Addressing the media, HealthScribe president and chief operating officer Dave Ehrhardt said, We decided to buy back the stake sold to Max Group in 2000, as India is a key component of our growth strategy. With India as the hub, HealthScribe is planning to expand into high volume processing services like billing, collection and coding in the next 12-18 months, he said. The company would look at acquisitions in both the US and India.
According to HealthScribe India managing director Suresh Nair, the company, which posted a turnover of $10 million in 2003 and is targeting a 50 per cent growth this year, plans to add 500 people this year. Currently, 1,200 people work in the Indian arm.