Medi Assist Healthcare Services Limited — Updates, 01-07-2025: Press Release

Medi Assist’s wholly owned subsidiary, Medi Assist TPA, has completed the acquisition of 100% stake in Paramount Health Services & Insurance TPA, adding ₹4,000 Cr health premiums under administration. This deal strengthens Medi Assist’s market leadership, expands insurer partnerships, and enhances provider networks. The acquisition will leverage AI/ML-driven automation to improve operational efficiency and significantly enhance policyholder experience through advanced fraud detection, automated claims, and predictive analytics. Both entities will operate independently until a formal merger to ensure smooth integration.