3Gen Consulting, a healthcare consulting and revenue cycle management (RCM) service company, has received a strategic investment of up to $22 million (₹185 crores) from Piramal Alternatives, the alternative investment platform of the Piramal Group.
The funds raised will be used to expand its operations, enhance its technological capabilities, and enter new markets to meet the increasing demand for innovative healthcare solutions.
This investment will enable 3Gen Consulting to deliver cutting-edge solutions that improve healthcare revenue cycle efficiency and enhance patient care outcomes.
“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,” said Hemant Apte, Founder and Chief Executive Officer of 3Gen Consulting.
Kalpesh Kikani, Chief Executive Officer at Piramal Alternatives, said, “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.”
3Gen Consulting is a healthcare consulting firm specializing in revenue cycle management services, strategic consulting, and operational optimization for healthcare providers.
The company offers end-to-end solutions to improve financial performance, operational efficiencies, and patient care outcomes. It offers a comprehensive suite of healthcare consulting services, including medical coding, billing, accounts receivable management, risk adjustment reviews, payer contract negotiations and physician education services across specialties.
