Perfios Boosts Health Insurance Claims Tech with Strategic Acquisition of IHX
In a significant move to enhance its health insurance claims technology, Perfios has acquired IHX, a leading platform that bridges the gap between healthcare providers and payers. With IHX on board, Perfios is poised to revolutionise the health insurance landscape in India, where IHX currently processes over 40% of all cashless health insurance claims, translating to more than 10 million transactions and a staggering $1 billion in claims annually. This acquisition is set to leverage the power of digital transformation, artificial intelligence, and data analytics to streamline health insurance claims, making the process faster, more efficient, and customer-centric. By integrating IHX's cutting-edge technology, Perfios aims to improve the overall customer experience, reduce claim settlement times, and increase transparency in the health insurance ecosystem. With the health insurance market in India expected to grow exponentially, this strategic acquisition positions Perfios as a key player in the industry, equipped to meet the evolving needs of healthcare providers, payers, and policyholders alike.
