NEW DELHI: Soon, all health insurance claims will be processed by hospitals and insurance companies through a single window – the National Health Claims Exchange (NHCX). Health ministry sources told TOI the NHCX, developed by the National Health Authority (NHA), is ready and under trial at present. “NHCX will have a standardised format to be … Read more
ET Intelligence Group: Bengaluru-based Medi Assist Healthcare Services, India’s largest third-party administrator (TPA) for health insurance claims, is rolling out a ₹1,172 crore offer for sale wherein some promoters are diluting their stake. The offer represents 41% of the post-issue paid-up capital of the company. Business: Incorporated in 2000 and backed by Bessemer Health Capital … Read more
MUMBAI: Medi Assist the largest third-party administrator handling nearly a fifth of all health insurance claims in the country is set to become the first TPA listed on the bourses. Following its recent acquisition of Raksha TPA, the company has filed a draft red herring prospectus, a document that introduces a new business to investors, … Read more