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Cognizant to buy TMG Health, inks multi-year pact with HCSC

Press Trust of India  |  New Delhi 

IT services firm today said it will purchase Health Care Service Corporation's (HCSC) subsidiary TMG Health for an undisclosed amount.

The will strengthen Cognizant's offerings in the and public health space.



"TMG Health will (now) enter into a new, expanded multi- year service agreement to continue providing IT, business process and other services to HCSC's various operating units and subsidiaries," said in a statement.

The is expected to close in the third quarter of 2017, it added.

No financial details were disclosed.

TMG Health, an HCSC subsidiary since 2008, has offices in Pennsylvania and Texas. It is a provider of services to various medical support programmes in the US.

"business lines are expanding, and more payers, big and small, are entering the market. We believe there is a growing opportunity," TMG Health President and CEO Susan Rawlings Molina said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Cognizant to buy TMG Health, inks multi-year pact with HCSC

IT services firm Cognizant today said it will purchase Health Care Service Corporation's (HCSC) subsidiary TMG Health for an undisclosed amount. The transaction will strengthen Cognizant's offerings in the government and public health space. "TMG Health will (now) enter into a new, expanded multi- year service agreement to continue providing IT, business process and other services to HCSC's various operating units and subsidiaries," Cognizant said in a statement. The transaction is expected to close in the third quarter of 2017, it added. No financial details were disclosed. TMG Health, an HCSC subsidiary since 2008, has offices in Pennsylvania and Texas. It is a provider of BPO services to various medical support programmes in the US. "Government business lines are expanding, and more payers, big and small, are entering the market. We believe there is a growing opportunity," TMG Health President and CEO Susan Rawlings Molina said. IT services firm today said it will purchase Health Care Service Corporation's (HCSC) subsidiary TMG Health for an undisclosed amount.

The will strengthen Cognizant's offerings in the and public health space.

"TMG Health will (now) enter into a new, expanded multi- year service agreement to continue providing IT, business process and other services to HCSC's various operating units and subsidiaries," said in a statement.

The is expected to close in the third quarter of 2017, it added.

No financial details were disclosed.

TMG Health, an HCSC subsidiary since 2008, has offices in Pennsylvania and Texas. It is a provider of services to various medical support programmes in the US.

"business lines are expanding, and more payers, big and small, are entering the market. We believe there is a growing opportunity," TMG Health President and CEO Susan Rawlings Molina said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Cognizant to buy TMG Health, inks multi-year pact with HCSC

IT services firm today said it will purchase Health Care Service Corporation's (HCSC) subsidiary TMG Health for an undisclosed amount.

The will strengthen Cognizant's offerings in the and public health space.

"TMG Health will (now) enter into a new, expanded multi- year service agreement to continue providing IT, business process and other services to HCSC's various operating units and subsidiaries," said in a statement.

The is expected to close in the third quarter of 2017, it added.

No financial details were disclosed.

TMG Health, an HCSC subsidiary since 2008, has offices in Pennsylvania and Texas. It is a provider of services to various medical support programmes in the US.

"business lines are expanding, and more payers, big and small, are entering the market. We believe there is a growing opportunity," TMG Health President and CEO Susan Rawlings Molina said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22