Written by : Nikita Saha
July 15, 2024
Spanning 12,000 sq ft, this R&D center will focus on AI-driven product development, engineering, innovation, data science, and machine learning.
Global AI-driven company, Infinx Healthcare, has launched its new R&D center in Bengaluru, India.
This new facility is dedicated to fostering innovation and advancing healthcare revenue cycle management (RCM) technologies.
Spanning 12,000 sq ft, this R&D center will focus on AI-driven product development, engineering, innovation, data science, and machine learning.
Sudeep Tandon, MD, infinx, said, "We are thrilled to unveil our R&D center in Bengaluru. This strategic move aims to harness the exceptional talent from the country’s technology sector. We believe that India’s evolving tech ecosystem will help us leverage the latest solutions, foster better collaboration, and drive significant advancements in healthcare revenue cycle management.”
According to Tandon, the center will serve as a critical hub for Infinx’s global operations, propelling healthcare providers worldwide toward greater efficiency.
Infinx’s new R&D center in Bengaluru will manage cloud operations and computing, enhancing the company's technological solutions for its customers.
Further, the center's engineering team will develop advanced AI solutions to enhance predictive analytics, optimize claim processing, and improve decision-making capabilities.
Reportedly, Infinix is also creating a cloud-based RCM platform to ensure scalability, security, and efficiency, allowing quick integration with various healthcare systems.
Currently, with a global workforce exceeding 6,000, Infinx is actively recruiting talent to strengthen its position as a leading AI-driven healthcare management enabler.
Infinx aims to provide user-friendly platforms that offer real-time insights, streamline workflows, and ensure robust data management.
The firm's solutions including ambulatory, acute care, and post-acute care providers are utilized by healthcare professionals across 4,000 facilities. Additionally, over 400 prominent healthcare organizations, encompassing hospitals, health systems, and outpatient providers, are among its customers.
Founded in 2012, Infinx is an AI-driven company providing revenue cycle solutions for the US healthcare market. It is backed by leading global investment firms such as Norwest Venture Partners and KKR & Co. It has a global presence across the US, India, and the Philippines.
In May, Private equity giant KKR invested approximately $150 million (INR 1,250 Cr) to acquire a 26% stake in Infinx Healthcare, a healthcare BPO owned by the Tandon Group. The strategic move aimed to expand Infinx's capabilities by acquiring smaller companies in the same field, known as bolt-on acquisitions, thereby enhancing its service offerings.