e4e offers software for health insurance sector

e4e plans to launch an on-demand type software solution targeted at small overseas commercial health insurance plans covering less than one-lakh individuals. e4e,is a services-on-tap company that allows deployment, management and operation of business process across the enterprise. The company, headquartered in the US has operations in the UK and India also. The company aims to develop a software based on the ‘per member per month’ payment model. Since competitors like IBM, Accenture and Perot Systems have moved to higher plans, concentrating on insurance schemes with over 1-lakh members, e4e  feels that the mid market segment, currently neglected, needs such solutions. The solution will allow patients to choose health insurance plans, help hospitals uate and manage insurance claims without any manual intervention and follow up on payments. The project will be pilot-tested in about 6 months, after which e4e will uate it for commercial adoption. It has also been pointed out that the company had about 5 per cent market share in the $120 million (about INR 480 crore) healthcare payer space. The company aims to have about 10 clients next year and 25 by 2009 for its new solution. To achieve this, e4e may complete an acquisition by the third quarter of next year. The company on its path of expansion is also planning to double its workforce, in the healthcare services division to 2,000 by next year. It is also seeking to set up a centre in a tier-II city in Tamil Nadu. e4e is currently working with a large Indian hospital to develop a healthcare solution for the domestic market. This is the company’s first endeavour to enter the Indian market.


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