Foyer Global Health, Galytix Launches Digital Health Platform for Insurers
Written by Arushi Sharma
Foyer Global Health and Galytix have joined forces to unveil HealthX, a cutting-edge digital health platform for international insurers. Leveraging generative AI, HealthX revolutionizes the International Private Medical Insurance (IPMI).
Foyer Global Health, the international health insurer, has partnered with Galytix to introduce HealthX, a digital health platform for insurers.
HealthX, powered by generative AI, utilizes structured and unstructured data to offer insights, analytics, and alerts that enhance business propositions, customer service, and performance in the International Private Medical Insurance (IPMI) market.
The platform includes portfolio analytics, claims alerts and processing, underwriting and repricing, and risk reporting.
Galytix's HealthX, recently launched with a focus on portfolio analytics and automating core claims processes, allows users to score claims within seconds, streamlining decision-making and reducing processing times.
The implementation aligns with Foyer Global Health's strategy for a standardized data model and consolidated view of health data, resulting in quicker decisions and improved data quality.
Raj Abrol, CEO of Galytix, highlighted HealthX's powerful generative AI capabilities, describing it as an 'analyst on demand' that automates routine work and increases productivity. François Jacquemin, CEO of Foyer Global Health, expressed excitement about the efficiency gains and risk insights generated through leveraging AI at this early stage.
The collaboration marks a significant step in transforming the way health insurers work with data, providing a 'golden source of truth' and enhancing overall operational efficiency.