IT firms in US remain cautious on healthcare business

Trump administration still to give clarity on legislative reform, even after eight months of assuming office

As the Donald Trump administration remains indecisive on healthcare legislation even after eight months in power, IT services companies are cautious on growth from the healthcare segment. 

Trump has made repeated efforts to push for repeal or overhaul of the Affordable Care Act, or Obamacare,which offered health insurance benefits to millions of poor people. 

IT services major Accenture saw its H&PS segment reporting sluggish growth at a time when the company posted better results than the average overall industry growth. Accenture reported 8 per cent growth in revenue in the fourth quarter of (fiscal 2017) at $9.1 billion, while its H&PS segment