It was the 3rd of September, 2007. Amit Gupta’s first day as Chief Financial Officer of OptimaCare Ltd. There was much to look forward to in his new assignment. OptimaCare was one of the largest suppliers of healthcare equipment in the world, employing more than 30,000 people in over 120 countries. It was a key business unit of a leading global electronics and engineering company renowned for its innovative products and services, ranging from leading- edge cancer treatment equipment, to IT solutions that optimized workflow, minimize billing errors, and increase efficiency in hospitals, clinics and doctors’ offices. In addition to massive investments in existing business units, over the past decade OptimaCare had acquired a broad array of companies that strengthens its position as a complete healthcare solutions provider. This forward- thinking strategy had resulted in a 6% increase in sales, a 15% increase in orders, and more than one billion euros in profit (for the 2006 fiscal year) for the organization.
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