Persistent Systems announces Physician & Patient Relationship Management Salesforce Fullforce Solution

Developed to improve physician referral, care coordination and to enhance the overall patient experience, the suite of accelerators spans the broad patient experience spectrum, providing faster and more predictable deployments of Salesforce’s suite of cloud-based solutions for the healthcare industry.

Persistent Systems announced the release of the Persistent Systems Physician & Patient Relationship Management Salesforce Fullforce Solution. Developed to improve physician referral, care coordination and to enhance the overall patient experience, the suite of accelerators spans the broad patient experience spectrum, providing faster and more predictable deployments of Salesforce’s suite of cloud-based solutions for the healthcare industry.

Developed by Persistent Systems, in collaboration with numerous providers since 2014, this mobile-enabled Fullforce Solution built on the Salesforce Service Cloud enables healthcare providers to fill critical gaps in patient acquisition, referral, engagement, care transition, coordination and discharge. By providing an agility layer around existing and siloed EMRs and related applications, disparate processes and traditionally siloed data, this suite of accelerators is a significant step in driving unified physician-provider-patient engagement and care transition.

The power of digital is transforming the relationship between patients and healthcare providers, as Father Martin’s Ashley, a national leader in the treatment of alcoholism and chemical dependence, is demonstrating.

"Our mission at Father Martin’s Ashley is to care for the whole person, and to that end we knew we needed a more holistic view into all the services we’re providing our patients. Our goal was to tie in referrals, admissions, and wellness to provide better and more efficient treatment. Updating legacy systems wasn’t the answer, going digital was clearly the way for us,” says Peter Bilsky, CIO, Father Martin's Ashley.  “Working with Persistent to deploy their healthcare accelerator suite on Salesforce across our teams we’re now able to bring together campaign management, marketing KPI dashboards, referral management and CRM functionality in one place.  This allows us to significantly improve our outreach to prospective patients and families, streamline onboarding and improve the effectiveness of our readmissions and wellness programs so that our patients can live productive, healthy and happy lives.”

Salesforce [NYSE: CRM] recently named Persistent Systems to its ecosystem of partners supporting the development and deployment of Salesforce Health Cloud. The next release of Persistent Physician & Patient Relationship Management Fullforce Solution will be extended to leverage the new capabilities in Salesforce Health Cloud.

Features

For patients, Persistent’s Salesforce Fullforce Solution will improve their experience before, during and after care. For physicians, the solution streamlines interactions with providers and improve visibility around referrals. For care providers, it will help boost revenues from physician outreach, generating a continuous flow of referrals and improve efficiency.

Persistent’s Salesforce Fullforce Solution helps address several critical challenges today and provide a broad range of quantifiable benefits that include:

●     Improved Physician outreach effectiveness and referrals

●     Increased competitiveness and revenues of domestic and international concierge programs

●     Seamless patient onboarding and patient qualification workflows

●     Enhanced care team productivity, communication and collaboration

●     Real-time alerts and remedial actions for rounds and grievance management

●     Stronger patient adherence/lower readmits from proactive follows

●     Higher HCAHPS by streamlining end to end patient experience

“Persistent Systems has been recognized as a Salesforce Fullforce Solution partner to transform how companies connect with their customers in healthcare,” comments Kori O’Brien, vice president of global alliances and industry solutions, at Salesforce. “This is a great example of how we work closely with Salesforce Fullforce Solution partners to ensure our customers, who are doing such critical work for their patients, benefit from our partner’s industry expertise with Salesforce’s Customer Success Platform. We look forward to the upcoming release of the suite of accelerators to augment Salesforce Health Cloud.”

Yesh Subramanian, SVP Digital Business Solutions added, “We’re leveraging the breadth and depth of capabilities of the Salesforce platform with Persistent’s health-care specific agile product development and configuration capabilities to provide an end-to-end patient engagement and mobile-enabled care coordination solution. Father Martin’s Ashley is a great example of how the healthcare experience can be transformed and we’re proud they placed their trust in us. The accelerator suite has been a direct result from our working closely with Salesforce’s field to deploy solutions to providers and systems across the country.”

Deccan Gold Mine hits 5% upper limit

The scrip opened at Rs. 29.9 and has touched a high and low of Rs. 32.15 and Rs. 29.2 respectively,

Deccan Gold Mine hits 5% upper limit to Rs.31.10. The stock is currently trading higher by 7.2%  at Rs. 31.35 on BSE.

The scrip opened at Rs. 29.9 and has touched a high and low of Rs. 32.15 and Rs. 29.2 respectively. So far 391,883 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 259.82 crore.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 71.38 on 05-Aug-2015 and a 52 week low of Rs. 21.3 on 23-Mar-2015. Last one week high and low of the scrip stood at Rs. 29.25 and Rs. 25.5 respectively.

The promoters holding in the company stood at 29.27 % while Institutions and Non-Institutions held 7 % and 63.73 % respectively.

The stock is currently trading below its 200 DMA.

ITC dips 1.6% on block deal

Around 10 lakh shares were traded in a single block at Rs. 338.75 on the NSE.

Shares of ITC were trading lower 1.6% at Rs. 338 on NSE today. Around 10 lakh shares were traded in a single block at Rs. 338.75 on the NSE. 

The scrip opened at Rs. 342 and has touched a high and low of Rs. 342 and Rs. 337.7 respectively. So far 32,56,756 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 275593.33 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 409.7 on 28-Feb-2015 and a 52 week low of Rs. 294.5 on 15-Jun-2015. Last one week high and low of the scrip stood at Rs. 350.8 and Rs. 338.95 respectively.

The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 55.81 % and 43.94 % respectively.

The stock is currently trading above its 50 DMA.

Cape of Good Hope! Government may scrap 1% inter-state tax in proposed GST

Congress had expressed its reservations on the bill saying that there are three major points that needs to be looked upon: 1% tax for manufacturers, the constitutional cap of 18 percent for GST rate and an independent dispute resolution mechanism for GST. Unless the government responds to these, they are unwilling to accede to the passage of the bill.

There is hope in the air for a conciliation between the government and the opposition on the stalemate of Goods and Service Tax (GST), as news reports have emerged that the government is planning to scrap 1% tax on interstate sales, which was proposed to compensate manufacturing states such as Maharashtra, Gujarat and Tamil Nadu , according to reports.

The purpose of 1% additional tax is to compensate the manufacturing States for loss of revenue while moving to GST.

Congress had expressed its reservations on the bill saying that there are three major points that needs to be looked upon: 1% tax for manufacturers, the constitutional cap of 18 percent for GST rate and an independent dispute resolution mechanism for GST. Unless the government responds to these, they are unwilling to accede to the passage of the bill.

GST has been the single largest taxation reforms measure to be undertaken since independence, and the BJP government has been fighting hard to broker a deal with all the parties. "We are making efforts for its passage. The public mood is almost one-sided in favour of the GST," Parliamentary Affairs Minister M Venkaiah Naidu told reporters.

The panel on GST, headed by Chief Economic Adviser Arvind Subramanian, is likely to recommend a rate around 18%. It is estimated that once implemented, it will increase the GDP by 1-2%.

India Inc. has also been hopeful that the bill sees the light of day in the ongoing session of the parliament. New ASSOCHAM President Sunil Kanoria  said it is time lawmakers across parties passed the Constitutional Amendment Bill on GST without further delay.  This would send a strong signal to investors that India’s economy can overcome serious global and domestic challenges with political will. He said GST can be a “Brahmastra” for the Indian economy against a very difficult global economic scenario, affected by demand slowdown, uncertain geo-political situation after the Paris terror attacks, and an unprecedented crash in vital commodities. 

IT companies' hiring may touch 2.75 lakh this year: NASSCOM

The growth in IT industry's revenues is largely due to adoption of ‘disruptive’ technologies in terms of automation and knowledge-based workforce coming into the sector, Reddy said.

Hiring by the Information Technology (IT) companies would be about 2.75 lakh during the current fiscal year, while the overall industry may grow by USD 20 billion, according to NASSCOM.

“Business will grow by 12 per cent to 13 per cent. We are confident about that, depending on where the dollar and Rupee would go. In terms of people, it (hiring) is 2,75,000," NASSCOM Chairman BVR Mohan Reddy said on Thursday on the sidelines of a programme organised by IIT-Hyderabad.

In June, Reddy had indicated that IT sector hiring this year would be about 2.3 lakh.

“But if you compare it with the previous years, we will probably add about USD 20 billion extra revenue this year. Last year, we only added about USD 16 billion”, he added.

Reddy said on Thursday that the growth in IT industry's revenues is largely due to adoption of ‘disruptive’ technologies in terms of automation and knowledge-based workforce coming into the sector.

NASSCOM recently said that the Indian IT services industry is on track to reach its goal of USD 225 billion in revenues by 2020 and further to touch revenues of USD 350 billion by 2025.

Rupee plunges by 30 paise; nears 67/$

The currency touched a high and low of 67.15 and 67.21 respectively.

The Indian rupee opened lower by 30 paise at 66.91/$ in early trade on Friday. On the domestic front, Nikkei/Markit India Services PMI survey revealed that India's services industry struggled during November as firms remained pessimistic about business prospects. Services PMI index fell sharply to 50.1 from October's level of 53.2. In addition, markets dwelled on the reinforced perception of a US Fed rate hike. Fed Forward rate curves are now suggesting 79% probability of 25 basis points move on the rates.

In international markets, Euro has skyrocketed to 109 levels against the greenback, responding to the European Central Bank's latest policy easing measures. ECB has cut its deposit facility rate to  ‐0.3% from ‐0.2%. Mario Draghi also elaborated that the monthly bond buying programme will be extended till March 2017. However, some of the market participants remain disappointed as the central bank did not increase the quantum of government bonds ECB buys each month. There is a popular opinion that the central bank needs to do more in order to avert the Euro region from the pangs of deflation.

On Thursday, Indian rupee ended at 66.65/$, lower by 4 paise from its previous close of 66.59/$ on Wednesday. The currency touched a high and low of 67.15 and 67.21 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.75 and for Euro stood at 70.66 on December 03, 2015. While, the RBI’s reference rate for the Yen stood at 54.08, the reference rate for the Great Britain Pound (GBP) stood at 99.6102

SpiceJet, SeQuent Scientific, Dena Bank among 15 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

SpiceJet: Budget carrier SpiceJet will raise up to Rs. 5,000 crore debt in order to expand its fleet, according to the company's Annual Report.

Tata Chemicals Ltd: The company has dropped the plan to sell its fertilizer business, as no major buyer has shown interest in the price that the company was quoting, reports a business daily.

Ujaas Energy: The company has bagged EPC order of 10 MW Canal Bank Grid Connected Solar Photovoltaic Power Plant at Vadodara, Gujarat and its operations and maintenance for 25 years as issued by Sardar Sarovar Narmada Nigam. The approximate amount of the work is around Rs. 91.78 crore.

Scooters India: Scooters India, of which 93.74% stake is owned by government, has decided to sell the company, and will chart out a plan in the coming week, as per media reports.

Surana Telecom and Power Ltd: The company has informed BSE that Aryavaan Renewable Energy Private Limited a Subsidiary of the Company has entered into Power Purchase Agreement (PPA) for supply of 5MW Solar Power with Uttar Pradesh Power Corporation Limited (UPPCL), Lucknow.

Reliance Infra: As many as six investors, including private equity (PE) firms and cement companies have bid for Reliance Infrastructure’s 5.6-million-tonne capacity cement assets, reports a business daily. 

TCS: Tata Consultancy Services has been recognised as a “Leader” and “Star Performer” in Life Sciences Outsourcing by leading consulting and research firm, Everest Group, in its report, “IT Outsourcing in European Life Sciences Industry Service Provider Landscape with PEAK Matrix Assessment 2015.”

Azure Power: The company has announced that the company signed 150 MW of solar power implementation agreement with the Punjab Energy Agency under the State’s Solar Policy Phase III.

Tech Mahindra Ltd: The company has announced the launch of its 'Sarai Rozgar' service for Southeast Asia and Middle East countries. As part of the initiative, the Company has introduced job cards of Rs.500 for international markets and Rs.100 for domestic market.

SeQuent Scientific Limited: The company announced that Alivira Animal Health Limited ("Alivira"), its subsidiary, has forayed into the European Veterinary Pharmaceutical markets through acquisition of three companies - N-Vet AB, Fendigo SA & Fendigo BV. 

Cipla: Cipla, a global pharmaceutical company announced today that it has launched a novel 5-in-1 anti-ageing skin care product Cutisera developed by Stempeutics.

Titan: Titan has decided to start the retail operation of its joint venture with global luxury brand Montblanc International, the company informed BSE on Thursday.

Dena Bank: The bank has received board approval to dilute government stake to 52 per cent from the current 65 per cent. The bank will now approach the government to obtain necessary approval.

Shree Cement Ltd: The company has announced that it is planning to buy Bhilai Jaypee Cement, as per media reports.

Ajanta Pharma: The pharma company has launched its generic Montelukast Sodium tablets used for treatment of asthma and seasonal allergies in the American market.

Gayatri Projects: The company has redeemed the third and final tranche of its debentures, including interest and principal on the maturity date December 1, 2015. These NCDs were issued in the year 2010-11. The value of this tranche amounted to Rs. 2,080 lakh.

Gravita India Ltd: The company has announced that it has acquired 8.38 acres land In Chittoor, Andhra Pradesh for expansion.

Salzer Electronics Limited: Salzer Electronics, a leading manufacturer of Electrical, Electronics & Allied in India has got listed on the National Stock Exchange. This came in to effect from December 2nd, 2015. 

Cosmo Films: The stock could see action as it considers raising funds through Qualified Institutional Placement of equity shares.

GMR Infrastructure: Gmr Infrastructure will mull fund raising today.

Nestle India: The FMCG company could see some interest as it considers a second Interim Dividend.

Radha Madhav Corp: The company will look at issue of warrants and equity shares on preferential basis to the promoters.

Sensex, Nifty to fall at start

Global cues are weak. Developments on the GST front will be closely tracked. Cosmo Films could see action as it considers raising funds through Qualified Institutional Placement of equity shares. GMR Infrastructure will mull fund raising today. Nestle India could see some interest as it considers a second Interim Dividend.

ECB has cut its deposit facility rate to -0.3% from -0.2%. Mario Draghi also elaborated that the monthly bond buying programme will be extended till March 2017. However, some of the market participants remain disappointed as the central bank did not increase the quantum of government bonds ECB buys each month. Popular opinion suggests that the central bank needs to do more in order to avert the Euro region from the pangs of deflation. Euro has skyrocketed to 109 levels against the greenback, responding to the European Central Bank's latest policy easing measures.

The outlook is a fall at start. Global cues are weak. Developments on the GST front will be closely tracked. Cosmo Films could see action as it considers raising funds through Qualified Institutional Placement of equity shares. GMR Infrastructure will mull fund raising today. Nestle India could see some interest as it considers a second Interim Dividend. Radha Madhav Corp will look at issue of warrants and equity shares on     preferential basis to the promoters. The Indian rupee could again see some weakness.

The government is planning to scrap 1% tax on interstate sales, which was proposed to compensate manufacturing states such as Maharashtra, Gujarat and Tamil Nadu, according to reports.

The government may keep rates reasonable so that any inflationary impact of the tax is contained, says a report.

Approximately 2.7 million trucks are facing the prospect of being dumped from April next year as the Government plans to cap the life of commercial vehicles (CV) at 15 years, according to various media reports.

“We are going to make 15 years the end of life for all commercial vehicles,” Vijay Chhibber, Secretary, Ministry of Road Transport & Highways has been quoted as saying.

As many as six investors, including private equity (PE) firms and cement companies have bid for Reliance Infrastructure’s 5.6-million-tonne capacity cement assets, reports a business daily.

Veteran telecom industry executive and former CEO of Orange SA, Sanjiv Ahuja is in race to buy Anil Ambani led Reliance Communication's (RCom) telecom towers arm Reliance Infratel, according to reports.

Quikr, India’s No. 1 cross category classifieds business, has acquired realtycompass, a real-estate analytics platform which helps end consumers and investors in the decision making process by providing builder ratings & detailed project analysis. Founded by Nimesh Bhandari, Sankara Srinivasan and Alok Mishra in 2013, realtycompass will now be a part of QuikrHomes.

External demand weakness and a slower-than-expected pace of enacting key reforms are holding back India’s growth acceleration, with the pace in 2015 now seen at 7.4%, down from 7.8% forecast earlier.

Budget carrier SpiceJet will raise up to Rs. 5,000 crore debt in order to expand its fleet, according to the company's Annual Report.

Jet Airways, India’s premier international airline, has received approvals from the Directorate General of Civil Aviation for CAT II authorisation of its ATR 72 – 500/600 fleet for low visibility operations (LVO). The CAT II authorisation from the DGCA makes Jet Airways the first Indian airline to receive these approvals for turboprop aircraft operations.

Indian equity market recorded biggest single-day percentage drop since November 18, 2015, after the US Federal Reserve Chair, Janet Yellen, signalled at moving ahead with an interest rate hike in its last monetary policy for the year.

India's economy will grow at 7.4% in the current fiscal, which will further improve to over 8% in 2016-17, Standard & Poor's Ratings Services reportedly said. S&P added that significant reforms are required with Indian corporates and banks currently facing a weak operating environment.

The process of auction of mines is moving fast and is to start soon. 5 states have issued notice for inviting auctioning for mines in 28 blocks for major minerals” announced, Minister, Mines and Steel Narendra Singh Tomar, while delivering his inaugural address on the interactive session on encouraging Exploration in India.

A total of 16 mining projects of Coal India have received green nod in the current fiscal, Parliament was quoted as saying.

Considering the growing significance of RRBs in pursuit of financial inclusion agenda, RBI has decided to revise the priority sector guidelines for RRBs.