Healthcare IT solutions provider, hCentive opens R&D center in Noida

hCentive, a healthcare IT solutions provider, has opened its new R & D center at Noida. Sanjay Singh, CEO of hCentive inaugurated the new R & D center that can accommodate around 650 employees. The company has made substantial number of hires in the past six months and is looking to hire another 150 soon. The company has seen positive revenue growth, amounting to nearly 333 percent revenue increase in 2011-12. To maintain this momentum, hCentive plans to invest Rs. 500 crore in talent acquisition and infrastructure development in India over the next 5 years.

hCentive solutions are sold exclusively in the U.S. market and clients include three of the top four nationwide health insurance organizations. The states of New York, Colorado & Kentucky have chosen hCentive’s WebInsure State to power their state health insurance marketplaces.hCentive founded in 2009, develops and deploys state-of-the-art solutions that provide consumers with easier access to health benefit products. hCentive is the first company to build a marketplace solution from the ground up, post PPACA (Patient Protection and Affordable Care Act).