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India’s Medical-Coding Army and Carlyle’s USD 400M Bet on AI
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India has emerged as a hub for medical coding, with thousands of workers in Chennai, Coimbatore, and Gurugram translating medical data into codes for insurers.
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India’s Medical-Coding Army and Carlyle’s USD 400M Bet on AI
India has emerged as a hub for medical coding, with thousands of workers in Chennai, Coimbatore, and Gurugram translating medical data into codes for insurers. Carlyle has invested USD 400 million in the sector, betting on the growth of AI in healthcare. The medical coding industry has grown significantly over the past two decades, with India becoming a major player. The industry is expected to continue growing, driven by the increasing use of AI in healthcare. The investment by Carlyle is a significant vote of confidence in the sector.
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