8KMiles Software Services, a leading global cloud computing company, today announced the acquisition of SERJ Solutions, a provider of innovative Epic EHR consulting, custom application development, and support solutions for the Healthcare market. This move solidifies 8K Miles' goal to offer a unique and differentiated cloud-managed solution to the Healthcare sector. By leveraging its expertise in cloud solutions, 8K Miles hopes to help hospitals and healthcare providers by providing the industry's first truly end to end Software as a Service (SaaS) technology platform.
Recognizing the transformation that the Healthcare sector is undergoing and the desire for healthcare providers to find new and innovative ways to drive down the costs of care delivery across the entire care continuum, this acquisition will enable 8K Miles to combine its deep Healthcare domain experience with its cloud solutions, Big Data analytics, cloud security framework as well as identity management services.
''By taking advantage of our expertise in cloud technology and information security, and combining that with deep healthcare domain expertise, this acquisition will allow us to create a compelling suite of cost effective hosted SaaS solutions that healthcare providers can deploy. This will enable organizations to dramatically improve operating margins in a short period of time, and use scarce capital to focus on patient care,'' said Suresh Venkatachari, chairman and CEO of 8K Miles Software Services.
''8K Miles is planning to invest substantially in building secure healthcare cloud solutions, with EHR market knowledge and implementation experience. It will create a clear differentiator in the market place to serve hospitals and healthcare providers'', said Shibu Kizhakeveilayil, new President of SERJ.
Shares of the company gained Rs 56.85, or 9.99%, to trade at Rs 625.65. The total volume of shares traded was 55,581 at the BSE (10.18 a.m., Thursday).