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11-Dec2012

Apollo Hospitals Enterprise inks definitive agreement with Sutherland Global Services

Apollo Hospitals Enterprise has signed a definitive agreement with the Sutherland Global Services, a global provider of business process and technology management services, to enable Sutherland Global Services acquire 100% of the shares of Apollo Health Street, a leading provider of heath business services and world - class Heath Information Technology (HIT) based solutions .AHS is an associate Company of Apollo Hospitals Enterprise. The transaction is expected to close by February 2013 subject to customary regulatory and other conditions.

This acquisition will position the combined organization as a leading Healthcare services provider with comprehensive information  technology and business process integrated solution and consolidates its presence as a dominated player in the $38 Billion US Heath care business process out souring (BPO) . This also fosters Apollo Hospitals' strategic intent of focusing and growing its core healthcare delivery services.

Established in 1986, Sutherland offers an integrated portfolio of analytics - driven back - office and customer facing solutions that support the entire customer lifecycle .It is one of the largest, independent BPO companies in the world serving global leaders in major industry verticals. The company has over 30,000 employees globally working out of 35 operational centers in the United States, Philippines, India, UAE, Egypt, Bulgaria, UK, Canada, Jamaica, Mexico and Colombia.


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