
Spread / Average Target 72,8%
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Managers and Directors
Filip J. L. Gydé President, Chief Executive Officer & Director
John M. Laubacker Chief Financial Officer, Treasurer & Executive VP
James Relerford Helvey Chairman
David H. Klein Independent Director
Valerie Rahmani Independent Director
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