KKR acquires minority stake in AI healthcare solutions company Infinx [Yahoo! Finance]
Wells Fargo & Company (WFC)
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Source: Yahoo! Finance
through which a fund managed by KKR has acquired a significant minority stake in Infinx. As part of the latest move, KKR will utilise its experience in the global healthcare technology industry to expedite the expansion of Infinx's network and support future bolt-on acquisitions. While financial details and other terms and conditions of the transaction were not disclosed, it was noted that Norwest Venture Partners, an existing shareholder, also took part in the latest deal. Infinx, which provides data-driven revenue cycle management solutions, was co-founded in 2012 by managing director Sandeep Tandon and CEO Jaideep Tandon. The company said its cloud-based software platform, which is driven by AI and automation, integrates support from billing specialists and consultants, allowing its clients to capture increased revenue. This integration also enables healthcare providers to focus on patient care rather than administrative tasks. In addition, healthcare providers can util
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