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Medi Assist acquires Paramount Health Services

PRIVATEJul 01, 2025

Acquiring Company

Medi Assist Healthcare Services Limited

Acquired Company

Paramount Health Services

KarnatakaMumbaiHealth CareEmployee BenefitsInsuranceHealth CareEmployee BenefitsInsurance

Description

Medi Assist Healthcare Services Limited has successfully acquired Paramount Health Services, integrating their operations into a unified health benefits management business. This acquisition is aimed at streamlining claim processes and enhancing service delivery for both entities. The integration is expected to fully materialize in the upcoming quarters.

Quick answer

Medi Assist Healthcare Services Limited is acquiring Paramount Health Services, announced July 1, 2025. Medi Assist Healthcare Services Limited is based in Karnataka, India.

How much did Medi Assist Healthcare Services Limited pay for Paramount Health Services?
The deal value was not disclosed.
What does Medi Assist Healthcare Services Limited do?
Medi Assist Healthcare Services Limited is a leading health benefits management company in India.
Where are Medi Assist Healthcare Services Limited and Paramount Health Services based?
Medi Assist Healthcare Services Limited is based in Karnataka, India. Paramount Health Services is based in Mumbai, Maharashtra, India.

Source: Fundz verified event record.

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Company Information

Company

Medi Assist Healthcare Services Limited

Location

Karnataka, India

About

Medi Assist Healthcare Services Limited is a leading health benefits management company in India. It offers a range of services including health insurance claim settlement and management solutions. The company aims to provide a seamless experience for healthcare stakeholders using technology-driven services.

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Frequently asked

Who acquired Paramount Health Services?

Paramount Health Services was acquired by Medi Assist Healthcare Services Limited, based in Karnataka. The deal was reported on July 1, 2025. Medi Assist Healthcare Services Limited is a leading health benefits management company in India. It offers a range of services including health insurance claim settlement and management solutions. Medi Assist Healthcare Services Limited is privately held and operates in Health Care.

When did Medi Assist Healthcare Services Limited acquire Paramount Health Services?

Medi Assist Healthcare Services Limited's acquisition of Paramount Health Services was reported on July 1, 2025. Medi Assist Healthcare Services Limited has successfully acquired Paramount Health Services, integrating their operations into a unified health benefits management business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Paramount Health Services do?

Paramount Health Services is a third-party administrator (TPA) that manages health insurance claims for various insurance companies. The company focuses on simplifying health benefit management for providers and policyholders. It is privately held, operating in Health Care, and is based in Mumbai.

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