Access Healthcare acquires Noida-based Pacific BPO

Image
Press Trust of India New Delhi
Last Updated : Aug 31 2018 | 10:00 PM IST

Don't want to miss the best from Business Standard?

Healthcare BPO services provider Access Healthcare today said it has acquired Noida-based Pacific BPO for an undisclosed amount.

The transaction will see Pacific BPO's 2,100 employees becoming a part of Access Healthcare, making the combined entity one of the largest healthcare outsourcing companies with over 11,000 employees, Access Healthcare said in a statement.

The operations will now span 19 delivery centres across the US, India, and the Philippines, it added.

While the company did not disclose the financial details, industry watchers estimate the deal to be worth about USD 20-25 million.

Headquartered in Noida, India, Pacific BPO was founded in 2010. Its client base includes hospitals, physician practices, and revenue cycle intermediaries.

"With the addition of hospital inpatient revenue cycle management capabilities that Pacific BPO brings, we have significantly increased the breadth of healthcare customers in our portfolio," Access Healthcare Chairman Anurag Jain said.

He added that the acquisition is about achieving scale and leveraging shared values.

Post the integration with Access Healthcare, Pacific CEO Kumar Shwetabh will become part of the executive leadership team of Access Healthcare as President of the hospital business.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 31 2018 | 10:00 PM IST

Next Story