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Investing.com - Nomura/Instinet initiated coverage on Inventurus Knowledge Solutions (IKS:IN) stock with a Buy rating and set a price target of INR2,000.00.
The research firm cited the complexity of the US healthcare industry, which includes healthcare providers, insurance companies, clearing houses, and private equity firms, as a key factor in its assessment.
Nomura noted that the US healthcare sector faces significant cost pressures and regulatory demands to reduce expenses, creating demand for integrated care-enablement platforms that help physicians deliver better and more efficient care.
The firm highlighted the need for solutions that address cost, quality, and access challenges faced by providers and healthcare systems in a sector that is "lagging in tech modernization."
According to data referenced by Nomura, Zinnov expects the outsourced healthcare provider-centric technology solutions market to grow at approximately 12% CAGR from 2023 to 2028, reaching USD59 billion.
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