Bajaj Finserv Health, a health-tech company providing access to preventive, personalized & affordable healthcare for all has acquired Vidal Health Care, a leading health services management company and one of the largest third-party administrators (TPA) in India.
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This strategic integration marks a significant milestone in their journey towards providing accessible and high-quality healthcare services to millions of Indians. Vidal Health brings extensive domain knowledge and experience in healthcare administration, perfectly aligning with BFHL’s commitment to delivering superior digital experiences and efficient data management.
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“Vidal Health brings deep domain knowledge and vast experience in healthcare administration in India. This, combined with Bajaj Finserv Health’s superior digital experience and data management prowess, enables the company to be uniquely placed to lead healthcare transformation that is underway in India,” said Devang Mody, Chief Executive Officer, Bajaj Finserv Health.
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Together, Bajaj Finserv Health and Vidal Health Care uniquely positioned to lead the healthcare transformation in India, combining VHC’s robust IPD claims processing with BFHL’s outstanding OPD services. This synergy will reshape the healthcare landscape, offering comprehensive benefits coverage for our clients through an extensive network of over 12,000 hospitals.
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Founded in 2002, Vidal Health is India’s top health services management company and amongst the largest third-party administrators worldwide. We operate at a large scale presence in India (800 locations) with over 35 million members, and 10000 empanelled service providers which include hospitals, diagnostics labs, and clinicians. We process over 1.0 million claims and 800,000 pre-authorisation requests annually.
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About Bajaj Finserv Health
Founded in 2019, Bajaj Finserv Health is a health-tech company from Bajaj Finserv Group. It has collaborated with some of the best healthcare providers. Bajaj Finserv Health is a health-tech company providing access to preventive, personalized and affordable healthcare for all.
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