US-based Miramed to launch services in India

US-based healthcare IT services firm Miramed Global Services is evaluating plans to launch its services in India. The company's wholly- owned subsidiary Ajuba Solutions India Pvt Ltd has been in India for the past 15 years doing the back-end jobs for the US healthcare sector, the parent company has no presence in India.

It is looking at offering its electronic medical record service to Indian hospitals, including corporate hospitals like Apollo Hospitals and Fortis Healthcare. "Hope we will start having some conversation with these companies. We are just tip-toeing into the Indian market," said Tony Mira, founder and group CEO of Ajuba Solutions India Pvt Ltd. The company claims it would have a competitive advantage in the Indian market, considering its experience and expertise in the healthcare segment in the US market.

The US-based firm is in the final stage of acquiring the company in US, for around $50 million, which is expected to be completed by the weekend. However, he refused to reveal the name of company which is being acquired, stating that an announcement in this regard is expected within days. The target company is of around $45-50 million revenue.

"What we have can also act as a plug in to the existing EMR the hospitals have, which can provide better data, especially on the operating rooms. Its services will bring in more clarity to the data, more analysis, more value relating to the productivity of the doctors and employees in the operating room," he added. He said that the company is expected to start serving some of the Indian customers in next 12-24 months.

The company would also look at starting tele-medicine services, connecting nurses in US and India, which could be floated in next 12-18 months.

It is also keen on working with some of the start ups in the healthcare sector, such as wearables which could capture and monitor almost six pieces of information from human body, said Mira.

Ajuba Solutions, which has opened a new facility in Chennai, which is its headquarters, is expected to add another 500 members to the existing 3,300 employees, in the next few months.