IKS Health Unveils AI Platform on Google Cloud and Invests $10 Million in US Subsidiary

1 min read     Updated on 16 Oct 2025, 05:49 PM
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Ashish ThakurScanX News Team
Overview

Inventurus Knowledge Solutions has introduced a generative AI platform using Google Cloud technologies to automate healthcare administration tasks. The platform can handle up to 80% of routine tasks, potentially reducing clinician burnout. Additionally, the company has invested $10,001,605 in its US subsidiary, Inventurus Knowledge Solutions Inc., acquiring 15,550 equity shares at $643.19 per share for working capital purposes.

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*this image is generated using AI for illustrative purposes only.

Inventurus Knowledge Solutions , a global leader in care enablement solutions, has announced the launch of a generative AI platform built on Google Cloud technologies. This system aims to revolutionize healthcare administration by automating routine tasks and reducing the burden on healthcare professionals. Additionally, the company has made a significant investment in its US subsidiary.

Key Features of the AI Platform

  • Multi-Agent System: The platform utilizes a multi-agent system capable of handling various healthcare administrative tasks.
  • Workflow Automation: It can manage prior authorizations, ambient documentation, charting, coding, order capture, and claim submissions.
  • Advanced AI Capabilities: Powered by Google Cloud's Gemini family of models, Agent Development Kit (ADK), and Vertex AI.
  • Human-in-the-Loop Technology: Ensures accuracy and clinical safety by incorporating human oversight when medically necessary.

Potential Impact on Healthcare Administration

According to the announcement, the AI platform is designed to:

  • Autonomously handle up to 80% of routine, repetitive tasks previously done by humans.
  • Significantly reduce the administrative burden on healthcare professionals.
  • Improve efficiency in insurance approvals and document processing.

Industry Context

The launch of this platform comes at a crucial time for the healthcare industry:

Administrative Burden Clinicians Staff
Weekly Hours Spent 28 34-36

A Google Cloud study conducted by The Harris Poll revealed that over 80% of clinicians experience burnout due to record-keeping, insurance forms, and prior authorizations. These administrative tasks also reduce patient time for 80% of providers.

Company Background

Inventurus Knowledge Solutions, founded in 2006, has been recognized for its innovations in healthcare technology:

  • Top provider of AI-driven RCM services by Black Book
  • Acknowledged by KLAS for performance and client satisfaction
  • Recipient of the 2025 DORA Award from Google Cloud for "Augmenting Human Expertise with AI"

Investment in US Subsidiary

Inventurus Knowledge Solutions Limited has invested $10,001,605.00 in its wholly owned subsidiary, Inventurus Knowledge Solutions Inc. The investment involves acquiring 15,550 equity shares at $643.19 per share for working capital purposes. The subsidiary, incorporated in Delaware in 2006, provides technology-enabled healthcare solutions to US healthcare providers.

Key details of the investment:

  • Transaction expected to complete by October 31, 2025
  • Subsidiary's revenue performance:
    • FY 2024-25: INR 6,941.11 million
    • FY 2023-24: INR 7,027.85 million
    • FY 2022-23: INR 6,054.66 million

Future Outlook

The partnership between Inventurus Knowledge Solutions and Google Cloud, coupled with the investment in its US subsidiary, signifies a step towards transforming healthcare workflows. By leveraging AI technologies and strengthening its US operations, the company aims to create a connected care ecosystem that could potentially redefine how administrative tasks are managed in healthcare settings.

As the healthcare industry continues to grapple with administrative inefficiencies, solutions like Inventurus Knowledge Solutions' AI platform and strategic investments may play a role in alleviating these challenges, ultimately allowing healthcare providers to focus more on patient care.

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Inventurus Knowledge Solutions Unaffected by New H-1B Visa Fee, Reaffirms Business Model Strength

1 min read     Updated on 22 Sept 2025, 10:58 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Inventurus Knowledge Solutions (IKS) announced that the new $100,000 fee for H-1B visa applications will not affect its business operations or financial projections. The company's business model, built on proprietary technology, an India-based skilled workforce, and local U.S. hiring, does not rely on H-1B visa holders. IKS reassured stakeholders that the visa fee changes would not impact client services, operational continuity, or growth objectives. The company remains committed to driving value through its Care Enablement Platform, supporting U.S. health systems with data-driven solutions and expertise.

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*this image is generated using AI for illustrative purposes only.

Inventurus Knowledge Solutions Limited (IKS), a prominent player in the care enablement platform sector, has announced that the recent introduction of a $100,000 fee for new H-1B visa applications will have no impact on its business operations or financial projections. The company made this statement in a press release issued to clarify its position on the matter.

Business Model Resilience

IKS emphasized that its business model does not rely on H-1B visa holders for its workforce. Instead, the company's strategic approach is built on three key pillars:

  1. Proprietary technology
  2. A skilled workforce based in India
  3. Local hiring practices in the United States

This multi-faceted strategy allows IKS to deliver high-quality, scalable solutions without depending on the H-1B visa program for its core operations.

No Impact on Client Services or Growth Objectives

The company reassured stakeholders that the new visa fee changes would not affect its ability to serve clients or pursue its growth objectives. IKS stated, "H-1B visas are not integral to the execution of our core business operations or client service delivery. Consequently, the recent changes have no impact on our ability to serve clients, ensure operational continuity, or pursue our long-term growth objectives."

Commitment to Value and Expertise

IKS reaffirmed its commitment to driving value for clients through:

  • Deep domain expertise
  • Technology-led solutions
  • A robust global delivery framework

The company's Care Enablement Platform continues to deliver data-driven value and expertise across the care journey, supporting large health systems throughout the United States.

Looking Ahead

While the H-1B visa fee changes do not affect IKS, the company stated it would continue to monitor developments in the global regulatory landscape. IKS promised to provide updates to stakeholders as necessary, maintaining its focus on enabling stronger, financially sustainable healthcare enterprises.

As the healthcare industry navigates evolving regulatory landscapes, IKS's announcement underscores the importance of adaptable business models in maintaining operational stability and growth prospects.

Historical Stock Returns for Inventurus Knowledge Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%-1.55%-2.71%+6.46%-23.10%-23.10%
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