Latest news with #RajanKohli
Business Upturn
2 days ago
- Business
- Business Upturn
CitiusTech Acquires Health Data Movers, Enhances Healthcare Provider Offerings With Epic Implementation Capabilities
CitiusTech, a leading provider of healthcare technology, services & solutions, today announced that it has acquired Health Data Movers, a Best in KLAS healthcare technology services firm, with deep expertise in Epic Systems, Workday, ServiceNow and other core healthcare platforms. Business Wire India CitiusTech, a leading provider of healthcare technology, services & solutions, today announced that it has acquired Health Data Movers, a Best in KLAS healthcare technology services firm, with deep expertise in Epic Systems, Workday, ServiceNow and other core healthcare platforms. As healthcare providers work to improve quality of care and deliver more connected patient and clinician experiences, they face the challenges of unifying complex technology ecosystems while accelerating innovation. The rapid rise of Agentic AI, Cloud, and AI Scribes has only heightened the need for seamless integration into the core systems clinicians and staff use every day. Epic, as the digital backbone of many healthcare providers, has been central to this transformation, driving digital adoption, enabling interoperability, and opening new pathways to embed advanced analytics and AI directly into clinical workflows. The combination of CitiusTech's AI, data, and automation solutions and Health Data Movers' deep integration expertise, creates a unique ability to embed intelligence and automation directly into core operational platforms such as EMR, ITSM and ERP. By bringing advanced digital capabilities directly into the daily workflows that health systems trust, this approach minimizes change management risks, and delivers scalable, end-to-end solutions that enable Providers to achieve greater efficiency, quality, and impact in patient care. 'This is a pivotal moment and huge opportunity for CitiusTech and Health Data Movers, as we meet the demands of a rapidly transforming healthcare landscape. By combining forces, we are redefining the path to seamless integration, and infusing AI and intelligent automation into clinical operations. Together, we empower our customers to unlock transformative efficiencies, deliver connected patient care, and accelerate innovation, all within the systems they trust. This partnership strengthens CitiusTech's position as a strategic partner across the healthcare ecosystem,' said Rajan Kohli, CEO, CitiusTech. By bringing Health Data Movers' Epic implementation and integration expertise into CitiusTech's portfolio, this partnership has the ability to operate at the very core of the Epic ecosystem, solving some of healthcare's most critical challenges. 'At Health Data Movers, our commitment has always been to empower patients and providers by harnessing the potential of data and technology,' said Tyler Smith, CEO, Health Data Movers. 'Joining forces with CitiusTech allows us to pair that expertise with unmatched scale, advanced technologies, and expanded capabilities. Together, we can deliver future-ready solutions, that not only improve patient outcomes and lower costs, but also redefine how patients and providers fully benefit in an AI-powered healthcare ecosystem.' CitiusTech and Health Data Movers share a vision of advancing healthcare through human-centered technology, operational excellence, and trusted partnerships. Founded in 2012, Health Data Movers is a US-based, specialized healthcare IT services firm, with a mission to empower patients and Providers by unleashing the potential of healthcare data and technology. They are trusted partners to healthcare organizations, biotechnology companies, and digital health enterprises, delivering unique, data-driven solutions through their Data Management, Integration, Project Management and Clinical & Business Applications services. Health Data Movers brings with it a highly skilled team of healthcare technology professionals with deep expertise in large-scale EMR program delivery, clinical workflows, and operational transformation. Health Data Movers was advised on this transaction by Equiteq. Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Business Wire
2 days ago
- Business
- Business Wire
CitiusTech Acquires Health Data Movers, Enhances Healthcare Provider Offerings With Epic Implementation Capabilities
PRINCETON, N.J.--(BUSINESS WIRE)--CitiusTech, a leading provider of healthcare technology, services & solutions, today announced that it has acquired Health Data Movers, a Best in KLAS healthcare technology services firm, with deep expertise in Epic Systems, Workday, ServiceNow and other core healthcare platforms. As healthcare providers work to improve quality of care and deliver more connected patient and clinician experiences, they face the challenges of unifying complex technology ecosystems while accelerating innovation. The rapid rise of Agentic AI, Cloud, and AI Scribes has only heightened the need for seamless integration into the core systems clinicians and staff use every day. Epic, as the digital backbone of many healthcare providers, has been central to this transformation, driving digital adoption, enabling interoperability, and opening new pathways to embed advanced analytics and AI directly into clinical workflows. The combination of CitiusTech's AI, data, and automation solutions and Health Data Movers' deep integration expertise, creates a unique ability to embed intelligence and automation directly into core operational platforms such as EMR, ITSM and ERP. By bringing advanced digital capabilities directly into the daily workflows that health systems trust, this approach minimizes change management risks, and delivers scalable, end-to-end solutions that enable Providers to achieve greater efficiency, quality, and impact in patient care. 'This is a pivotal moment and huge opportunity for CitiusTech and Health Data Movers, as we meet the demands of a rapidly transforming healthcare landscape. By combining forces, we are redefining the path to seamless integration, and infusing AI and intelligent automation into clinical operations. Together, we empower our customers to unlock transformative efficiencies, deliver connected patient care, and accelerate innovation, all within the systems they trust. This partnership strengthens CitiusTech's position as a strategic partner across the healthcare ecosystem,' said Rajan Kohli, CEO, CitiusTech. By bringing Health Data Movers' Epic implementation and integration expertise into CitiusTech's portfolio, this partnership has the ability to operate at the very core of the Epic ecosystem, solving some of healthcare's most critical challenges. 'At Health Data Movers, our commitment has always been to empower patients and providers by harnessing the potential of data and technology,' said Tyler Smith, CEO, Health Data Movers. 'Joining forces with CitiusTech allows us to pair that expertise with unmatched scale, advanced technologies, and expanded capabilities. Together, we can deliver future-ready solutions, that not only improve patient outcomes and lower costs, but also redefine how patients and providers fully benefit in an AI-powered healthcare ecosystem.' CitiusTech and Health Data Movers share a vision of advancing healthcare through human-centered technology, operational excellence, and trusted partnerships. Founded in 2012, Health Data Movers is a US-based, specialized healthcare IT services firm, with a mission to empower patients and Providers by unleashing the potential of healthcare data and technology. They are trusted partners to healthcare organizations, biotechnology companies, and digital health enterprises, delivering unique, data-driven solutions through their Data Management, Integration, Project Management and Clinical & Business Applications services. Health Data Movers brings with it a highly skilled team of healthcare technology professionals with deep expertise in large-scale EMR program delivery, clinical workflows, and operational transformation. Health Data Movers was advised on this transaction by Equiteq. About CitiusTech CitiusTech is a global technology services, consulting, and business solutions enterprise 100% focused on the healthcare and life sciences industry. We enable 140+ enterprises to build a human-first ecosystem that is efficient, effective, and equitable. Leveraging deep domain expertise and next-generation technologies including AI, Cloud, Data, and Intelligent Automation, we assist our clients in realizing their vision, accelerate transformation, and achieve business outcomes. With over 8,500 healthcare technology professionals worldwide, CitiusTech powers digital innovation, business transformation, and industry-wide convergence through next-generation technologies, solutions, and products. Follow CitiusTech on Twitter or LinkedIn. About Health Data Movers (HDM) Health Data Movers (HDM) is a 'Best in KLAS' healthcare technology services firm. They are trusted partners to healthcare organizations, biotechnology companies, and digital health enterprises through their Services – Data Management, Integration, Project Management, and Clinical & Business Applications – they are the smart choice for creating unique solutions that empower patients and providers by unleashing the potential of healthcare data and technology. Recognized as a leader in the industry, HDM has been named to the Inc. 5000 list six times (2020, 2021, 2022, 2023, 2024, 2025). Additionally, HDM was honored as one of the 'Best Firms to Work For' by Consulting Magazine in 2020 and 2025.
Forbes
4 days ago
- Health
- Forbes
Preparing For Healthcare's Digital Renaissance
Rajan Kohli, CEO of CitiusTech. Inspiring new possibilities for the health ecosystem with technology and human ingenuity. In 10 years, healthcare will look very different. Your smartwatch picks up on something "off" at midnight. Maybe your heart rate or blood sugar has taken a subtle but worrying turn. Before you even wake up, your doctor is alerted. By breakfast, the right medication is at your door, your insurance has approved the claim and a friendly AI assistant calmly explains what's happening in plain language. This isn't a far-off dream. The data and technology to make it happen already exist. What's uncertain is whether our systems, and the people who run them, will have the vision to actually use it this way. From Mountains Of Data To Meaningful Care Healthcare already generates more data than almost any other sector—about 30% of the world's total and growing at a 36% CAGR. Most of this data never touches patient care. Data points often sit unused. We don't have a data problem; we have a data utilization problem. What good is infinite data if it doesn't know when to flag a silent heart attack? This disconnect has become one of the defining limitations of modern healthcare systems. Care has stayed rooted in episodic visits, with data pulled together only at discrete moments. This is why so many critical decisions in healthcare still get made without a complete picture. It's why your primary care doctor might not see what your specialist recorded or why wearable data that could have flagged an early problem stays buried in an app. The Building Blocks Of 'Healthcare Live' The good thing is that this is beginning to change. I believe we are living through the early years of what could be described as a digital renaissance in healthcare. Intelligence, infrastructure and intent are finally moving in sync and redefining how we understand illness, deliver treatments and experience care itself. A very different architecture, built around live data exchange, adaptive workflows and machine reasoning anchored in clinical reality, is taking shape. Systems are being rebuilt to sense, decide and respond with far less human mediation. Data is now reaching the systems that can act on it—enabling care responses that aren't delayed by process bottlenecks. Take diabetes care. Abbott's Libre continuous glucose monitors can send readings directly into medical records, giving doctors a live view of your health without extra paperwork or scheduling delays. It means care doesn't wait for scheduling and data turns into decisions right when it matters. In drug development, too, processes that once took over a decade and billions of dollars have compressed dramatically, slashing timelines and costs. AI models like AlphaFold have "accurately predicted the shapes of all 200 million proteins known to science in under a year." This is acceleration at a scale we've never had before. Until recently, the cost of intelligence was a barrier to advanced insights. That's no longer the case. Today, intelligence isn't just smarter; it's radically more affordable. With the changing economics, it's no longer technology that's slowing us down. In many cases, it's the organizations and policies that now need to catch up. The Risk Of Building A High-Tech Replica Of The Past Here's where the opportunity becomes a caution. Too often, organizations treat digital transformation as simply installing new tools on top of old ways of working. They digitize existing paperwork, plug in an algorithm and hope it magically multiplies value. It rarely does. Because the core hasn't changed: how care is organized, how people are incentivized, how trust is built. Without rethinking these foundations, all the technology in the world won't fix the fragmentation that keeps data—and patients—from being seen fully. The Work Ahead As the pace of change accelerates, it shrinks the window CEOs and boards have to get their data strategy, trust frameworks and financial models in sync. This is where I see heritage and innovation standing side by side, bridging long-standing medical wisdom with bold new approaches. It's how we'll move from a fragmented ecosystem to one that's connected and from generic one-size-fits-all treatments to truly personal care for each of us. Here is what we will need to do to shape the next decade of healthcare: It's easy to install AI on top of legacy structures, but it's difficult to redesign the core of how care is delivered day-to-day. Can we rethink the current processes? Can we reassess how work is organized and how trust is maintained in an increasingly automated environment? In a high-stakes environment like healthcare, general-purpose large language models (LLMs) fall short. What we need are systems built from the inside out with healthcare logic—domain knowledge, regulatory boundaries, patient variability and ethical frameworks—embedded from the start, not layered on top. In healthcare, trust isn't optional. If doctors don't trust a new tool, they won't use it. If patients don't feel secure, they'll ignore its advice. Trust grows when systems are transparent. That's why we need to bake in explainability, accountability and safeguards from day one by design. The Leaders Of Tomorrow We're already seeing signs of this future taking shape. Kaiser Permanente ties its incentives directly to patient health outcomes and reducing disparities. U.S. regulators want Medicare and Medicaid to be fully operating under value-based care models by 2030. Even Amazon's healthcare push is built on systems that can effortlessly plug into each other. These moves all point to the fact that tomorrow's advantage won't come from locking away data or building black-box algorithms. It will come from knowing how to share information safely across players, so patients get better, faster, more tailored care. In that sense, healthcare's digital renaissance isn't really a story about technology at all. It's a test of vision and the courage to build systems worthy of the incredible possibilities already at hand. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Mint
13-06-2025
- Business
- Mint
Bain Capital-backed CitiusTech exploring acquisitions, to evaluate IPO
Bain Capital-backed CitiusTech, a healthcare technology services company, is planning to grow through acquisitions and will evaluate an IPO this year, either in the US or India, chief executive officer (CEO) Rajan Kohli told Mint in an interview. 'It is very much in our growth path," Kohli said, referring to the company's plan to list on the exchanges. 'We will evaluate [it] this year if the markets are good," he said, adding that the company will evaluate listing in either India or the US. The firm's primary market is the US, accounting for 95% of its revenues. Its investors are Bain Capital Private Equity and EQT Private Capital Asia (previously Baring Private Equity Asia). Also read: FPI Tracker: Telecom, services, capital goods corner major chunk of inflows; IT, healthcare face heavy selling in May In 2022, Bloomberg reported, citing people in the know, that CitiusTech had filed confidentially for a US IPO. The health tech firm is planning expansions in Europe and Japan, as demand for healthcare technology services increases among medtech, healthcare, and life sciences companies. Kohli said that the firm's specialised focus on healthcare gives it an edge over large Indian IT service companies that cater to various industries. A few other Indian companies are focused solely on healthcare tech services, like IKS Health, which was listed on the exchanges in December 2024 and posted ₹2,664 crore revenue in FY25. Acquisitions drive growth The firm is looking at acquisitions this year to drive growth. 'We didn't make any acquisitions for the last two years because the valuation was not great in the market," Kohli said, adding that this year the company is targeting two acquisitions, provided it finds targets that meet its requirements. CitiusTech is exploring acquisition options which would strengthen its foray into Europe as well as enhance its abilities in the healthcare provider market. Also read: Jainik Power and Cables IPO allotment to be out soon: Here are steps to check status online and GMP The company had previously stated a target of $1 billion in revenue by FY28, which it is still aiming for, Kohli said. 'On an organic basis, we continue to grow as per plan," he said. The company is expecting mid-teens revenue growth in FY26, after high single-digit revenue growth in FY25, Kohli said. While it hasn't yet posted its FY25 results, it clocked revenue of ₹3,536 crore and a profit of ₹350 crore in FY24. GenAI tailwind Kohli sees GenAI as a significant tailwind driving growth, as companies look for cost optimisation solutions. '...today, 25% of our clients give us the opportunity to use GenAI tools. I think in one or two years, 80-100% of our clients will allow GenAI-produced code into their environment," he said. Also read: Aten Papers & Foam IPO Day 1: Check subscription status, GMP, and other details Being a healthcare-focused service provider gives CitiusTech an edge as well, according to Kohli. 'It is a huge advantage being just focused on healthcare because a lot of our clients buy us because of our specialised capabilities. All our investment, all our R&D, all our training goes into healthcare only," he said.
Forbes
26-03-2025
- Health
- Forbes
Generative AI In Healthcare: Innovation Amid Crises
Rajan Kohli, CEO of CitiusTech. Inspiring new possibilities for the health ecosystem with technology and human ingenuity. In conversations with healthcare executives and innovators across the healthcare industry, one sentiment echoes: Healthcare's challenges are as complex as its opportunities are vast. I have had leaders share stories of unrelenting pressure—from operational inefficiencies to skyrocketing patient demand—and how these are compounded by workforce shortages and the rising burden of chronic diseases. Technological innovators in the space race to develop solutions faster than regulations can adapt. Life sciences firms face spiraling R&D costs and a relentless demand for speed in drug discovery and clinical trials. But within these struggles, I believe generative AI has emerged as healthcare's most intriguing disruptor. Reports highlight generative AI's potential to cut R&D timelines, personalize patient engagement at scale and redefine clinical trial design with unprecedented speed and accuracy. It's moving beyond proof-of-concept into actionable transformation. With AI's applications in real-time transcription for electronic health records, automated claims processing and even AI-assisted diagnostics, generative AI is nudging the payer industry toward a more intelligent, agile future. In medtech, the technology is turning clinical workflows into intelligence-driven systems. Ambient listening converts clinician-patient conversations into structured data. In emergency rooms, GenAI can help prioritize cases in real time, enabling life-saving decisions. On top of this, automated billing can reduce delays, and clinical trial recruitment can align patient data with eligibility criteria. It's also revolutionizing drug discovery, research and clinical trials. Using advanced molecular analysis, generative AI can now create digital maps of chemical compounds, predicting interactions with unparalleled accuracy. 'Smart labs' are then able to analyze datasets, predict experimental outcomes and identify novel drug candidates. In clinical trials, generative AI integrates patient health records, genetic data and social factors to design more inclusive, real-world-representative studies. Real-time AI monitoring can flag adverse results early, mitigating risks and controlling costs. Lastly, generative AI is reshaping the provider landscape, delivering impact at every touchpoint. AI-powered diagnostics catch diseases earlier, and robotic surgical systems enhance accuracy. Wearable devices act as proactive health managers, continuously monitoring vital signs. Beyond clinical innovation, this technology can help simplify revenue cycles, automate processes and craft hyper-personalized wellness plans. This isn't just about efficiency or technology; it's a vision for a healthcare system that anticipates and meets patient needs while empowering providers to focus on delivering better outcomes. Yet, challenges like data and algorithmic bias demand countermeasures that include things like AI centers of excellence and fortified cybersecurity frameworks. The true power of GenAI lies in reshaping how payers build trust and deliver value. Data is the lifeblood of these applications of GenAI. However, transforming data into actionable intelligence remains a challenge that stifles innovation and progress. Too often, I see organizations set up foundational infrastructure only to lack bandwidth for the journey from insight to impact. The linear nature of this process delays value realization. Compounding this issue is what I see as an outdated reliance on business intelligence reports as the dominant channel for insight consumption. These static, often overloaded reports can slow decision cycles and constrain business users who must wait for analysts or automated processes to deliver the data they need. In a landscape where agility is everything, I think this method is no longer sustainable. On top of this, as healthcare shifts to cloud environments, costs can spiral. Therefore, organizations must balance scalability with financial discipline. AI-native infrastructures must support seamless transformations, real-time exploration and models that deliver new value. The goal is to refine, scale and deliver intelligence with precision. Organizations that align data with clear outcomes—ensuring readiness for GenAI—are the ones who will be best set up to unlock the transformative power of AI within their ecosystem. On top of the hurdles already outlined, ransomware attacks, data breaches and operational sabotage are rising, targeting interconnected healthcare systems. Healthcare data is unique, permanent and irreplaceable. Unlike financial records that can be reset, medical records are immutable, amplifying breach consequences. The digital sprawl, from wearable devices to AI diagnostics, expands the attack surface, making vigilance essential. As healthcare leaders address these challenges here are some of their approaches: 1. Modern cybersecurity is shifting to AI-powered frameworks for proactive defense. Extended detection and response (XDR) tools can analyze behavioral patterns, predicting and mitigating threats before escalation. 2. Ransomware attacks can paralyze operations, yet robust recovery strategies minimize impact. Resilience demands validated, immutable backups and swift recovery without data compromise. Align with business continuity planning (BCP) to ensure uninterrupted care delivery. 3. Streamlined digital identities minimize compliance gaps. Role-based access control (RBAC) and privileged access management (PAM) limit system access to authorized personnel, reducing risks. 4. As healthcare relies on application programming interfaces (APIs) for interoperability, safeguards must ensure minimal yet secure data sharing. Advanced data masking and encryption can further protect information during inter-system communication. 5. Predictive analytics, real-time threat detection and AI-driven incident response enable faster decision making and better risk management. Tailor your AI-driven managed detection and response (MDR) platforms for healthcare to enhance the protection of critical workflows and patient data. I believe healthcare is facing an existential reckoning that no app, algorithm or device alone can solve. Generative AI offers transformative potential, but only if paired with the infrastructure to turn data into decisions. Data strategies, in turn, are meaningless without robust cybersecurity to safeguard trust. Together, these trends reshape how care is delivered, operationalized and protected. Leaders must act decisively, invest wisely and design with purpose. The healthcare ecosystem will not transform through incrementalism—it demands bold vision and systemic alignment. Those who seize this moment will not only redefine their organizations but also set the standard for the future of healthcare. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
