Explore Business Standard
As the Donald Trump's government remains indecisive on healthcare legislation even after eight months since taking charge, IT services companies remain cautious on growth from healthcare segment. Trump has made repeated efforts to push for repeal or overhaul of the Affordable Care Act or the Obamacare,which brought in millions of poor people under health insurance benefit. IT services major Accenture saw its H&PS segment reporting sluggish growth at a time when the company posted better than average overall industry growth. Accenture reported 8 per cent growth in revenue in Q4 of (fiscal 2017) at $9.1 billion, while its H&PS segment grew 4 per cent.The healthcare business segment consists three major technology service categories such as pharma or life sciences, payer or the health insurance service, and provider or the networks of hospitals and doctors. The payer category, analysts said, has been the most impacted due to uncertainty in concrete plans of the current ...