Stock Report

HCL Technologies and Innovaccer Partner to accelerate Digital Health Transformation



Posted On : 2021-10-19 21:46:03( TIMEZONE : IST )

HCL Technologies (HCL), a leading global technology company and Innovaccer Inc., a health cloud company, announced today a collaboration to help healthcare and life sciences organizations drive digital health transformation.

The partnership will help improve population health, value-based care, connected health, patient-physician engagement and other industry imperatives by ingesting, aggregating, and normalizing healthcare data from disparate sources to improve data quality and health outcomes.

Innovaccer's rich set of capabilities, including scalable fast healthcare interoperability resource (FHIR) APIs and an optimized data lake, allow organizations to use data analytics, AI, and machine learning to generate actionable insights at the point of care. HCL uses its next-generation digital and data transformation capabilities to help healthcare enterprises unlock the full potential of siloed - and often complex -- data using Innovaccer's Data Activation Platform and analytics-driven applications.

By combining Innovaccer's Data Activation Platform with HCL's robust healthcare data accelerator (hDATA) suite, organizations can enable patient-centricity, cost-optimization and compliance.

"Our partnership with Innovaccer will further enable us to help our clients catalyze their digital journeys and enhance overall quality, confidence, and speed of delivering data solutions for our healthcare and life sciences clients," said Shrikanth Shetty, Corporate Vice President and Head of Life Sciences and Healthcare, HCL Technologies. "We look forward to working with Innovaccer to speed up implementation and integration timelines and quickly deliver value to our clients."

"HCL Technologies and Innovaccer share a common vision: creating a future built on pervasive collaboration," said Abhinav Shashank, CEO at Innovaccer. "We're laying the foundation to help our customers and partners drive their digital transformations and realize our shared mission of bringing all healthcare data and stakeholders together to serve patients and enable truly holistic care."

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1231.85 as compared to the previous close of Rs. 1221.35. The total number of shares traded during the day was 192834 in over 7550 trades.

The stock hit an intraday high of Rs. 1252.85 and intraday low of 1225.75. The net turnover during the day was Rs. 238875533.00.

Source : Equity Bulls

Keywords

HCLTechnologies INE860A01027 ITConsulting Software InnovaccerInc LifeSciences DigitalTransformation