Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 04 2018

EXL Closes the Acquisition of SCIOInspire Holdings, Inc.

EXL funded the purchase with available cash on hand and borrowing from its credit facility.

EXL Closes the Acquisition of SCIOInspire Holdings, Inc.

Bolstering its Healthcare Analytics Practice Adding Leading Payment Integrity and Population Risk Management Capabilities EXLService Holdings, Inc. (NASDAQ: EXLS), a leading operations management and analytics company, announces that on July 1. It has closed the acquisition of SCIOInspire Holdings, Inc. ("SCIO"), a West Hartford Connecticut-based leading healthcare analytics solution and services company (doing business as SCIO Health Analytics). The aggregate merger consideration is $236.5 million, subject to certain post-closing adjustments.

Rohit Kapoor, EXL Vice Chairman and Chief Executive Officer stated, "This acquisition broadens and accelerates EXL's market-leading advanced analytics and healthcare capabilities which combine our data and domain expertise to provide healthcare organizations actionable insights, innovative solutions, optimal outcomes and reduce our client's total cost of care."

"SCIO adds important elements to EXL's healthcare growth strategy by complementing our capabilities to sell and deliver more complex clinical work and enlarge our payment integrity services with a focus on fraud, waste and abuse across healthcare payers, pharmacy benefit managers, healthcare providers and life sciences companies. The addition of SCIO's 1,100 employees to EXL's 2,000+ clinicians and 3,000+ data scientists worldwide significantly increases our ability to scale to meet the needs of our healthcare clients."

EXL funded the purchase with available cash on hand and borrowing from its credit facility.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Tea And Coffee Chain
    About: Zealong’s latest endeavour a Quick Service Restaurant, Chai Central! Chai..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Haryana
  • Juices / Smoothies / Dairy Parlors
    About Us: Rasna – Mocktail Bar is a revolutionary venue that’s..
    Locations looking for expansion Delhi
    Establishment year 1976
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Pizzeria
    About Us: Go69 is an Indian pizza Brand, which started its..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Lucknow Uttar Pardesh
  • Quick Service Restaurants
    About Us: The NO 1 tea cafe in Mumbai with 54..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Loha Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities