CareTech Solutions Names Robert M. Johnson as Chief Financial Officer

TROY, Mich. -- (BUSINESS WIRE) -- CareTech Solutions, an information technology (IT) and Web products and services company for more than 200 U.S. hospitals, announced today the appointment of Robert M. Johnson as Chief Financial Officer.

"I am delighted to have Robert join the CareTech Solutions team," said Jim Giordano, president and CEO, CareTech Solutions. "He brings a wealth of strategic financial experience to our organization at a pivotal time in the company's history. His expertise in public accounting, and as a Controller and Chief Financial Officer in competitive and challenging corporate environments, will be a great asset to CareTech as it continues to experience significant growth.”

Johnson has more than 25 years of financial management and leadership experience including general accounting, financial planning, costing and pricing, treasury management, and work in acquisition and divestiture transactions. He was most recently the Chief Financial Officer for Palace Sports & Entertainment, where he was responsible for all financial, information technology, and retail functions at the enterprise, and was integral in the sale of the Detroit Pistons Basketball franchise in 2011.

Johnson received a Bachelor of Accountancy and Masters of Finance from Walsh College. He is a Certified Public Accountant in the State of Michigan and a member of the Board of the Michigan Association of Certified Public Accountants (MACPA).

About CareTech Solutions

CareTech Solutions is an information technology and Web products and services provider for more than 200 U.S. hospitals and health systems, creating value for clients through customized IT solutions that contribute to improving patient care while lowering healthcare costs. From implementing emerging technologies to supporting day-to-day IT operations, CareTech offers clients expert health information technology services earning it the 2008, 2009, 2010, and 2011 Best in KLAS award for IT Outsourcing (Extensive) as ranked by healthcare executives and professionals in the ”2011 Best in KLAS Awards: Software & Services” report.

For more information, please visit www.caretech.com.

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