Operations of Millenia Data System gets greenlight

The Board of Investments (BOI) of the Philippines has approved the P20m business process outsourcing (BPO) investment of Millenia Data Systems Inc. The company is involved in the health information management (HIM) business, providing medical coding to individual healthcare facilities and rehabilitation centers in the US. Millenia started with 23 employees when it started in March 2017. It is projected to employ up to 88 workers by 2022. In a statement, the BOI stated the Philippines is in a position to take advantage of the outsourcing boom in the HIM sector. Revenues for the HIM sector in the country were estimated at USD2.4bn, with 118,000 personnel in 2016.