Summary of Proposed Investment
Project Number
10886
Company Name
Salutia Inc
Date SPI Disclosed
Jun 7, 2001
Country
Argentina
Industry
Health, Education and Life Sciences
Projected Board Date
Jul 15, 2001
Status
Completed
Sector
Other Medical
Department
Gbl Ind, Manufact, Agribus & Services
Environmental Category
C - No Impact
Previous Events
Approved : Jul 12, 2001
Signed : Jan 4, 2002
Invested : Jan 10, 2002
Project Description
Salutia is implementing a proprietary, multichannel, Internet-centric transaction platform, Health24TM, to efficiently and securely process transactions and exchange information among healthcare payers and providers, and eventually, also patients and suppliers. Salutia''s core clients are healthcare payers who determine the initial care eligibility and authorization, therefore experiencing the greatest cost savings from adopting Salutia''s technology platform.
E-health connectivity companies hold tremendous promise both globally and in Latin America. Through connectivity, administrative inefficiencies are reduced and clinical information is improved. The potential of Salutia therefore is not only to reduce healthcare administrative waste, but also to improve the quality of care by giving healthcare professionals more complete, accurate data at the point of care.
Given recent level of skepticism among investors in the area of healthcare information technology and e-health, IFC has an important catalytic role in the project. Also, IFC''s involvement lends additional credibility to Salutia, especially in its dealings with healthcare payers and policy-makers.
E-health connectivity companies hold tremendous promise both globally and in Latin America. Through connectivity, administrative inefficiencies are reduced and clinical information is improved. The potential of Salutia therefore is not only to reduce healthcare administrative waste, but also to improve the quality of care by giving healthcare professionals more complete, accurate data at the point of care.
Given recent level of skepticism among investors in the area of healthcare information technology and e-health, IFC has an important catalytic role in the project. Also, IFC''s involvement lends additional credibility to Salutia, especially in its dealings with healthcare payers and policy-makers.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Mr. Sebastian Popik, CEO
Juan B. Justo 637 - Piso 7
C1425FSA - Ciudad de Buenos Aires, Argentina
tel. 5411 4776-5770
fax 5411 4776-5775
Juan B. Justo 637 - Piso 7
C1425FSA - Ciudad de Buenos Aires, Argentina
tel. 5411 4776-5770
fax 5411 4776-5775