Kkr Invests In Healthcare Revenue Solutions Provider Infinx

By Author: otis
Total Articles: 346
Comment this article

KKR, a renowned global investment firm, and Infinx Services Private Limited, an AI-driven healthcare revenue cycle solutions provider, have recently announced a significant development. A KKR-managed fund has acquired a substantial minority stake in Infinx, with the participation of Norwest Venture Partners, an existing shareholder. This strategic investment is aimed at leveraging KKR's extensive expertise in healthcare and technology to propel Infinx's growth, expand its network, and facilitate bolt-on acquisitions.

Infinx, established in 2012 by Sandeep and Jaideep Tandon, is dedicated to offering innovative, data-driven revenue cycle management solutions, primarily focusing on the US healthcare market. Through its Healthcare Revenue Cloud platform, Infinx provides end-to-end revenue cycle management utilizing AI, automation, payer integration, and workforce management. The company currently supports 172,000 healthcare professionals across 4,000 facilities, including ambulatory, acute care, and post-acute care providers. In addition, Infinx serves over 400 healthcare organizations, including hospitals and outpatient ...
... providers. In 2023, Infinx was recognized as a top revenue cycle management (RCM) vendor by Everest Group and Black Book Research.

Akshay Tanna, Partner and Head of India Private Equity at KKR, emphasized the pivotal role of digital transformation in enhancing productivity and streamlining complex processes. Tanna expressed utmost confidence in Infinx's comprehensive suite of tech-enabled offerings and its exceptional management team. He further highlighted KKR's unwavering commitment to augmenting Infinx's scale and capabilities, thereby supporting its growth and fostering innovation.

Jaideep Tandon, the CEO of Infinx, expressed great enthusiasm about the collaboration with KKR, commending their vast experience in the global healthcare and technology sectors. Tandon underscored Infinx's leadership in healthcare revenue cycle management and its early adoption of automation and AI technologies. With the support of KKR, Tandon aims to expedite Infinx's growth trajectory, continue investing in groundbreaking solutions, and enhance the financial well-being of healthcare providers.

Read More - https://www.techdogs.com/tech-news/business-wire/kkr-invests-in-healthcare-revenue-solutions-provider-infinx