Press Releases
CBay Systems and Services Inc. Chairman Raman Kumar Named Ernst & Young Entrepreneur Of The YearŽ 2007 Award Winner in Maryland
Award Recognizes Entrepreneurial Excellence in Business Services Category
Baltimore, MD — June 28, 2007 — CBay Systems and Services Inc., today announced that V. Raman Kumar received the Ernst & Young Entrepreneur Of The Year® 2007 Award in the Health Care Services category in Maryland. According to Ernst & Young, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Kumar was selected by an independent panel of judges and the award was presented at an Ernst & Young Entrepreneur Of The Year gala event at the Hyatt Regency Baltimore on June 28th.
“It is a great honor to be recognized by Ernst & Young for our success and commitment to improving the business efficiencies in the health care community through use of technology and services,” opined Raman Kumar.
The Ernst & Young Entrepreneur Of The Year awards program celebrates its 21st anniversary this year and continues to honor entrepreneurs who have demonstrated excellence in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
“Ernst & Young is honored to recognize extraordinary business leaders, such as V. Raman Kumar, and the companies they have built,” said David Jones, Ernst & Young Entrepreneur Of The Year program director for Maryland.
As a Maryland award winner, Kumar is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2007 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 17, 2007. The national Entrepreneur Of The Year celebration is part of Ernst & Young’s Strategic Growth Forum. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The
Year Awards are pleased to have Bank of America as the national presenting
sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation
as national sponsors.
In Maryland local sponsors include Clifton Gunderson LLP, DLA Piper US LLP, The Mergis Group, Baltimore SmartCEO, and the Baltimore Business Journal.
About CBay Systems and Services Inc.
CBaySystems and Services Inc’s parent, CBaySystems Holdings [AIM:
CBAY], is a leading provider of healthcare technology and business process
outsourcing (BPO) services and the largest global provider of transcription
services to the healthcare industry. CBay delivers fully integrated
transcription, patient financial services and technology enabled business
solutions that improve processes, lower costs, and ultimately help hospitals
and physicians to provide superior patient care. Using HIPAA-compliant
web-based technologies, CBay's more than 5,000 highly credentialed medical
language specialists and customer service professionals deliver the
highest quality medical documentation to thousands of clients.
Since 1998, CBay has been serving major health systems, hospitals, clinics, and physician practices 24 hours a day, 365 days a year — always with a commitment to the highest standards of quality and customer service. The company has been acknowledged by some of the industry’s leading publications and ratings institutions, including Forbes.com — Ten to Watch, Healthcare Informatics 100, Deloitte Technology Fast 500, and Inc. Magazine. CBay is headquartered in Annapolis, Maryland. For more information, visit www.cbaysystems.com.
About the Ernst & Young Entrepreneur Of The Year Awards
The Entrepreneur Of The Year? awards program was created and is produced
by professional services firm Ernst & Young LLP. As the first award
of its kind, the Ernst & Young Entrepreneur Of The Year? Award recognizes
outstanding entrepreneurs who are building and leading dynamic and growing
businesses. The program, which celebrated its 20th anniversary in 2006,
honors entrepreneurs through regional, national and global award programs
in over 125 cities and 40 countries.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed
to enhancing the public’s trust in professional services firms
and in the quality of financial reporting. Its 114,000 people in 140
countries pursue the highest levels of integrity, quality, and professionalism
in providing a range of sophisticated services centered on our core
competencies of auditing, accounting, tax, and transactions. Further
information about Ernst & Young and its approach to a variety of
business issues can be found at www.ey.com/perspectives. Ernst &
Young refers to the global organization of member firms of Ernst &
Young Global Limited, a U.K. company limited by guarantee, each of which
is a separate legal entity. Ernst & Young Global Limited does not
provide services to clients. Ernst & Young LLP is a U.S. client-serving
member firm of Ernst & Young Global Limited.
For additional information contact:
Stacey Cassidy
Director of Marketing, CBaySystems, Inc.
Tel: 866.295.4600 x3195
scassidy@cbaysystems.com