It seems health care outsourcing is taking its shape in quite serious way. There has been positive reports on the sector but mostly not the biggest names have ventured into it. Now, that India's one of the health care supremes has acquired Zavata Inc, an Atlanta-based business process outsourcing (BPO) unit for $170 million, in the days to come we will surely see lot many other players are venturing into it. Some traditional (in outsourcing) and some non-traditional.
"The Zavata acquisition will enable us to enhance offerings to our customer base and aid in increasing client base. With this acquisition, we will be able to position ourselves as one of the biggest global healthcare outsourcing companies,” Prathap C Reddy, chairman, AHG said.
The acquisition, the fourth for AHS, will be funded by raising a debt of $135 million from Bank of India and Barclays Capital. AHG, which held 47% in AHS pre-merger, has invested around $25 million to retain the same holding in the merged entity.
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