SCIO Health Analytics Culminates 10 Years of Innovation with Announcement of Acquisition by EXL

Author:

By HEP Fund

Published On:

July 3rd, 2018

Categories:

Portfolio

Combined resources help broaden healthcare footprint of both organizations while deepening analytics capabilities

WEST HARTFORD, Conn., July 3, 2018 /PRNewswire/ — SCIO Health Analytics® announced that it completed its sale to EXLService Holdings. Inc. (NASDAQ: EXLS), a leading operations management and analytics company. SCIO’s growth over the last 10 years has been driven by its proven leadership in strategy and innovation around the use of big data and analytics to help payers, providers, and life sciences organizations improve revenue, quality, and operations while solving some of healthcare’s greatest challenges.

“From its founding, SCIO has been dedicated to driving positive change by helping our clients effectively manage critical issues such as the transition to value-based care,” said Siva Namasivayam, co-founder and chief executive officer, SCIO. “We are excited to combine our analytics capabilities and deep healthcare expertise with those of EXL, who is already a world-class global services provider and recognized leader in healthcare analytics.”