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. Currently, IHX processes over 40% of all cashless health insurance claims in India, handling more than 10 million transactions and $1 billion in claims annually. This acquisition is expected to revolutionize the health insurance landscape by leveraging cutting-edge technology, including artificial intelligence and data analytics, to streamline claims processing and improve customer experience. With the integration of IHX, Perfios aims to expand its presence in the Indian health insurance market, which is witnessing rapid growth driven by increasing demand for digital health services and health insurance software. The acquisition is poised to have a significant impact on the insurance industry, enabling faster and more efficient claims settlement, and setting new standards for health insurance technology and medical billing systems.
