Medi Assist Healthcare Services Limited

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Industrial & Financial Services · NSE / BSE

Incorporated in June 2002, Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company specializing in managing health benefits for employers, retail members, and public health schemes, primarily serving insurance companies. The company facilitates medical insurance and cashless hospitalization through a vast network of healthcare service providers while acting as a mediator between insurance companies, insured members, healthcare providers, and government health schemes. As of March 31, 2023, Medi Assist collaborated with 36 insurance companies in India and globally, maintaining a healthcare network of over 14,000 hospitals across 967 cities and towns in 32 states and union territories. The company generated ₹494.68 million, ₹579.84 million, and ₹570.29 million in revenue from its retail portfolio in FY 2021, 2022, and 2023, respectively, accounting for 15.33%, 14.72%, and 11.29% of total customer contract revenue. In FY 2023, the company processed 5.27 million claims, including 2.44 million in-patient and 2.83 million out-patient claims.