Perfios, a Bangalore-based B2B SaaS company, has announced its acquisition of IHX, a healthcare information exchange platform.
The acquisition marks the third time within the year that Perfios has brought a company under its umbrella. Earlier in the year, Perios had acquired Clari5 and CreditNirvana. The moves have been made in an attempt to expand Perfios’ offerings in the banking and financial crime management sectors, along with collections and debt management.
“The acquisition of IHX is a strategic leap in our mission to transform the healthcare claims landscape. IHX has long served as the backbone of India’s health claims ecosystem, and we are excited to welcome the IHX team into the Perfios family,” Sabyasachi Goswami, the CEO of Perfios, stated. “By combining IHX’s stronghold in the healthcare ecosystem with Perfios’ deep expertise in data intelligence and analytics, we are poised to drive greater efficiency, reduce claims turnaround time, and elevate the experience for both patients and healthcare providers.”
Mahesh Nagaraj, the Managing Director of IHX, commented, “Joining forces with Perfios marks an exciting new chapter for IHX. The combination of Perfios’ cutting-edge technology stack, advanced decision analytics, and global scale with IHX’s deep domain expertise, unique data exchange platform and trusted network across hospitals and payers sets the stage for our accelerated growth and expanded impact.”
“This partnership enhances the value we bring to our clients, unlocks new opportunities for our team, and deepens our commitment to innovation, transparency, and excellence in health claims management,” Nagaraj added.
Presently, IHX serves as a link between healthcare providers and payers and enables seamless digital integration in the healthcare industry. With over 0 million transactions and $1 billion claims annually, IHX lays claim to 40% of all cashless health insurance claims in India.