Press Release
CBay to develop state of the art Healthcare BPO unit in Hyderabad
Hyderabad (January 11, 2006) - Mr. Raman Kumar, Chairman and CEO of the CBay Group today received the MOU for allocation of 8 acres at the Poppalaguda IT Park from the Honorable Chief Minister of Andhra Pradesh, Dr. Y.S. Rajasekhara Reddy. CBay has a major presence in Andhra Pradesh with a 500 seater facility in Banjara Hills and a 100 seater facility at Vijayawada. Mr. Kumar states “ CBay will further expand its operations in Hyderabad by developing a state of the art healthcare BPO unit on the plot with an investment of around Rs. 65 crores. CBay is targeting to achieve an annual turnover of about Rs. 70 crores in its first year of operations from the above facility, employing about 2700 people.”
CBay Systems (CBay) specializes in delivering technology enabled healthcare business solutions to its global clients. Established in 1999 in Annapolis, USA, CBay has grown from a small 10 member outfit to a 4500 strong company in a short span of 6 years. It has over 150 employees in the US and over 4000 people employed in 35 centers spread over 10 states in India. It has over 650 global clients, primarily hospital systems and physician networks based in the US. Already the third largest company in medical transcription technology and services in North America, the company is by far the largest in India. This has been reinforced by accolades and recognitions by global agencies like Deloitte, Forbes.com, Inc, Healthcare Informatics et al. With its corporate headquarters in Mumbai, CBay Systems India Ltd. continues to have a stronghold on operations in the cream of Indian cities. With this new facility, CBay will have its largest operations center in Hyderabad.
For additional information contact:
Deepak Nair
Tel: +91-22-6641-7548
deepak.nair@cbayindia.com
www.cbaysystems.com.