The HCI Group plans to merge with a subsidiary of Tech Mahindra, One of the World’s Leading Technology Firms, to expand its capabilities and service offerings for healthcare providers and create a leading healthcare information technology consulting business.
JACKSONVILLE, FL – March 6, 2017 –The CJS Solutions Group LLC, doing business as ‘The HCI Group’, a global leader in healthcare information technology consulting, announced today its plan to merge with a subsidiary of Tech Mahindra. The combination will be solely focused on driving innovation and digital transformation for healthcare providers.
This planned transaction is strategically designed to bring together Tech Mahindra’s proven ability at driving innovation and digital transformation with The HCI Group’s position as a global leader in healthcare technology consulting to improve the healthcare industry.
“I truly believe that Tech Mahindra is the right partner for us to improve our industry through a combination of disruptive innovation and cost reduction. What better way to support our customers than by joining with the global leader in digitalization and connected technologies…” said Ricky Caplin, CEO, The HCI Group.
The HCI Group will continue to operate as an independent business unit of Tech Mahindra, complementing its deep, proven healthcare domain capabilities with Tech Mahindra’s breadth of technical expertise and innovation labs. Together the two organizations will be positioned to offer new innovative and end-to-end integrated solutions to customers including:
- Infrastructure Management Services.
- Process Automation and Outsourcing.
- Enterprise Business Services that support Business Intelligence and Performance Management.
- Technical Innovation in support of Clinical Transformation.
Caplin added that “the healthcare industry in itself needs a ‘shot’ of innovation. We believe that supporting interoperability, leveraging data analytics, building on developments in IoT (Internet of Things) and harnessing the power of machine learning are key to accomplishing true transformation.”
The HCI Group’s financial advisor for the transaction is Allen & Company LLC, with Nelson Mullins Riley & Scarborough LLP serving as its legal counsel.
About The HCI Group
The HCI Group is a global leader in healthcare IT consulting with headquarters in Jacksonville, Florida and international headquarters in the United Kingdom. It offers a broad scope of healthcare IT solutions in more than 10 countries in North America, Europe, Middle East and Asia Pacific.
The HCI Group’s services include enterprise-wide advisory services, with a focus on IT system implementation and training, as well as specialty service lines in integration, testing, go-live, clinical adoption, optimization, HIMSS EMRAM consulting and cyber security. Learn more about the HCI Group by visiting www.thehcigroup.com
About Tech Mahindra
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. Tech Mahindra are a USD 4.2 billion company with 117,000+ professionals across 90 countries, helping over 837 global customers including Fortune 500 companies. Tech Mahindra’s convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia (Forbes 2016 list).
Tech Mahindra are part of the USD 17.8 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership. Learn more at www.techmahindra.com