Navigation Links
Cashing in on IT for Healthcare

Chennai: Translating a healthcare presentation into Japanese for an American client who wants to show it in Tokyo in two days is a task not many can undertake. //And all this from Chennai too!

But a small company here, Helios & Matheson, is proving that it is possible. Specialising in providing software services to the healthcare sector, it is making ripples by delivering on the dot and raking in millions of dollars in profit.

Its range of offerings is one of the most comprehensive in the industry and spans the entire software services lifecycle.

The company even offers customised services for European clients with French language instruction from Alliance Francaise for employees and onsite recruitments for particular projects.

When the Thailand-based company Thai Carbon Black (TCB) required a technical process management system that could handle its voluminous process data in real time, it chose Helios & Matheson.

"We are a focused niche player and our clients include health insurance giants, pharma majors, healthcare providers and the like," G.K. Muralikrishna, CEO, Helios & Matheson (H&M), told IANS here.

"And our tasks and deadlines are often extremely challenging," he added.

The company is looking at offshore business to the tune of $120 million or more this year, Muralikrishna said, adding that revenue guidance for the financial year 2007 was $87.6 million.

Set up in 1991, H&M clients include KPMG Consulting, Florida, First Mortgage Corporation and others. It has become a National Stock Exchange-listed, Bombay Stock Exchange-500 index stock company with 1,400 specialists in its Chennai, Bangalore and Singapore facilities.

Its clients also include Wipro, Robert Bosch and the hospitality sector provider Intellec Data Systems and Software Ltd. and the net worth of the company is estimated to go up to Rs.2.57 billion.

A Gartner report says by 2009, the healthcare sector's investment in IT will increase by more than 50 percent, and H&M is cashing in on this projection. Early adoption of IT can reduce preventable deaths by as much as 50 percent, Gartner analysts say.

"More than 70 percent of large US corporations have ranked India as the primary country for supplying offshore IT services," Muralikrishna pointed out.

The healthcare sector is the single largest industry contributing to more than 15 percent of US GDP, he added. "Our focus is the healthcare sector and strengthening our presence in the US market."

"One of the biggest tasks for today's CEO is managing across borders," said H&M chairman V. Ramachandiran.

"Our global delivery model mandates a multi-cultural and multi-ethnic workforce. We believe that this initiative will be instrumental in making our employees become internationally focused and fluent, with the ability to understand the needs of local cohort groups, markets and clients," Ramachandiran told IANS.

So, H&M will continue to specialise in package implementation and remote tech support to outsourced research, he said.

It will strengthen its position in research-based content development for regulatory agencies and pharmaceutical companies, in image interpretation and data analysis services for clinical trials and pharmaceutical research enterprise, he said.



Source-IANS
'"/>




Related medicine news :

1. Ayurvedic Therapies Cashing In On Medical Tourism
2. Healthcare sector is now a multi billion-dollar industry in India
3. Iodex goes to SmithKline Beecham consumer Healthcare
4. Healthcare Professionals Might Want To Rethink Their Dress Code
5. New X-ray machine launched by GE Healthcare
6. Medical Fraternity Urged To Revamp Indian Healthcare
7. British Healthcare Mission Explores Partnership Possibilities With Indian Healthcare Sector
8. Need For Social Churning Emphasized In CMC Meet On ‘Leadership In Healthcare
9. LINK Applied Genomics Programme Promises To Revolutionize Healthcare Systems
10. India Can Manage World’s Healthcare Crisis By 202
11. Indian Healthcare Facilities Come In For Praise
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:10/13/2017)... ... 13, 2017 , ... The Visiting Nurse Association (VNA) of Somerset Hills is ... vendors and unique items from across the nation, this holiday-themed event will raise funds ... by the VNA. The boutique will be open Saturday, November 4 (10:00 a.m. ...
(Date:10/13/2017)... ... 2017 , ... Coveros, a leader in agile coaching services ... by the Center for Medicare and Medicaid Services (CMS). The Enterprise Agile Transformation ... Agile methodologies in a consistent and high value manner across CMS programs. Coveros ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the ... today its plans to open a flagship location in Covington, LA at 401 N. ... To Go store next to Office Depot in the Holiday Square shopping center. Its ...
(Date:10/12/2017)... ... October 12, 2017 , ... Information about the technology: ... develop to enable prevention of a major side effect of chemotherapy in children. ... pediatric patients. For cisplatin, hearing loss is FDA listed on-label as a dose ...
(Date:10/12/2017)... ... October 12, 2017 , ... Women-owned and Grand Rapids-based ... and Brightest in Wellness® by Best and Brightest. OnSite Wellness will be honored ... 20 from 7:30 a.m. to 2 p.m. at the Henry Autograph Collection Hotel, ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)... , Sept. 25, 2017  EpiVax, Inc., a ... design, and immune-engineering today announced the launch of ... development of personalized therapeutic cancer vaccines. EpiVax has ... exclusive access to enabling technologies to the new ... will lead EpiVax Oncology as Chief Executive Officer. ...
(Date:9/22/2017)... -- As the latest Obamacare repeal effort moves is debated, ... and Lindsey Graham (R-SC) medical device market ... is in an odd place.  The industry wants repeal ... on medical device sales passed along with the Affordable ... visits and hospital customers with the funding to invest ...
(Date:9/19/2017)... 19, 2017 HistoSonics, Inc., a venture-backed medical device company developing a non-invasive, robotically ... announced three leadership team developments today:   ... ... Tom ... Veteran medical device executive Josh Stopek , PhD, who ...
Breaking Medicine Technology: