Mumbai / Delaware, October 2025: Inventurus Knowledge Solutions (IKS Health), a global leader in healthcare enablement solutions, has unveiled a cutting-edge generative AI platform built on Google Cloud technologies, designed to automate routine healthcare administration tasks. In tandem, the company has invested $10,001,605 in its US subsidiary, Inventurus Knowledge Solutions Inc., acquiring 15,550 equity shares at $643.19 per share to strengthen working capital and expand its operations in the United States.
Revolutionizing Healthcare Administration with AI
The new AI platform incorporates advanced features to streamline healthcare workflows:
- Multi-Agent System: Handles diverse administrative tasks across healthcare operations.
- Workflow Automation: Manages prior authorizations, ambient documentation, charting, coding, order capture, and claims submission.
- Google Cloud-Powered AI: Uses Gemini models, Vertex AI, and Agent Development Kit (ADK) for intelligent task execution.
- Human-in-the-Loop Technology: Ensures clinical safety by integrating human oversight where required.
The platform can autonomously perform up to 80% of routine administrative tasks, significantly reducing the workload of healthcare professionals and helping to address clinician burnout, which, according to a Google Cloud-Harris Poll study, affects over 80% of clinicians due to documentation and insurance-related work.
Investment in US Subsidiary
The $10 million investment in IKS Health’s US subsidiary, incorporated in Delaware in 2006, is aimed at bolstering its technology-enabled healthcare solutions across the US market. The subsidiary has delivered consistent revenue growth, recording INR 6,941.11 million in FY25 and demonstrating a stable performance trajectory over the past three years. The transaction is expected to close by October 31, 2025.
Industry Recognition
IKS Health has been recognized as a top provider of AI-driven Revenue Cycle Management (RCM) services, acknowledged by KLAS for client satisfaction, and awarded the 2025 DORA Award by Google Cloud for “Augmenting Human Expertise with AI.”
Future Outlook
The strategic combination of AI-driven automation and the US investment positions IKS Health to create a connected care ecosystem, enhancing efficiency, reducing administrative burden, and enabling healthcare providers to focus more on patient care. The move underscores the growing role of AI and cloud technologies in transforming healthcare administration globally.
Summary:
IKS Health has launched a Google Cloud-powered AI platform to automate up to 80% of healthcare administrative tasks, addressing clinician burnout and workflow inefficiencies. Concurrently, it invested $10 million in its US subsidiary to support operations and expansion. With its advanced AI capabilities and strengthened US presence, IKS Health aims to redefine healthcare administration and improve operational efficiency for providers globally.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.