Inventurus Knowledge Solutions Ltd

Inventurus Knowledge Solutions Inc., a wholly owned subsidiary of Inventurus Knowledge Solutions Ltd, has incorporated a step-down wholly owned subsidiary named "Value Partners Collective ACO, LLC" (VPCA) in the United States. VPCA will operate in the Healthcare Services Industry, focusing on Value-Based Healthcare Management and Accountable Care Operations. The primary objective is to apply for the Centers for Medicare & Medicaid Services' (CMS) Long-term Enhanced ACO Design (LEAD) program. If selected, VPCA will provide management and administrative services to healthcare providers for Medicare beneficiaries. The incorporation is a strategic move to expand the company's global footprint in the US healthcare sector. The entity was incorporated on May 5, 2026, with no initial funding or business activity, and the cost of acquisition is $0.

Inventurus Knowledge Solutions Ltd has announced that its Board of Directors will convene on August 5, 2026. The primary agenda item is to consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. Concurrently, the trading window for designated persons and their immediate relatives will remain closed from July 1, 2026, to August 7, 2026, inclusive, to prevent insider trading during the financial results announcement period.

Inventurus Knowledge Solutions Ltd announced that its wholly-owned subsidiary, Inventurus Knowledge Solutions Inc. (IKS Inc.), has completed the first tranche of an additional investment in IKS WWMG MSO LLC (WWMG MSO). The investment amounts to USD 2,840,000, through the subscription of 2,840,000 Common Units. This infusion has increased IKS Inc.'s equity interest in WWMG MSO from 48.02% to 51.88%, thereby giving it controlling stake. This follows a prior Board approval for further investment.

Inventurus Knowledge Solutions Limited has executed a subordination agreement dated July 10, 2026. This agreement is related to the financing facilities aggregating up to USD 635,000,000 availed by its wholly-owned subsidiary, Inventurus Knowledge Solutions, Inc. ("IKS Inc."), for the acquisition of TruBridge, Inc. The subordination agreement pertains to intercompany debts and liabilities owed by various group entities, including IKS Inc. and its subsidiaries, to IKS Inc. and other group entities. These intercompany debts will rank subordinate to the obligations under the financing facilities. This update follows previous communications regarding the acquisition and financing arrangements.

IKS Health has successfully completed the acquisition of TruBridge, Inc., a provider of EHR and revenue cycle management solutions for rural and community hospitals. This strategic move positions the combined entity to become a significant player in the rural and community care technology sector, aiming to optimize the entire care journey with an intelligent healthcare operating system. The combined organization will support over 2,000 healthcare organizations and 150,000 clinicians in the U.S. IKS Health anticipates this acquisition will enable them to capture a substantial share of a $260 billion total addressable market by accelerating AI capabilities and expanding customer reach.

Inventurus Knowledge Solutions Ltd announced the completion of its acquisition of TruBridge Inc., a US-based company. The acquisition was executed through its wholly-owned US subsidiary, Inventurus Knowledge Solutions, Inc. (IKS Inc.), via the merger of IKS Next Horizon, Inc. with TruBridge Inc. The total consideration for acquiring 100% shareholding in TruBridge Inc. amounted to USD 557 Million. This strategic move was initially approved by the Board of Directors on April 23, 2026, and is now finalized in accordance with Delaware law. Further details are available on the company's investor relations website.

Inventurus Knowledge Solutions Limited has issued a corporate guarantee of up to USD 603,750,000 in favor of lenders, including Citibank N.A., Deutsche Bank AG, and JPMorgan Chase Bank, N.A., for facilities up to USD 575,000,000 to be availed by its wholly-owned subsidiary, IKS Inc. This guarantee is in connection with the acquisition of TruBridge, Inc. The Facilities will be used partly for refinancing existing indebtedness. Consequently, IKS Inc. has refinanced a USD 70,000,000 term loan facility, leading to the release of a previous corporate guarantee of USD 77,000,000. The corporate guarantee will be treated as a contingent liability.

Inventurus Knowledge Solutions Ltd announced an update regarding its acquisition of TruBridge, Inc. The aggregate financing facilities for the acquisition by its wholly-owned subsidiary, IKS Inc., have been reduced from up to USD 670,000,000 to up to USD 635,000,000. Following the acquisition's consummation, Healthcare Resource Group, Inc. (HRG Inc.), a subsidiary of TruBridge, will become a material subsidiary of Inventurus. The company's board has approved additional security interests, including security over HRG Inc.'s assets and shares, and a guarantee from HRG Inc. for the updated facilities. Security over inter-company debts and non-disposal undertakings are also part of the revised security package. These approvals were made at a board meeting held on July 2, 2026.

Inventurus Knowledge Solutions Ltd has announced the grant of 61,000 employee stock options under its Employee Stock Option Plan 2022 (IKS ESOP Plan). The grant was approved by the Nomination and Remuneration Committee on July 02, 2026, to eligible employees. Each option is convertible into one equity share of face value Re. 1. The exercise price is set at Rs. 1,800.20 per option, not less than the market price on July 1, 2026. The options can be exercised anytime from the vesting date during continuous employment. The plan is administered through a trust, with provisions for adjustments in case of corporate actions.

Inventurus Knowledge Solutions Ltd (IKS Health) announced significant financial and operational improvements for Axia Women's Health, a leading U.S. women's healthcare provider. The partnership, which now covers 100% of Axia's coding volume, has resulted in an annual cash impact of $12 million for Axia. Key performance indicators show a 36% reduction in total denial rate to 5.5%, a 37% reduction in coding-specific denials to 2.4%, and coding accuracy above 96%. Additionally, there was a 10% increase in charges per visit due to identifying missed billable services, a $1.6 million increase in monthly collections, and an improvement in accounts receivable days. IKS Health's role as an outsourced coding partner has helped Axia streamline operations, reduce administrative burdens, and allow clinicians to focus more on patient care.