8K Miles Acquires SERJ Solutions To Increase Healthcare Cloud Offering

8K Miles Software Services Ltd., a global secure cloud solutions company, through its US subsidiary, 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.

8K Miles CMD Suresh Venkatachari said, "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 scare capital to focus on patient care."

SERJ new President Shibu Kizhakeveilayil commented, "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."

At the BSE, 8K Miles Software Services shares are currently trading at Rs.625.65, up 9.99 percent from the previous close.

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