• The Indian healthcare industry has progressed at an impressive pace over the past few years. The private sector has emerged as a vibrant force in the industry, accounting for almost 74 per cent of the country’s total healthcare expenditure. The Indian healthcare revenue stood at $ 68.4 billion in 2011 and is expected to reach $ 158.2 billion by 2017. Of the total healthcare revenues in the country, hospitals account for 71 percent, pharmaceuticals for 13 percent and medical equipment and supplies for 9 percent. Healthcare is at the brink of an evolution. With more and more healthcare organizations embracing technology, the entire face of healthcare management is soon to get metamorphed. In this changing landscape, the healthcare industry is fast moving towards being characterized by simplified operating environments with easy-to-access real-time information. This will affect the transparency and all aspects of accounting & financial reporting that helps the healthcare organizations in efficient management. Although, managing the IT infrastructure for a healthcare organization is a complex, time-consuming and hectic job. More than 40 percent of the total resolution time is spent on problem isolation and root cause analysis rather than actually solving the problem in any healthcare organization. Automatic audit of the IT infrastructure in real time gives unparalleled visibility into all systems. Additionally, 75 percent of a typical IT budget is spent on just maintaining existing IT operations while 8 percent still rely on spot checks for security. But the situation isn’t as grave as it seems since there are many healthcare IT service providers in the market which, with their innovative solutions, help organizations weather these challenges. Of the entire lot, siliconindia brings out the names of “40 Most Promising Healthcare & Life Sciences Software Companies” which offer solutions to their clients with various innovative ways. With the help of this list, you can single out the company that can best serve your requirements and help your organization function more dexterously.