Consulting and IT services firm Silverline Technologies has acquired 15% stake in a North American Firm specializing in healthcare change and performance management.
Ravi Subramanian, chairman of the Board, said, “This investment is a highly significant step towards the company`s plans to be a focused leader in specific industry verticals. “
“This investment is in line with building the technology-enabled service management optimization (TESMO) focused solutions set. It brings in an innovative, patent-pending solution to the practice aimed to deliver major value to adopting hospitals, and to the insurance companies and governments which fund health care. It adds a brand-new third layer to hospital clinical-financial management and sits on top of the first layer of clinical records and financial-accounting systems, and the second layer of patient-cost-accounting systems“, said Titus Sequeira, executive director and chief strategy officer.
The company said it would spell out complete details on the initiative over the next few weeks. The company would leverage its global facilities in Canada, USA, India and potentially Mexico to build on these initiatives.
Source: My Iris