3Gen Consulting, a healthcare consulting and revenue cycle management (RCM) services provider, announced that it will receive a strategic investment of up to $22 million (INR 185 crores) from Piramal Alternatives. This partnership is set to advance 3Gen Consulting’s growth and bolster its leadership in the healthcare industry.
3Gen Consulting provides comprehensive healthcare consulting services across specialties, including medical coding, billing, accounts receivable management, risk adjustment reviews, payer contract negotiations, and physician education services. And with this funding, 3Gen Consulting plans to expand its operations, enhance its technological capabilities, and enter new markets to meet the increasing demand for innovative healthcare solutions.
This funding will enable 3Gen Consulting to deliver cutting-edge solutions that improve healthcare revenue cycle efficiency and enhance patient care outcomes. And the company remains committed to setting new benchmarks in healthcare consulting by providing high-impact, customer-centric results.
With Piramal Alternatives’ strategic backing, 3Gen Consulting is set to transform the healthcare consulting industry by offering innovative solutions that improve healthcare delivery and financial performance.
KEY QUOTES:
“We are thrilled to partner with Piramal Alternatives, a leader in the alternative investment space. Given Piramal Group’s global experience in Healthcare & Pharmaceuticals, this collaboration will represent a significant step forward in our shared commitment to diversify and grow our healthcare enterprise solutions business. Together, we’re poised to deliver innovative solutions that create meaningful impact and drive success for our customers and communities.”
– Hemant Apte, Founder and Chief Executive Officer of 3Gen Consulting
“We are pleased to partner with 3Gen Consulting in the rapidly expanding field of healthcare technology and consulting solutions. The continuous increase in global healthcare expenditures will drive the demand for RCM and related services. Our investment will enable 3Gen Consulting to further strength its position in the RCM space.”
– Kalpesh Kikani, Chief Executive Officer at Piramal Alternatives
