UST Global Acquires Contineo Health to Advance Digital Healthcare Solutions

VCBeat (WeChat ID: vcbeat) learned from foreign media that on November 13, 2019, local time, UST Global, a provider of digital solutions, announced the acquisition of Contineo Health, a healthcare technology consulting firm specializing in optimizing electronic health records (EHRs). Financial details of the transaction were not disclosed.

It is reported that UST Global’s acquisition will facilitate the development of comprehensive end-to-end business solutions, enabling seamless communication between patients and healthcare providers. This initiative aims to ensure access to higher-quality medical services for patients while reducing their healthcare costs.

Jaffry Mohammed, Senior Vice President and Head of Healthcare at UST Global, stated, “Our acquisition of Contineo Health will further strengthen UST Global’s capabilities to serve our clients during the transformation of the healthcare ecosystem.”

Mohammed continued, “Through strategic acquisitions and partnerships, we will sustain our industry-leading capabilities, ultimately serving our customers and all healthcare consumers.”

Raj Gorla, CEO of Contineo Health, stated, “Contineo is delighted to become part of the UST Global family. Leveraging UST Global’s scale and influence, we are able to enhance our healthcare value proposition and expand our medical solutions, thereby driving the transformation toward a value-based healthcare ecosystem and achieving equity between patients and healthcare providers.”

UST Global is a leading digital technology solutions company that provides advanced digital services to large private and public enterprises worldwide. Its clients include Fortune 500 companies in sectors such as banking and finance, insurance, healthcare, retail, manufacturing, transportation, technology, semiconductors, and telecommunications.

Contineo Health is a medical technology consulting firm specializing in the optimization of electronic health records (EHRs) and the development of value-based care system models. By mining, analyzing, and integrating health data, Contineo aims to improve care quality, health outcomes, and patient engagement, while reducing rising healthcare costs.

(Compiled by: Hu Lushuang)