Inventurus Knowledge Solutions has announced a major strategic acquisition through its U.S. subsidiary IKS Health, which has entered into a definitive agreement to acquire 100% of TruBridge Inc. The announcement was made under Regulation 30 of SEBI regulations on April 23, 2026, marking a significant milestone in the company's expansion strategy.

Transaction Overview

The acquisition represents a substantial investment in the healthcare technology sector, with IKS Health proposing to take TruBridge private through a comprehensive buyout structure.

TruBridge Business Profile

TruBridge operates as a fully integrated Revenue Cycle Management (RCM) and Electronic Health Records (EHR) vendor, primarily serving mid-small hospitals and rural healthcare facilities across the United States.

Strategic Rationale and Market Position

The acquisition aligns with IKS Health's vision to create an integrated healthcare operating system combining System of Record (EHR) with System of Action (AI-powered care enablement platform). TruBridge brings significant market presence in rural hospitals, with 40%+ presence in facilities with less than 50 beds and coverage of 25-30% of all rural hospitals.

Financial Impact and Timeline

The transaction is expected to be PAT and EPS accretive in FY27, with the combined entity projected to achieve 26% proforma adjusted EBITDA. The deal includes provisions for ESOP cost elimination of $9.4 million and removal of certain non-recurring public company expenses.

The acquisition will be funded through a 5-year debt facility with initial interest costs at SOFR+275 basis points, scaling down to 175 basis points as leverage reduces. The company expects to maintain leverage at approximately 3X EBITDA of the combined entity.

Inventurus Knowledge Solutions Limited announced that its subsidiary IKS Health has launched MyCareHub, a groundbreaking agentic AI platform for patient engagement, at the 2026 American Medical Group Association (AMGA) Annual Conference held April 15-18 in Las Vegas.

Platform Features and Integration

MyCareHub represents a first-of-its-kind agentic AI self-orchestrating platform designed to transform patient engagement throughout the healthcare journey. The platform is integrated with Epic and available in the Epic Connection Hub, utilizing an active, aware and constant multi-agent behavioral algorithm to create a patient engagement operating system that is adaptive, autonomous and patient-first.

According to Mayank Pant, executive vice president of product management at IKS Health, "MyCareHub is not the patient engagement tool of yesteryear. It is a groundbreaking operating platform that is intelligence based and orchestrates interactions across the patient access lifecycle."

Technology and Capabilities

The platform incorporates several advanced technologies to deliver personalized patient experiences:

• Behavioral modeling and longitudinal patient memory
• Decision intelligence and orchestration logic
• Safety guardrails and transparent autonomy controls
• Scoring system for awareness of obligations, ability to meet them, and willingness to do so
• Personalized channel, cadence and tone of reminders

These features work together to create a patient engagement platform that drives adherence while ensuring quality care and lowering total cost of care.

Implementation Results at OrthoNY

IKS Health implemented MyCareHub at OrthoNY, a leading orthopedic and pain management practice headquartered in the Capital Region of New York. The platform rollout in 2025 has generated measurable improvements in key financial metrics.

Lisa O'Connell, senior director of revenue cycle management at OrthoNY, noted that "patients report that the mobile-friendly platform delivers confidence, transparency and ease, from registration to payment."

Leadership Perspective

Sachin K. Gupta, founder and global CEO of IKS Health, emphasized the platform's comprehensive approach: "By leveraging MyCareHub's agentic and predictive powers, healthcare organizations can understand their patients emotionally, clinically and financially. Our patient-first approach drives stronger engagement and creates intelligent anticipation that benefits patients, care teams and the long-term sustainability of healthcare organizations."

Company Background

IKS Health operates as a global leader in care enablement solutions, focusing on reducing administrative, clinical, and operational burdens in healthcare. The company integrates agentic AI workflows with human expertise through its Care Enablement platform to create smarter operations, better outcomes, and financially sustainable growth across the care journey.

Founded in 2006, IKS Health has received recognition from Black Book as the top provider of AI-driven RCM services, from KLAS for performance and client satisfaction, and from Google Cloud with the 2025 DORA Award for "Augmenting Human Expertise with AI." The company partners with major health systems, physician groups, and specialty practices across the United States.