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Wipro acquires US-based HealthPlan Services for $460 mn

HealthPlan Services’ BPaaS solutions are ideal for payers who want to operate in the private and public exchanges and the off-exchange individual market in the US

The Dollar Business Bureau

Wipro acquires US-based HealthPlan Services for $460 mn

This acquisition adds another platform-led Business Process as a Service (BPaaS) offering, delivered on cloud to Wipro’s services portfolio.

 

Indian consulting and technology major Wipro Ltd. on Thursday announced that it has signed a definitive agreement to acquire US-based Healthplan Services from Water Street Healthcare Partners for $460 million.

“As part of the agreement, Wipro will acquire 100% of HealthPlan Services’ shares for a purchase consideration of $460 million,” Wipro Ltd. said in a statement.

With the inking of this partnership, Wipro now gains the competitive, first-mover advantage in the high growth public and private exchange space...

The post Wipro acquires US-based HealthPlan Services for $460 mn appeared first on The Dollar Business.



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Wipro acquires US-based HealthPlan Services for $460 mn

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