Firstsource Solutions shines after acquiring PatientMatters

23 Dec 2020

Firstsource Solutions is currently trading at Rs. 79.50, up by 3.95 points or 5.23% from its previous closing of Rs. 75.55 on the BSE.

The scrip opened at Rs. 76.80 and has touched a high and low of Rs. 80.50 and Rs. 76.80 respectively. So far 474425 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 81.75 on 17-Dec-2020 and a 52 week low of Rs. 20.65 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 81.75 and Rs. 66.50 respectively. The current market cap of the company is Rs. 5540.01 crore.

The promoters holding in the company stood at 53.82%, while Institutions and Non-Institutions held 21.13% and 25.04% respectively.

Firstsource Solutions has acquired PatientMatters, a healthcare Revenue Cycle Management (RCM) solutions provider. PatientMatters unifies disparate registration, bill estimation, and financial services with intelligent workflows and eligibility services, improving revenue realization for Hospitals. The acquisition complements Firstsource’s Provider Business on two dimensions: strengthening presence in large markets like Texas and New York and adding new capabilities of pre-authorization and patient bill estimation at the front-end of the RCM cycle.

Firstsource Solutions is a global provider of business process management services.

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Firstsource Solution Share Price

129.65 2.65 (2.09%) May 18, 16:59
1 Year Price Chart
Peers
Company Name CMP
Hinduja Global Soln. 1675.00
eClerx Services 1196.95
Info Edge 4455.00
Firstsource Solution 129.65
Vakrangee 50.80
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Sensex vs Firstsource Solution
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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