Ajuba plans to invest $5m in India, add 700 workers

Tags: Ajuba, India, Workers, BPO
HEALTHCARE BPO Ajuba Solutions projects is close to 25 per cent revenue growth over

RELATED ARTICLES

the next three years. The company that was dormant with muted growth of 7 per cent to 8 per cent over the last couple of financial years has revived itself post the change in senior management.

Tony Mira, CEO of Ajuba said, “Apart from the internal change, we are also confident of growth opportunities boosted by Barack Obama's 2010 healthcare reforms in USA. Over the last five years, we have invested about $5 million in technology alone, which has strengthened our position to offer services including electronic medical records to US hospitals. Moreover, we will be investing about $5 million in India for an additional facility within the next four months. Ajuba will add close to 700 people in the short-term.“

According to research firm ValueNotes, the implementation and maintenance of EMR/EHR systems (electronic medical record/electronic health record) alone is a global $20-billion opportunity. The firm estimates the revenue cycle management (RCM, the largest revenue contributor in the healthcare vertical) outsourcing market in India to be about $410 million. The US healthcare industry spends $150 billion a year on revenue and payment activities.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Government must exercise hard options to recover cash hoard

    The white paper on black money comes at an appropriate time, although the issue is old.

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Making money come rain or shine

In the games of cricket and musical chairs, timing makes ...

Rajgopal Nidamboor

The right and left of creative poise

There is a fascinating dictum that exemplifies an intriguing simile ...

Jhupu Adhikari

From London to India: Journey of Kalighat paintings

This week’s column focuses on the magnificent exhibition of Kalighat ...