About PHM

About PHM

Welcome to Paramount! This is where the essence of commitment, quality and integrity blend together to offer world-class health services across the globe.

Paramount Healthcare Management Private Limited (PHM) is a managed care service provider providing healthcare assistance in the domestic and international space. Paramount Healthcare Management part of Paramount Health Group has presence in 27 states and 155 locations pan India and offices across MENA region at a global.

PHM specializes in offering Medical and Non Medical Assistance Services to members travelling to global destinations outside their country of origin. The plethora of services on offer include Inbound and Outbound claims services, Medical Tourism Assistance, BPO/KPO solutions, Medical Second Opinion, Management and Consultancy services, Assistance with TPA setups, IT software integration, End to end concierge services, Claim Settlements, Direct Billing services, Call Center solutions, Assistance in Medical Underwriting, management of Self Funded groups and all types overseas support.

With extensive competence in clinical care, healthcare technology, and a global resource base, Paramount has been consistently delivering best-in-class solutions at an unrivaled cost which is an advantage to clients from various domains. It has a team of seasoned medical and non-medical professionals, with immense experience to facilitate medical and surgical treatment, hospitalization assistance, alternative therapy, stay and travel assistance globally.

As globalization is rapidly shaping up the world, Paramount has expanded horizons to offer affordable quality care services to clients ranging from insurance companies, corporate, government organizations and self-funded groups.

Over the last 20 years, it has focused on resolving some of the most sensitive and complex healthcare problems. Maintaining highest standards of reliability and excellence have always been the hallmarks of its services.

Evolution


  • 2017
    • 1) PHM through Health 360° Ancillary Services W.L.L signed a JV in KSA for providing TPA servicess

    • 2) Invested in Pramati Healthcare - Home Care Company
  • 2016
    • 1) Branch office opened in Sharjah (UAE)

    • 2) IT solutions provided for Palestine

    • 3) Memorandum of Understanding (MOU) signed with Malawi (Africa)

    • 4) Digital Health Foray

    • 5) MOU signed for Medical tourism office in USA

    • 6) Invested in Nationwide (The Family Doctors)

    • 7) Entered into strategic tie-ups with Get Active, Medcall, Welcomecure and Healthsaverz
  • 2015
    • 1) MOU signed for TPA JV in Kingdom of Saudi Arabia (KSA)

    • 2) Signed contract with Trust RE for providing IT solutions and management & consultancy services in 10 different countries

    • 3) Helped set up Health wing for an insurance company in Nepal

    • 4) Commenced servicing of back-office claims for Bangladesh
  • 2014
    Commenced Insurance Servicing in Bhutan
  • 2013
    Health 360° Ancillary Services W.L.L (a JV between Takaful International Company and PHM) began to provide TPA services to over 35,000 individuals and their families in Bahrain
  • 2012
    Paramount Healthcare Lanka Pvt. Ltd. was formed (JV between Paramount Group and Shigadry with Earth Company Pvt. Ltd.)
  • 2011
    Inbound Medical Tourism business commenced
  • 2010
    Munich RE exited, Dr. Shah joined back as CEO and 100% shareholder
  • 2006
    Dr. Shah exited as Chief Executive Officer (continued as shareholder)
  • 2005
    Pre-policy checkups for Insurers commenced
  • 2004
    Outbound Travel Health business commenced
  • 1999
    Joint Venture (JV) with Munich RE
  • 1996
    PHM was founded