Business Standard

Firstsource Solutions gains 5% on acquisition of PatientMatters

The management said this strategic acquisition magnifies strong patient-centric revenue management capabilities and creates adjacent areas for growth for the company

market, markets, stock market, stock, stocks rise, stock rally
Premium

SI Reporter Mumbai
Shares of Firstsource Solutions traded 5 per cent higher at Rs 79 on the BSE on Wednesday after the company announced that the firm has acquired PatientMatters, a healthcare Revenue Cycle Management (RCM) solutions provider. On Tuesday, Firstsource's stock had recovered 19 per cent from its intra-day low of Rs 66.50 on the BSE. It hit a 52-week high of Rs 81.75, on December 17, 2020.

Firstsource Solutions, a RP-Sanjiv Goenka Group company, is a global provider of Business Process Management (BPM) services.

PatientMatters unifies disparate registration, bill estimation, and financial services with intelligent workflows and eligibility services,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 23 2020 | 9:36 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com