Phoenix, USA-based leading technology and automation solutions provider qBotica, announces its strategic investment in healthcare automation company Healthomation. The company announced the acquisition on November 1, 2023. However, it did not disclose the amount of the acquisition.
Purpose of the acquisition by qBotica
With the latest acquisition, qBotica seeks to further its suite of offerings as well as expand its reach within the healthcare sector.
The strategic partnership integrates the extensive expertise and innovative capabilities of both companies to drive transformative changes in healthcare via the power of Artificial Intelligence (AI) and Machine Learning (ML) technologies.
Together, qBotica and Healthomation aim to address the ever-growing demand for automation and efficiency in healthcare. They seek to ultimately improve patient care and streamline operations for healthcare providers and revenue cycle management vendors.
The purchase also facilitates the development of innovative automation solutions combining EDI and RPA. It further drives integrations, efficiency, accuracy, and consistency in healthcare processes, from administrative tasks to patient care. Leveraging AI and ML, EDI and RPA, qBotica and Healthomation Inc. aims to provide healthcare organizations and RCM vendors with the tools and resources necessary to thrive in an increasingly complex and demanding industry.
What the qBotica officials have to add
qBotica’s CEO, Mahesh Vinayagam, said, “Our investment in Healthomation Inc. represents a pivotal moment for qBotica, as we align ourselves with a cutting-edge company that shares our commitment to innovation and excellence. This collaboration will allow us to harness the power of AI and ML to create RPA solutions that transcend the healthcare sector’s traditional boundaries. We are excited to work together to bring about positive changes in the industry.”
What the Healthomation CEO has to add
Healthomation Inc.’s CEO, Selvaraj Murugaiyan, said, “We are thrilled to have qBotica Inc. as a strategic partner in our mission to advance healthcare automation. With their proven track record in Robotic process automation and document understanding solutions, we believe qBotica is the perfect partner to help us revolutionize healthcare delivery. Our combined efforts will enable us to provide healthcare organizations and RCM vendors with AI-driven automation tools that ease integration between EHRs, enhance efficiency, reduce operational costs, and improve the overall patient experience.”
About qBotica
Mahesh Vinayagam is the CEO of qBotica, which launched in 2017. The company is a pioneer in Automation and AI solutions provider, dedicated to delivering cutting-edge, AI-driven services to various industries.
qBotica specializes in industry specific process automation and AI-driven decision support by focusing on innovation and efficiency.
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