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Firstsource Solutions Limited ( (IN:FSL) ) has provided an announcement.
Firstsource Health Plans and Healthcare Services, LLC, a step-down subsidiary of Firstsource Solutions Limited, has acquired 100% of Jaye Inc. d/b/a TeleMedik, a Puerto Rico-based outsourced healthcare and telehealth service provider, for a cash consideration capped at USD 3 million, including upfront payment and earn-outs. The completed transaction, which is not a related-party deal and required no regulatory approvals, is aimed at expanding and consolidating Firstsource’s clinical care capabilities and deepening its access to the US healthcare provider and payer ecosystem, reinforcing the group’s positioning in the US healthcare contact centre and telehealth market.
More about Firstsource Solutions Limited
Firstsource Solutions Limited, through its step-down subsidiary Firstsource Health Plans and Healthcare Services, LLC, operates in the US healthcare contact centre and clinical care services space, delivering outsourced solutions to healthcare providers and payers. The company focuses on strengthening its presence in healthcare and telehealth services within the US ecosystem, aligning its offerings with the needs of providers and payers seeking scalable, tech-enabled support services.
Average Trading Volume: 45,744
Technical Sentiment Signal: Hold
Current Market Cap: 222.2B INR
Learn more about FSL stock on TipRanks’ Stock Analysis page.