Sean Narayanan to lead healthtech firm Emids

BENGALURU: Healthcare technology company Emids has appointed Sean Narayanan as CEO and board member. Its founder and CEO Saurabh Sinha has been elevated as chairman.
Narayanan previously led digital services firm Apexon. Prior to that, Narayanan was SVP and CEO of the $5 billion business and platform solutions division of French IT firm Atos.
Emids, backed by US investment firm New Mountain Capital, offers services in high-end consulting, product engineering services, data, AI and automation, and products.The company’s proprietary data management platform CoreLake and rapid health innovation platform MHCTM have seen a surge in client adoption in the past two years. New Mountain Capital acquired Emids in 2019 for an undisclosed sum. The company provides a gamut of services including clinical data engineering, custom software development, data analytics and integration, and business intelligence solutions.
Narayanan said the healthcare and life sciences sector is shifting to value-based care and increasing digital engagement to make healthcare accessible and affordable. “We are gaining a lot of traction in building technologies for payers. We have a hiring pipeline of 1,200 people. The healthcare sector is resistant to recession. We have a presence in Eastern Europe, Canada and the US, but we will double our India base,” he said. Narayanan, however, did not specify the timelines.
Emids has around 2,500 employees based here, out of the 3,500 people globally. Sinha said it is assisting healthcare payers build state-of-the-art patient experience systems leveraging analytics and agile pods to drive better outcomes. “We participate in the change and build businesses that result in higher margins. We grew at a 30% CAGR in the last five years. We don’t see a significant softness in the industry as customers are leveraging digital engineering to improve customer experiences and outcomes,” he said.