Omega Healthcare will invest $30 m in expansion

Bengaluru-based Omega Healthcare Management services will invest ₹190 crore ($30 million) to expand its operations in India in next three years.

Gopi Natarjan, Co-founder and Chief Executive Officer, told BusinessLine that the company will spend the money to increase the number of seats it has in various locations in the country and hiring more employees. It is expanding its Bhimavaram operations from 400 seats to 1,000 and is adding 700 seats in Tiruchi, where it will hire 1,300 by next year, he said.

In addition, Omega Healthcare is looking to acquire technology start-ups, especially in the field of deep-learning to expand its technology portfolio. Recently, the company acquired WhiteSpace Health, an analytics start-up, that will help its clients improve their operational efficiency and financial performance.

Natarajan said technology will be the major differentiator in the coming years, for it is not only about how fast you can deliver but also based on accuracy and predictability. To tap this opportunity, the company is now looking at small-size technology start-ups in India and overseas that can add value to its product portfolio.

Focus on technology aside, clinical care management is another area the company is betting on. Demand for clinical management services is on the rise as the focus of hospitals is now on quality of care, especially post-operative care.

He said, “The segment has a huge potential to grow.” To cater to this demand, the company has established two offices in the Philippines and employs around 700.

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