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Interswitch acquires 60% stake in eClat November 06, 2019
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INTERSWITCH Limited, a payment digitization firm,  has acquired eClat Healthcare Limited to improve healthcare delivery in Africa. The deal involves Interswitch acquiring a 60 per cent  stake in eClat through the purchase of shares from current shareholders and subscription to new shares issued by the company.

(Founded in 2012, eClat Healthcare Limited specializes in assisting healthcare service providers in planning, designing and operating their unique practices through the deployment of its bespoke healthcare technology platform, designed specifically for the healthcare environment in Africa.

eClat’s healthcare technology platform, consists of a core e-Clinic software (including electronic billing, immunization, ante-natal and care pathway functions), as well as a variety of additional specialist modules. Prior to the acquisition, eClat’s platform had become a leading Electronic Health Record (EHR) platform used in over 250 public and private healthcare facilities in Nigeria.

Founder and Group Managing Director/Chief Executive Officer of Interswitch, Mitchell Elegbe, said: “We are a technology company that is innovating to deliver value across sectors that are critical to Africa’s social and economic development, our acquisition of eClat demonstrates strong progress along this strategy and alignment with our corporate vision”.

(Co-founder/CEO of eClat Healthcare Limited, Wallace Ogufere stated “The growing adoption of value-based care, combined with the increasing level of usage of patient portals across the industry, has made it critical to take a new approach to patient engagement solution design in Nigeria. We expect to tightly integrate the eClat capabilities into the Interswitch platform, adding functionality that would enable providers to reach their entire patient populations by leveraging existing patient contact information”

By THE PUNCH