BSECompany Update2d ago · 21 Oct 2026, 09:23 pm

Sagility accelerates provider growth strategy through Acquisition of Chirok Health

Sagility Ltd · 544282

✦ AI Summary▲ PositiveM&A

Sagility Ltd, a leading technology and AI-led healthcare operations company, has acquired Chirok Health, a provider of Clinical Documentation Improvement (CDI), medical coding, and quality assurance programs, to expand its provider-focused capabilities and address evolving provider needs.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

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Sagility Ltd - 544282 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Date: October 21, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G-Block Dalal Street Bandra-Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code:544282 Symbol: SAGILITY Dear Sir/Ma’am, Subject: Press Release With reference to the captioned subject, please find enclosed the Company's press release titled “Sagility Accelerates Provider Growth Strategy Through Acquisition of Chirok Health”, along with additional information on Chirok Health. This is for your kind information and record. Thanking You, For Sagility Limited Satishkumar Sakharayapattana Seetharamaiah Company Secretary & Compliance Officer M. No. A16008 Encl: a/a Sagility Limited (Formerly Sagility India Limited) Registered Office - No. 23 & 24, AMR Tech Park, Building 2A, First Floor Hongasandara Village, Off Hosur Road, Bommanahalli, Bengaluru – 560068, Karnataka, India Corporate Identification Number: L72900KA2021PLC150054 Tel. No.: 080-71251500, E-mail: investorservices@sagility.com, Website: www.sagility.com Sagility Accelerates Provider Growth Strategy Through Acquisition of Chirok Health Transaction expands provider - focused capabilities in Clinical Documentation Improvement, Coding Audit and Quality Assurance, Revenue Integrity, Value-Based Care Solutions, HCC Coding and Risk Adjustment. Bangalore, 21 October, 2026 – Sagility, a leading technology and AI-led healthcare operations company focused on improving payer and provider performance, today announced that it has acquired Chirok Health, a provider of Clinical Documentation Improvement (CDI), medical coding, coding quality assurance programs and revenue integrity services for healthcare organizations. The acquisition adds specialized clinical and coding expertise to Sagility’s provider services portfolio, complementing its strengths in revenue cycle management, patient access, analytics, and technology and AI-led healthcare operations. It broadens Sagility’s ability to address evolving provider needs with integrated solutions. Founded with a focus on helping healthcare providers improve documentation quality, coding accuracy, reimbursement outcomes, and financial performance, Chirok Health has established a strong reputation for delivering high-quality clinical and administrative solutions to hospitals and health systems. Chirok also brings a highly specialized team of clinical documentation specialists, coding professionals, auditors, and healthcare subject matter experts further enhancing Sagility's provider-focused domain expertise to support healthcare providers across a broader spectrum of the revenue cycle and clinical operations value chain. "The acquisition of Chirok Health is an important step in Sagility's strategy to build a comprehensive provider-focused services platform. Chirok's leadership in clinical documentation improvement, medical coding, quality assurance programs, and revenue integrity complements our existing capabilities and expands our ability to support healthcare providers across the healthcare value chain by improving operational, clinical and financial outcomes.” said Ramesh Gopalan, Managing Director and Group CEO of Sagility. “Together with our recent acquisition of CareSeed, this transaction enhances our ability to help healthcare organizations improve quality outcomes, optimize reimbursement, advance value- based care initiatives, and drive meaningful operational transformation through analytics, automation, and AI." "Joining Sagility represents an exciting next chapter for Chirok Health," said Kanar Kokoy, Founder and Chief Executive Officer of Chirok Health. "Both organizations share a commitment to clinical excellence, customer service, innovation, and measurable outcomes. Our clients will continue to receive the specialized expertise and high touch support they value today, while gaining access to a broader set of capabilities that can help address evolving operational and financial challenges." As healthcare providers continue to face increasing reimbursement complexity, talent challenges, and growing value-based care requirements, the combined organization will be positioned to help clients improve financial sustainability, quality outcomes, operational performance, and patient experience. The combination will also create opportunities to deepen existing client relationships, expand the services footprint across both organizations’ client bases, and introduce complementary capabilities that can contribute to the growth of the combined business. Canaccord Genuity LLC served as the exclusive financial advisor to Chirok Health on the transaction. About Sagility Sagility is a healthcare operations partner that helps payers, providers, and pharmacy benefit managers reduce cost, improve quality, and enhance member and provider experiences. With more than 25 years of exclusive focus in healthcare, Sagility combines deep domain expertise with technology and AI-led transformation, embedding analytics, automation, and AI into operations. The company delivers services across the United States, India, the Philippines, Jamaica, and Colombia. For more information, visit https://sagility.com/ About Chirok Health Founded in 2020, Chirok Health provides clinical documentation integrity, medical coding, audit and quality assurance, and revenue cycle optimization services. The company supports healthcare organizations across fee-for-service and value-based care models, combining clinical and coding expertise with technology-enabled workflows to strengthen documentation accuracy, compliance, and financial performance. To learn more, visit chirokhealth.com. Media Contact Global Corporate Communications Email: press@sagility.com Acquisition Rationale: Acquiring Chirok Health accelerates Sagility's strategy of building a comprehensive provider- focused services platform by adding specialized clinical documentation, medical coding and coding quality assurance to bolster its mid-revenue cycle capabilities. The transaction deepens Sagility's clinical domain expertise, expands its addressable market across providers and payers, and creates new opportunities to drive revenue growth through integrated clinical and revenue cycle solutions. 1. Strengthens Sagility's Provider end-to-end Revenue Cycle services Expands Sagility's capabilities across Clinical Documentation Improvement (CDI), medical coding and coding QA enhancing Sagility’s ability to serve health systems, physician groups, and value-based care organizations. Chirok’s mid-revenue cycle solutions are a natural complement to Sagility’s proven front-end and back-end revenue cycle offerings, helping Sagility generate improved financial and operational outcomes for healthcare providers from patient access through final payment. 2. Accelerates Cross-Sell and Revenue Growth Opportunities The acquisition creates significant cross-selling opportunities across both organizations' client bases by introducing Sagility's broader analytics, AI and automation driven RCM services to Chirok clients while also offering Chirok's solutions to current Sagility provider and payer customers. The combined organization is well positioned to deepen client relationships, expand services footprint and generate increased operating synergies and value for current and future clients. 3. Expands Value-Based Care and Payer Opportunities Chirok enhances Sagility’s capabilities in risk adjustment creating a more comprehensive offering for risk-bearing providers and health plans. Combining these capabilities with Sagility's care management, care coordination, and care-gap closure offerings creates differentiated solutions. 4. Strategic Clinical Talent and Domain Expertise Chirok brings a highly specialized team of clinical documentation specialists, coding professionals, auditors, and healthcare subject matter experts enha [Showing first 8,000 characters — download PDF for full document]