Coforge Limited has announced a strategic partnership with Innovaccer Inc., a leading healthcare AI company, aimed at transforming healthcare delivery through advanced AI solutions. The collaboration combines Coforge's organizational transformation expertise with Innovaccer's AI infrastructure to drive measurable improvements in clinical, financial, and administrative outcomes for healthcare organizations.

Strategic Partnership Details

The partnership has resulted in the launch of G-Forge, a joint initiative designed to help healthcare organizations scale AI adoption and integrate fragmented data systems. This collaboration brings together Innovaccer's Gravity platform with Coforge's expertise in large-scale implementation and organizational transformation.

Implementation Framework

As the preferred platinum implementation partner for Innovaccer's Gravity AI platform, Coforge will establish a dedicated Healthcare AI Center of Excellence. The partnership will focus on developing industry-specific accelerators and solutions tailored to healthcare organizations' needs, while providing comprehensive implementation, integration, and managed services support.

The initiative will be supported by dedicated forward-deployed engineers from Innovaccer working alongside Coforge professionals trained on the Gravity platform. These teams possess deep healthcare domain and functional expertise to design, deploy, and operate AI solutions across various use cases.

Leadership Perspectives

Abhinav Shashank, Co-founder and CEO of Innovaccer, emphasized that G-Forge will enable healthcare organizations to accelerate AI adoption across enterprises and translate intelligence into measurable outcomes faster. The combination aims to help organizations modernize their data foundations and improve operational performance.

Sudhir Singh, CEO & Executive Director of Coforge, highlighted that the partnership reflects their shared belief in the convergence of intelligent automation, data, and patient-centric design. He noted that the collaboration aims to unlock new business models and establish co-innovation labs while delivering measurable outcomes.

Preeti Singh, EVP and Head of North America Business Unit at Coforge, expressed excitement about the partnership's potential to deliver measurable impact rather than incremental improvements, combining deep healthcare technology expertise with Innovaccer's breakthrough AI platform.

Innovation and Development Focus

G-Forge will serve as a hub for co-innovation, enabling the development of industry-specific accelerators and scalable AI solutions built on Gravity's secure, HITRUST-compliant foundation. The partnership targets improvements in:

• Clinical performance and care delivery
• Administrative efficiency and decision-making
• Financial operations and revenue cycle management
• Patient experience and outcomes
• Operational cost efficiency

The collaboration represents a significant step toward modernizing healthcare operations through AI adoption, with both companies committed to delivering sustainable improvements across the healthcare ecosystem.

Coforge CEO Sudhir Singh has revealed that the mid-cap IT services provider is preparing to announce one of its biggest deals ever in the fourth quarter. The announcement came during a conference call following the company's third-quarter earnings results.

Major Healthcare Sector Deal Already Secured

Singh disclosed that the company has already signed one of the largest deals in the healthcare sector during the current quarter. "We also believe that in the allied vertical (healthcare), which you referred to as the UK public sector, we signed one of the largest deals that we ever had in that sector in the current quarter that is going on right now," Singh explained to analysts.

The deal remains unannounced as the management focused on presenting Q3 results during the earnings call. This development highlights Coforge's growing presence in the healthcare vertical, which has become a significant revenue contributor.

Strong Growth in Healthcare and Hi-Tech Segments

The healthcare and hi-tech segments have emerged as key growth drivers for Coforge, demonstrating remarkable expansion:

This substantial growth in these high-value segments positions Coforge well for sustained revenue expansion and diversification.

Operating Margin Challenges and Future Guidance

Despite the positive deal announcements, Coforge faced margin pressures in the third quarter:

The management has provided guidance for a 15% operating margin target, expecting to close the financial year ending March 2026 with a margin of 14%.

Market Performance

Coforge shares faced selling pressure following the earnings announcement. The stock ended Friday with a decline of 2.7%, while the weekly performance showed a drop of over 4.8%. This market reaction appears to reflect concerns over the margin compression despite the positive deal pipeline announcements.

The upcoming major deal announcement in Q4 could serve as a catalyst for renewed investor interest, particularly given the company's strong momentum in healthcare and hi-tech segments.