Date:10/01/2007 URL: http://www.thehindu.com/2007/01/10/stories/2007011011501810.htm

Business - Briefly

HOVS assigned over $700 million receivables

CHENNAI: The Pune-based BPO service provider, HOV Services has been assigned for collections of over $ 700 million of face value healthcare receivables in the Accounts Receivable Management (ARM) vertical. The addition of this portfolio increases the total debt assigned to HOVS for collections in the ARM vertical to over $3.25 billion, says a release.