Bengaluru, 31 May 2024— Fornax Corporate Services (Fornax) is excited to announce the successful acquisition of Healthcare RCM Business Segment of Exterprise a provider of a comprehensive range of RCM services with presence in United States and India.
By acquiring Exterprise’s Healthcare RCM business, Fornax is entering into the Business Process Management services and expanding its offerings in key areas of Business Service Platform. This integration of advanced services will empower Fornax to provide even greater value to its clients and solidify its position in the market.
Subrata Nag, Founder & CEO of Fornax Corporate Services, spoke about the acquisition: “We are thrilled to welcome the talented team from Exterprise Services into the Fornax family. This acquisition represents a pivotal step in our growth strategy, allowing us to enter into the Business Process Management sector. With this transaction, we are expanding our capabilities. in Revenue Cycle Management and Claims Processing. We look forward to collaborating with the experienced management and employees of Healthcare RCM business to achieve our shared vision for the future.”
Mr. Prabhu (PK) Karunakaran, Founder & CEO of Exterprise LLC, shared his views on the acquisition by Fornax Corporate Services:
“Pleased that our RCM business is a now part of the Fornax family and we are confident that synergies created by the combined businesses will bolster and broaden the combined portfolio while delivering quality solutions on a global scale.”
About Fornax Corporate Services:
Fornax, backed by Carpediem Capital, is a digitally driven Business Services/BPM platform that started operations in 2022. Through its 27,000+ employees, Fornax offers a wide range of services to its 100+ customers, including staff augmentation, IT staffing/services, gig workforce, Engineering Services, BPM, and others.