Urgent.News

What's breaking now, across thousands of outlets.

World

Turning job loss into opportunity: Ex-staff of CorroHealth to launch cooperative venture in Keralam

Inspired by the history of Indian Coffee House, the technology enterprise owned and operated by the professionals who work in it will focus on health-care IT and medical coding

Turning job loss into opportunity: Ex-staff of CorroHealth to launch cooperative venture in Keralam

The proposed 'Health Care IT & Revenue Cycle Co-operative Society' aims to transform the job losses experienced by former CorroHealth employees into a collective enterprise in Keralam. With over 800 professionals affected when CorroHealth shut down earlier this year, the venture seeks to create employment opportunities for those still seeking work.

The cooperative model, inspired by the success of Indian Coffee House, will enable members to collectively own and operate a technology enterprise specializing in health-care IT, medical coding, billing, and related services. The founders believe this initiative could extend beyond the conventional activities of credit and thrift cooperatives, providing opportunities for fresh graduates, women returning to the workforce, and skilled professionals in smaller towns.

Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thehindu.com →

More in World

More from Thursday 29 October →