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2006 / 2005 / 2004 / 2003 / 2002 / 2001

 
2006
Perot Systems BPS Chennai Facility is "One of a kind" Says Economic Times

Perot Systems BPS Headquarters facility has been designed with a lot of care and with a single-minded focus on creating a high-performance workspace. Hema Vijay-an Economic Times columnist who is recognized as an expert on workplace design, has covered several leading organizations' workspaces in the newspaper's Friday glossy supplement- Madras Plus.During an hour-long tour of the facility on 18th January, Hema commented that the facility
of really one of its kind in the industry with everything in its place and a place for everything. In the Workspaces column in ET Madars Plus' 20th January Issue, Hema described the PSBPS facility as 'One of a kind' workspace with extensive veneer paneling, splashes of orange deco, abstract paintings and marble floors!"

BPOs run schools to build talent pool

Don’t just learn the tricks of the trade... learn the trade. And that’s exactly what the BPO industry has done — learnt the trade of training. Forced by a dearth of qualified employees, these companies have taken it upon themselves to create a large pool of qualified employees by setting up their own training academies. Companies like Tecnovate, Intelnet Global Services, Perot Systems and Lason India, instead of just having their employees trained by external agencies, went a step ahead and formed their own. Perot Systems has set up the Perot Systems Learning Centres for BPO that offers courses on domain specific training, project management training, leadership learning systems at team leader, delivery leader and account leader levels and short-term courses with a special focus on customer focus, negotiation skills, presentation skills. “Academies or learning centres provide a mechanism for tapping into the process-specific knowledge and experiences that are deep down in the DNA of the organisation. In-house academies help the organisation keep the competitive advantage,” says Vardhman Jain, president, Business Process Solutions, Perot Systems.
 
2005
Perot Systems to hire more in India - March 2005

PEROT Systems plans to add some 800 people to its IT services and business process operations in India in the current year. The company, at present, has 4,500 people in India, of which 1,600 are in the business process operations, while the rest are with its IT services operations.

Importance of India Underscored By Historic Perot Systems Board Meeting - March 2005

Perot Systems (NYSE: PER), the Plano, Texas-based IT, BPO and consulting concern, is expected to underscore the importance of India and the Asia-Pacific region to its long-term growth strategy at a meeting of its Board of Directors in Bangalore later this week. The meeting is historic, as it is probably the first Board meeting of a major U.S. multinational IT corporation in India. In bringing the Board to India to review its corporate strategy, Perot Systems is signaling its commitment to seizing the global opportunities in the technology services industry.

Perot Systems sets up new facility in Chennai - March 2005

Perot Systems, Texas-based IT, BPO and consulting firm, has inaugurated its new facility in Chennai today. The new business process solutions facility has come up in over 67,000 sq. ft. of built-up area having a seat capacity of 840. The Chennai centre will provide integrated solutions for healthcare businesses, which will include hospital billing, life insurance, claims processing and patient care expertise.

Perot Systems Earns Prestigious BS 7799 Certification for its India BPO Operations - June 2005

Perot Systems (NYSE: PER) today announced that its business process solutions centers in Chennai, India received the prestigious BS 7799-2:2002 IT Security Certification on May 17. The award further expands Perot Systems' record of numerous top-level quality and information security management certifications for all its operations in India.

 
2004

Perot aims for 40% growth in India, CIOL February 05, 2004

Along with Perot Systems Technology Solutions India, which has capabilities in software services, Perot Systems also has its BPO arm, Vision Healthsource in India. Brian Maloney COO of Perot Systems Shares the details in this article.

Vision To Set Up New BPO Centre - February 27, 2004

The Chennai-based Vision Healthsource (Vision), one of the leading providers of billing, receivables and claims Business Process Outsourcing (BPO) solutions for the health-care service providers in the US, is setting up a new 800 seat facility in Chennai. The facility is expected to go on stream in May. Vision already has three facilities here which put together have a 850 seat capacity.

Perot aims for 40% growth in India - February 2004

Perot Systems is expecting a growth of nearly 40% this fiscal, following the acquisition of HCL's stake in its Indian JV, HCL Perot Systems (HPS). While HPS itself was slated to grow by nearly 30%, the integration would result in a further boost to its growth. This was revealed by Brian Maloney, Chief Operating Officer, Perot Systems Corporation, during Nasscom 2004. Other than the software services capabilities of HPS, the integration also brings into table the business of HPS's BPO operations, Vision Healthsource. In the new scenario, Perot Systems would have two separate business units- the Technology Practices and Business Processes.

Perot Systems to shift 3,500 jobs to India - February 2004

Computer Services Company Perot Systems plans to add 3,500 jobs to its India operations and will soon move into new facilities at Chennai and Bangalore. Texas-based Perot already has a business operation centre at Noida. Founded by 1996 presidential candidate Ross Perot, it has about 13,000 employees worldwide of which 3,000 work in India. With the planned addition, the count head in India will go up to 6,500. Company Spokeswoman Mindy Brown said the expansion was related to acquisition of two companies in India that Perot Systems has made over the past year. Perot Systems paid about $10 million in July for Vision Healthsource, which handles medical bills. It paid $105 million in December for technology outsourcing provider HCL Perot Systems, buying its Indian joint venture partner HCL Technologies Ltd.

Perot to raise workforce in India - February 2004

Perot Systems, the computer services company founded by former presidential candidate Ross Perot, is all set to add about 3,500 jobs in India and move into two new facilities there this year. Most of the growth will come from a call centre and medical claims processing business, whose employee numbers are expected to rise to 2,800 workers from 800, said a report in the Star Telegram, published from Dallas, Texas. Mindy Brown, a spokeswoman for the company, said the expansion was related to acquisitions of two Indian companies made by Perot Systems in the past year. In July, Perot Systems paid up to $10 million for Vision Healthsource, which handles medical bills.

Build, operate, sell: The BOT philosophy The Economic Times, April 30, 2004

There are things beyond just build, operate and Transfer that keep Anurag Jain going. This article captures his reasons for selling the Vision Business and his role going forward. Says Anurag, “A guy who worked with me in Chennai for Rs 1,200 per month, recently bought my Toyota in the US, and he lives a few blocks down my street, and is a senior manager today who earns $70,000-80,000. Making that happen, motivates me,”

Healthcare outsourcing on high despite backlash - June 2004

If the once much-hyped medical transcription is looking down, outsourcing in imaging, disease management and claim processing are the new areas to look up to, as experts say a great opportunity awaits Indian BPO industry in the healthcare sector. Explaining about the main reason behind India emerging as a favourable destination for medical outsourcing, Anurag Jain, CEO, Vision Healthsource, one of the largest healthcare BPO service provider in the country, says, "India's inherent strength is the quality of our human resource pool. We have the analytical thought process that is required to develop complex applications and manage complex process, which is of utmost importance for healthcare BPO particularly".

Healthcare, a shot in the arm for Indian BPO, rediff.com June 29, 2004

Explaining about the main reason behind India emerging as a favorable destination for medical outsourcing, Anurag Jain, CEO, Vision Healthsource, one of the largest healthcare BPO service provider in the country, says, "India's inherent strength is the quality of our human resource pool. We have the analytical thought process that is required to develop complex applications and manage complex process, which is of utmost importance for the healthcare BPO particularly."

On the opportunity for Indian BPO companies in the healthcare sector, Jain says, "Most Indian companies have not yet matured in terms of developing a global outlook. Customers are today looking for service providers who can give them multiple options like a multi-shore model to deliver to any need from applications to consulting and from processes to managing the infrastructure.

"Unless you have the ability to service these multiple needs, a BPO provider would not be viewed as adding value and Indian BPO companies would come of age only when they build these capabilities," Jain adds.

The faces of outsourcing - July 2004

Large corporations – including Perot Systems Corp. and Electronic Data Systems Inc., both of Plano – are hiring in India while their U.S. employment remains stagnant. They derive cost savings from the salary differentials and the 24-hour work cycle created by the time difference. (India is 10.5 hours ahead of Dallas time). Perot Systems, for instance, does billing, claims and collections work for U.S. health care providers in Chennai. Employees follow up on bills on behalf of American doctors and hospitals, working from Monday evening to Saturday morning. The associates receive training to neutralize their accents. They're coached extensively on the business processes involved in bill collection. As part of the informal cultural orientation, "they watch lots of reruns of Friends and Will and Grace," says Anurag Jain, chief executive of vision Healthsource, a Chennai company that Perot Systems bought last August.

Synergies Drive Perot's Offshore Acquisition and Create New Value Proposition in Outsourced Medical Billing Services - August 2004

When Automated Medical Systems, a US provider of medical billing management services, encountered challenges with recruiting and retaining night-shift data-entry staff, the company decided to outsource those functions to specialist Vision Healthsource, a Chennai, India company founded in 1997. Their outsourcing relationship was born in 1998 during the early "prove it to me" phase when people had seen success with sending IT work offshore but were still highly skeptical that sending business process outsourcing (BPO) work to India was a wise strategy.

Taming the wild revenue cycle - August 2004

Miami Pediatrics, a medical practice with seven doctors and three locations, could serve as a model for how much better management is when billing is under control.Since tapping athenahealth, a firm in Waltham, Mass., that provides Web-based billing services on a subscription basis, the medical group has reduced its claim denials by 10 percent and increased its collection ratio from 40 percent to 51 percent. Reimbursements are coming in more quickly, too, usually within 21 days instead of 50 days. Athenahealth’s strategy is BPO (business process outsourcing), not software sales, said Eric Brown, healthcare analyst with Forrester Research. The suite includes scheduling, registration and claims generation — front office work. It’s in the back office that athenahealth distinguishes itself, says Brown. The company’s U.S. operations – bolstered by 200 people from Perot Systems’ Vision Healthsource in India — does the manual work like keying in paper forms, receiving and depositing payments and calling payers to rework claims.

Hiring cost, attrition mar BPO firms - October 2004

Rising per-hire costs, attrition, problems of `bad hire' and choosing the right hunting ground for recruitment are among the challenges that HR managers of person-intensive BPO companies face today. At a recently held seminar, HR chiefs from various companies spoke of the strategies their companies have adopted for recruitment and retention. Vision Healthsource, a BPO company operating in the health space that recently became a part of Perot Systems, strives towards creating a brand identity through advertisements and, therefore, prefers to recruit through job ads.

'We do IT better' - October 25, 2004

THE last time Peter Altabef came to India, there was little that the media wrote about him. He seemed happy to let Ross Perot Jr, CEO at the time, do the talking. Now, with Perot as Chairman and Altabef as President and CEO, Altabef has begun to be audible. eWorld garnered the first interview that he has given to the Indian media since his elevation in mid-September. But even if he did talk, Altabef showed himself as a role model for CEOs wishing to stick to the copybook. Not a word out of place - seemed to be his motto, as you would discover in the excerpts from the chat reproduced below. Anurag Jain, now head of the Business Process Solutions group in Perot, which acquired Jain-founded Vision HealthSource, joined us.

We build tomorrow's leaders - November 3, 2004

Interview with Mr. Ramanand, Head, Human Resources,Vision Healthsource, Chennai.

India Responds to Growing Concerns Over Data Security - December 2004

A recent opinion poll of 115 IT companies in both India and the US found that 82 percent of customers of Indian IT companies and 76 percent of customers of US IT companies are more concerned about information security than ever before.According to Anurag Jain of Perot Systems Business Process Solutions and CEO of Vision Healthsource--a part of Perot Systems' healthcare group, major gaps remain in two areas: enforcement and awareness. As a result of high demand by companies looking to reduce costs, some outsourcing service providers in India are hiring new staff by the thousands in a single month.

Vision Ranked amongst the top 5 MNC BPO companies in India by India's leading IT/ITES Magazine-Dataquest

PDF of the Article

 
2003

Wipros BPO Vision May Lead To Another Acquisition - March 2003

In order to strengthen its position in the healthcare BPO segment, Wipro is likely to follow the acquisition route. At present, Wipro is said to be in talks with Chennai-based business process outsourcing (BPO) Vision Healthsource (I) Pvt Ltd for a possible strategic alliance or even an acquisition. Both domestic as well as international companies are approaching us for strategic alliances and Wipro is one among them. If it makes financial as well as strategic sense then we would go in for strategic partnership, Vision Healthsource president Vardhman Jain told eFE. Mr Jain said that the company was willing to offload up to 100 per cent of its stake depending on the nature of the partner.

Vertical focus is the key for survival in BPO - July 2003

Says Anurag Jain, the founder and CEO of Vision Healthsource; companies need to expand the folio of services in the vertical in which they are operating.

Perot Systems to pay $10 m for Vision Healthsource , Business line, July 3, 2003

In July 2003, Perot Systems announced the acquisition of Vision Healthsource for $10Million. In an interview with Business line, Anurag Jain, Vision's Founder and CEO termed the acquisition of his company by Perot Systems as "a landmark deal for our company that validates the global services delivery model".

On the Fast Track - August 2003

Healthcare: (Growth rate: 100-120%.) It is a nascent area for Indian BPO firms, but has great potential. Already, about 20 companies are engaged in healthcare ($1.3-trillion industry in the US), offering services like billing, medical insurance, disease-coding, claims management, accounting and clinical trials data management. The start-ups employ 200-500 people and include Apollo Health Services in Hyderabad, Ajuba in Chennai, Healthscribe in Bangalore and Hinduja TMT. Vision Healthsource CEO Anurag Jain says: “Healthcare has been a late starter as there are a lot of legacy systems in the US and not many Indian companies have specialised in the area.” Indian BPO firms are catching the attention of global players. Last month, Vision Healthsource was acquired by the $1.3-billion Perot Systems Inc. for $10 million.

Interviews

Anurag Jain, who founded Vision Healthsource and subsequently architected Perot Systems' acquisition of the same, now heads the Business Process Solutions (BPS) Group, where he is responsible for its strategy, management, sales, operations and service delivery. In an e-mail interview with India Syndicate, he spoke to Indhu Radhakrishnan and Balaji Narasimhan on the evolution of the BPO industry, his company's areas of operations, and other associated areas.

'Offshore BPO units will not help in the long run’ - August 2003

Chennai-based Vision Healthsource is one of the leading Health care Business Process Outsourcing (HBPO) companies in India with a client base of over 25 US-based healthcare billing companies. A part of $1.3 billion Perot Systems of the US, Vision offers its services to the US-based medical billing companies, hospitals, payors and third party processors with specialisation in claims, administrative processing and revenue-cycle management. The company handles US$ 1 billion worth provider claims per year for physicians and hospital-based and physician specialties across the US and over 500 people process more than 25 million transactions from Chennai. Anurag Jain, Chief Executive Officer of Vision Healthsource, shares his views about the emerging HBPO landscape in India.

Something to smile about - August 6, 2003

WHEN you hear the name Ross Perot, and even before you think of EDS Inc or his run for Presidency, Ken Follet's novel "On wings of eagles" comes to mind. It is a story of the Texan billionaire who refused to abandon his two colleagues caught in an Iran jail during a revolution. Ask Anurag Jain why he decided to sell his company, Vision Healthsource, a healthcare BPO services provider to Perot Systems, and he says, "They impress me with their value systems. Their people are as important to them as mine are to me. The fit was natural."

‘Offshore BPO units will not help in the long run', Express Healthcare Management, August 15-31, 2003

In this interview, Anurag Jain, Our Founder and CEO, discusses the challenges in healthcare BPO, cultural issues, and strategy. Says Anurag, “ I think what is very important to bag outsourcing orders is the domain knowledge. We established our domain knowledge in medical specialties like cardiology, radiology, etc., and evolved services and products that met client-specific requirements.”

HEALTHCARE BPO: Cracking a matrix, Business world, September 15, 2003

This article positions Vision as a leading player in the Healthcare BPO industry. Says Vardhman Jain, President (operations), Vision HealthSource, "It is very domain intensive. The multiple software adds to the complexity, but we can now manage it; it takes 2-3 days to understand new systems." So, while software like IDX, Siemens' Signature 2 and PCN do the same thing - detailing the life cycle of a patient - the information is fed in a different way and the screens look dissimilar.

Healthcare process outsourcing to be big business for India, Hindustan Times, September 21, 2003

The year 2002 saw US-based companies like Wellcare, Aetna, Wellpoint, Coventry, Horizon BCBS, United Healthcare and many other payers moving their claims adjudication and other back-end processes to India. “In the last five years, we have been able to develop expertise only in healthcare billing of doctors. The association with Perot has given us access to new business lines like hospital billing which requires nearshore presence for client servicing. We are also looking at some new niche areas in pharmaceutical sector,” said Vision Healthsource CEO Anurag Jain.

 
2002

"Indian BPO business set to rejoice: Nasscom, Upbeat on Business opportunities arising from Insurance, Healthcare & Utilities market in the US and the UK" , The Economic Times, Monday, 12th August 2002

"Insurance Claims processing requires capabilities that are highly domain intensive. This requires significant investment in training as a result of which training consumes about 25% of the total expenditure." -Srinivas Rao, COO, Vision Health source.

An eye for change October 2, 2002

IT takes a chameleonic skill to change with the times. And to change quickly within a matter of three or four years takes a good feel for where the industry is heading. Vardhman Jain, Chief Executive Officer of Vision Healthsource, along with brother Anurag Jain (who built up Brigade Solutions to a level where VCs were glad to pump in money, before quitting Brigade), is making changes that he needs to, to survive and thrive in business process outsourcing in the area of healthcare.

"Hooking 'em up, for good", Business line-Financial daily from The Hindu group of newspapers. Wednesday, October 23, 2002

Vardhman Jain shares his ideas and provides insights into managing people and the HR practices- Job rotation, incentive schemes etc. adopted by Vision.

"Call Centers move out of metros", Hindustan Times, December 19, 2002

Even as most business process outsourcing companies continue to be on recruitment high, the impending resource crunch in the four metros is gradually pushing them to look at second-tier cities. Says Vision Healthsource Vice-President Marketing Siva Namasivayam, “We are seriously looking at Cochin and Vijayawada for further expansion"

"Vision Healthsource Corporate Profile - Reproduced from the "The Economic Times Knowledge Series" Book on "IT Enabled Services" (in India) 2002

The article details the portfolio of services offered, our technology infrastructure, and the Services Delivery Model.

 
2001

How the September 11 Attacks Changed Offshore Outsourcing - December 2001

"Offshore outsourcing" provides a powerful labor arbitrage; U.S. firms can receive made-in-the-U.S. quality at remarkably lower prices because of the wage scale differential in other lands. Labor savings can be as much as 60 percent. And, time zone differences mean someone is always on the job. But this formula works only when the offshore partner operates in a secure political environment that remains friendly to America. The events of September 11 taught Americans there are some who do not cherish our way of doing business. Here's how the terrorist attacks have impacted offshore outsourcing. Political stability is now a key question for offshore suppliers. Satish Ponnaiya, vice president, client services for Vision Health Source, which is based in Vienna, Virginia but does all its coding in Chennai, India, says "people are uncomfortable with what's happening in Asia. Now we're getting a lot of questions. People want to know what happens if India gets involved in a conflict. They want to be reassured nothing will go wrong with their business if they outsource to us."

 
   
 
   
 
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