Mastek announced its strategic partnership with Innovaccer, a leading healthcare AI company to drive better outcomes at lower costs and meet contracted performance targets. This collaboration will help recalibrate Mastek`s extensive healthcare focus by integrating Innovaccer`s expertise in data, customer experience, AI, and analytics, enhancing service offerings, and delivering significant impact through a focused value-based care model. With healthcare as a key strategic focus, Mastek and Innovaccer aim to deliver holistic solutions to healthcare organizations. This partnership will enable healthcare organizations to provide best-in-class patient/consumer experiences, improve health outcomes, and improve the overall quality of care, all while ensuring affordability for patients.Innovaccer`s AI-powered Health Experience Platform (HXP) unifies data from diverse sources, including electronic health records (EHRs), customer relationship management (CRM) systems, and enterprise data warehouses (EDWs). By integrating this platform with Mastek`s Healthcloud capabilities, healthcare organizations will gain access to predictive and actionable insights, helping them enhance decision-making and patient outcomes. Omnichannel communication, marketing intelligence, and propensity scoring organizations will significantly enhance patient engagement across multiple touchpoints, delivering a more personalized and efficient healthcare experience.Powered by Capital Market - Live News

Net profit of Mastek rose 104.79% to Rs 128.65 crore in the quarter ended September 2024 as against Rs 62.82 crore during the previous quarter ended September 2023. Sales rose 13.30% to Rs 867.39 crore in the quarter ended September 2024 as against Rs 765.54 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales867.39765.54 13 OPM %16.5016.07 - PBDT148.77115.27 29 PBT128.9294.37 37 NP128.6562.82 105 Powered by Capital Market - Live News

Mastek will hold a meeting of the Board of Directors of the Company on 18 October 2024.Powered by Capital Market - Live News

Mastek announced a strategic partnership with Onyx Health, an innovator in healthcare interoperability solutions. This collaboration aims to expedite the adoption of FHIR (Fast Healthcare Interoperability Resources) standards, driving enhanced data interoperability and ultimately better health outcomes for patients. In an era where seamless data exchange is critical for effective healthcare delivery, the partnership between Mastek and Onyx Health will provide health plans with an out-of-the-box compliance solution for CMS-9115 (Patient Access API) and CMS-0057 (Advancing Interoperability and Electronic Prior Auth) rules. These regulations, pivotal to modernizing healthcare data exchange, require health plans to ensure secure, standardized data sharing across systems. Mastek and Onyx Health are at the forefront of delivering comprehensive solutions to meet these stringent regulatory requirements efficiently and effectively. Powered by Capital Market - Live News

Mastek announced that the 42th Annual General Meeting (AGM) of the company will be held on 20 September 2024.Powered by Capital Market - Live News