 "WNS Q2 net drops 18% at $12.6 mn y-o-y")
Nasdaq-listed business process management firm WNS has acquired HealthHelp to enhance its services in the healthcare segment.
The company will pay Rs 632 crore ($95 million) to buy Texas-based HealthHelp, which provides benefits management across specialty healthcare areas like radiology, cardiology, oncology, sleep Care, orthopedics, and pain management.
Nearly 88 per cent of the transaction amount for this deal was funded by a long-term debt, said a company spokesperson. HealthHelp deal is likely to contribute nearly $2.3 million in revenue for the company in the current fiscal ending March 31, 2017. WNS had a cash pile worth nearly Rs 1000 crore ($150
