Calcutta, Dec.2: US-based Acclaris plans to invest around $40 million over the next three years in infrastructure, software development and expanding its sales team.

The company expects its revenues to touch $25 million this year, against $20 million in 2010, and reach $52 million in the next three years.

Acclaris sees good growth in the consumer driven healthcare (CDH) segment. CDH allows members to use personal health savings accounts, health reimbursement accounts or other medical payment products to pay for routine healthcare expenses directly, while a high-deductible health insurance policy protects them from catastrophic medical expenses.

The company garners around 75-80 per cent of its revenues from this segment.

“The amount we intend to invest will be generated from our cash reserves. We will not need external borrowing for this. Over the past six months we have had greater investments in developing infrastructure,” said Robert Lopes, CEO of Acclaris.

“In the last two years, Acclaris has invested 20 per cent of the profits earned. We sell our services to outsourcing agents of healthcare and healthcare providers and India’s contribution to global revenues is about 90 per cent,” he said.

The global economic uncertainty has had a positive impact on Acclaris’s business. “We can do better when the economy is down because this forces organisations to take to cutting costs. Hence, there is a move towards high deductible health plans from traditional ones,” Lopes said.