Business Companies 18 Aug 2016 AGS Health to hire 1 ...

AGS Health to hire 1500 people

DECCAN CHRONICLE. | DECCAN CHRONICLE
Published Aug 18, 2016, 1:05 am IST
Updated Aug 18, 2016, 1:11 am IST
Also plans to invest another $15 million in the next few years.
 Also plans to invest another $15 million in the next few years.

Hyderabad: AGS Health has announced its plans to hire 1500 entry-level employees for the second city unit that was launched on Wednesday.

The Hyderabad units are expected to play a major role in the company’s plans as they look to take its total employee strength to 5,000 to carter to its 50 US-based clients. When asked about the selection, AGS Health CEO, Devendra Saharia said, “The talent in the city makes it an easy selection for any businessman.”

The firm, which already employs 50 people in the city, specialises in Revenue Cycle Management (RCM) systems which are a central pillar to the US healthcare services.

With the US politicians putting increased pressure with the ObamaCare initiative to reduce the costs of patients, healthcare providers have begun outsourcing RCM systems to specialised firms he said.

Mr Saharia added that the market, worth around $30 billion, provides a lucrative investment opportunity for the company, which has offices both in the US and India.

The firm has already invested $10 million of which $3 million in infrastructure for the Hyderabad unit, and also plans to invest another $15 million in the next few years.

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