NIIT Technologies acquires IP assets for foray into Healthcare segment

NIIT Technologies Limited, a leading IT solutions organization has acquired an electronic health records and referral management platform to initiate its foray into the lucrative healthcare segment in the US. The platform called “Preferr” (Patient Referral System)” enables seamless collaboration between all providers namely physicians, hospitals, diagnostic facilities, and laboratories.

The US Government through American Recovery and Reinvestment Bill of 2009 (ARRA), has mandated  physicians to focus on providing better patient care through Electronic Health Record (EHR) sharing amongst hospitals and other specialists. “Preferr” improves continuity and quality of care for the patient and improves operational efficiencies for all practices. 

“The acquisition of “Preferr” is our first step to provide solutions in Healthcare IT”, said Mr. Arvind Thakur, CEO, NIIT Technologies Ltd. “The platform enables providers to meet federal guidelines for Electronics Health Record meaningful use criteria and will enable us to establish our presence in the Healthcare arena” added Mr. Thakur

Top analysts like Gartner put the size of the IT spending by Healthcare providers at $85 billion in 2010 A substantial portion of this spend will be towards EHR/EMR solutions adoption by Providers, which will further accelerate due to the time-based incentives provided by the Government’s reforms in US.

“Preferr” was introduced as a white labeled solution by NIIT Technologies prior to acquiring the IP and has since been adopted by a number of Healthcare providers in Central Florida as a tool to manage patient referrals and information exchange between physicians, hospitals, outpatient facilities, and laboratories. 

“The platform is an innovative SaaS-based IP that collaborates between various care entities by enhancing the portability, re-usability, integrity and history of health records”, said Mr. Dhamu Narayanan, Head of the recently formed Healthcare Practice at NIIT Technologies. “Being a SaaS-based platform, it operates on the cloud whereby in addition to ease in collaboration, it also is green-IT initiatives that will help Healthcare providers reduce their carbon footprint”.

About NIIT Technologies
NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Asia and Australia. It offers services in Application Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and Business Process Outsourcing to organizations in select industry segments.

For further information, please visit www.niit-tech.com  

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Certain statements in this release are forward-looking statements. The business involves various risks, and uncertainties that could result in the actual results to differ materially from those indicated here. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.