Market Overview

CitiusTech Makes Strategic Investment in FluidEdge Consulting, Expands Healthcare Consulting Services


CitiusTech, a leading provider of healthcare technology solutions and
services, announced today that it has made a strategic investment in
FluidEdge Consulting (FluidEdge), a national healthcare management
consulting company headquartered in Philadelphia, PA.

FluidEdge focuses its capabilities within the operations and IT areas of
health plan, life sciences and provider organizations. The organization
has an experienced team of healthcare technology and management
consulting professionals with deep expertise in business, operations,
and technology, along with a strong understanding of emerging trends in
value-based care.

"FluidEdge has excellent business and technology consulting
capabilities. Our partnership with FluidEdge enables us to strategically
engage with healthcare customers, leverage technology to define
enterprise solutions, and build and deploy these solutions to drive
business performance," said Rizwan Koita, Chief Executive Officer of

CitiusTech has successfully developed deep and long-term relationships
with leading healthcare organizations and technology companies. The
company reached over $130 million in revenue in 2017 with a CAGR of over
30 percent over the last five years, through a mix of healthcare
technology services and platforms. CitiusTech was ranked in the 2018 Healthcare
(HCI) 100 list, putting it among the top 100 companies
in the U.S. healthcare industry for the third consecutive year.

"We are excited to partner with CitiusTech. CitiusTech's sizeable
industry presence and strong technology team complement our core
competencies and give us the ability to compete effectively on larger
contracts and derive significant cost advantages. We also anticipate
multiple opportunities to jointly develop world-class solutions to
address complex industry needs. We are looking forward to this
partnership," says Shawn Archambault, President of FluidEdge.

About CitiusTech

CitiusTech (
is a specialist provider of healthcare technology services and solutions
to medical technology companies, providers, payers and life sciences
organizations, with over 3,000 professionals worldwide. CitiusTech's
services and solutions include healthcare software development,
healthcare interoperability, regulatory compliance, BI/analytics,
consumer engagement, care coordination and population health management.
CitiusTech helps customers accelerate innovation in healthcare through
solutions and accelerators for clinical quality reporting, healthcare
big data, cloud computing, mobile health and predictive analytics. With
cutting-edge technology expertise, world-class service quality and a
global resource base, CitiusTech consistently delivers best-in-class
solutions and an unmatched cost advantage to healthcare clients

About FluidEdge Consulting

For over a decade, FluidEdge Consulting (
has provided healthcare organizations with comprehensive consulting
solutions by integrating their business needs, corporate goals, industry
trends and information technology. With a team of over 120
professionals, FluidEdge Consulting provides strategic planning,
implementation services, program and project management and business
transformation services to healthcare organizations, which include
health plans, life sciences companies, large provider systems, and
healthcare technology firms. FluidEdge has been ranked in the Inc5000 as
one of the fastest growing private companies in the United States for
six consecutive years.

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