Indian IT to benefit from Barack Obama's healthcare victory

Indian information technology and back-office companies can look forward to deals worth up to $22 billion (Rs 1.2 lakhcrore) after the US Supreme Court upheld a law designed to bring about far-reaching reforms in the American healthcare sector.

Some 30 million uninsured Americans are expected to buy healthcare insurance because of the reform, and new projects are expected in the form of data conversion, creation and management of electronic health records, as well as claims processing and insurance sales.

Last week, the US Supreme Court upheld the main elements of the Patient Protection and Affordable Care Act, President Barack Obama signature legislative achievement which he signed into law in 2010. (curtsey: economic times)

Rupesh Yatesh Dalal
Head Research Department

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