Healthcare revenue management player Visionary RCM today said it has received funding of Rs 15 crore from venture capital firm IndoUS Venture Partners for undertaking acquisitions in the US market.
"US healthcare (sector) offers huge opportunities for organic and inorganic growth. Our focus is on creating brand equity for Visionary RCM (VRCM) in the healthcare services space and partnering with IndoUS Venture Partners (IUVP), would help us in working towards our vision," VRCM Chief Executive Officer Rajesh Surana said in a statement.
The company is aiming to tap new markets besides, increasing its footprint in India, where it plans to create 300 new jobs by next year, it added.
