business medi assist insurance completes acquisition of paramount tpa

Medi Assist Insurance Completes Acquisition Of Paramount Tpa

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Medi Assist Insurance TPA has finalized its acquisition of Paramount Health Services Insurance TPA, bringing an additional Rs 4,000 crore in health premiums under administration. While both entities will initially operate independently, the merger aims to enhance provider networks and leverage operational synergies. This acquisition, valued at an enterprise value of Rs 311.