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AZB aids Genpact buy of healthcare service provider Felix

AZB & Partners advised business process outsourcing firm Genpact in its buy of India-based healthcare payer industry service provider Felix Software Solutions, which was advised by US attorney Cyrus Kashef.

AZB & Partners Delhi partner Vinati Kastia with senior associates Bharat Bahadur and Daksh Trivedi acted for Felix. Felix was bought by Genpact as part of its purchase of the US-based Jawood, which had sub-contracted Felix, according to the Financial Express.

The healthcare payer industry is seeing enormous growth due to regulatory changes, including creation of health insurance exchanges, and the development of alternative risk and payment models, stated a report in the Economic Times.

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