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Mumbai, Maharashtra, India
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Pristyn Care
In a recent podcast with Nitin Bajaj of Mad over growth, Dr. Garima Sawhney discussed building Pristyn Care and the challenges in India's healthcare sector, including doctor availability and infrastructure issues. The conversation also stressed the need for more accessible and affordable healthcare education in India. #Pristyncare #Podcast #Healthcare
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CEFInsights
🚀 US-based KKR set to make waves in India's healthcare industry with the acquisition of Healthium from Apax for Rs 7,000 crore. 💼💰 Stay tuned for the latest updates on this game-changing deal! #KKR #Healthcare #Acquisition #India #BusinessNews #Investment #Healthium #Apax #USInvestment #Deal #BreakingNews #Finance #Industry #TrendingNow #Investing #Business #Economy #HealthIndustry #USBusiness #IndiaBusiness #MarketWatch #FinancialNews #StrategicMove #MarketTrends #BusinessStrategy #Innovation #Leadership #GlobalBusiness #InvestmentNews #ViralPost"
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Trendigm
Exploring healthcare innovation in India, Bain & Company uncover a landscape rife with unique challenges and opportunities. The rising demand for healthcare services, driven by factors such as increasing life expectancy and the burden of chronic diseases, is reshaping the sector. Digital health technologies and the contributions of startups play pivotal roles in addressing these evolving needs. Despite infrastructure gaps and regulatory complexities, India's healthcare ecosystem is advancing through collaborations between public and private sectors. Innovation is key to addressing access and affordability issues, aiming to enhance the well-being of millions. #HealthcareInnovation #India #DigitalHealth Trendigm | Enabling Innovation https://lnkd.in/gEv8dhRZ
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Sandhya Sriram
Recently Women Entrepreneurs Review gave me an opportunity to talk about our integrated care model. Sharing excerpts here 1. In the integrated care mode, the payor (the person who pays the bill i.e. insurance) and the provider (the person who provides the health care service i.e. hospital) are the same. Therefore, the incentives are aligned to keeping people healthy. 2. The typical mindset among Indians is to avoid seeking prompt healthcare interventions due to the fear of discovering something wrong. Consequently, conditions may progress to more complex ailments requiring intensive investigations that could have been avoided with earlier diagnosis. In an integrated model, the care continuum is continuous, leading to early diagnosis, simpler care, and improved outcomes. Additionally, the ability to pay for health care through small, manageable premiums rather than bearing the entire cost of a major surgery upfront enables better access to healthcare thereby reducing health inequality. 3. Our athmâ system [Hospital Information System] offers state-of-the-art electronic medical record management system and digitizes all aspects of hospital operations. This initiative has led to better clinical outcomes, improved throughput, and enhanced customer experience. Additionally, our Medha Analytics Capabilities provide clinical and operational insights at every level of leadership on a real-time basis, enabling faster and more effective problem-solving and action. 4. India presents a unique opportunity. On one hand, the country has access to advanced technologies and high-quality medical talent, making it a sought-after hub for medical services in many countries. However, India still struggles to provide affordable and accessible healthcare to its people. Integrated care solutions address issues of trust, access, and affordability, ensuring that all individuals receive the care they deserve. Thank you Charulatha for the opportunity https://lnkd.in/gW5jhDHD Narayana Health Narayana One Health
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Dr. B S Ajaikumar
Open Letter to the Finance Minister ahead of 2024 Budget Nirmala Sitharaman - from Dr. B S Ajaikumar, Executive Chairman, Healthcare Global Enterprise Ltd (HCG) I write this letter in my individual capacity as a honest tax payer. I am proud of the fact that I am one of the largest tax payers of the country. I wish to highlight key concerns over the budgetary allocations for two critical areas: Health and Education as also the need to bridge the income and wealth inequality, the glaring, ever widening divide between the haves and the have nots of the country. Talking of Health, there is a huge disparity in the quality and accessibility of health services between the metros on one end of the spectrum, and tier 2/tier 3 cities and rural areas on the other. Although as high as 76 per cent of India’s healthcare is run by the private sector, most of it is concentrated in urban areas. The quality of healthcare penetration in Tier 2 and 3 cities has always been a huge concern in India. Today, if one looks at the doctor-patient ratio, it is heavily skewed in favour of urban areas which has led to a massive urbanization of healthcare. A minuscule percentage of doctors volunteer to work in Tier 2 and 3 cities despite the acute need for quality healthcare in non-metros and rural areas, both in communicable and non-communicable diseases. The advent of Covid only worsened the situation, as the footfalls in rural areas took a massive hit which in turn adversely affected outcomes in diseases like cancer where early detection is extremely crucial. The reasons for this disparity are purely economic, concerning the profitability and sustainability of healthcare enterprises. Given that the Average Revenue Per Occupied Bed (ARPOB) in NCR region is Rs. 75,000, why should a private enterprise think of penetrating the deprived regions of the country where the ARPOB at best would hover in the meagre range of Rs. 10,000 to Rs. 12,000. Clearly, if we have to improve the penetration of healthcare in rural and deprived areas, it is imperative that we improve the ARPOB in the hospitals of the vicinity. This in turn calls for proper reimbursement of health spends by the people of these areas. Yes, there are schemes like Ayushman Bharat, CGHS, Pradhan Mantri Suraksha Bima Yojana and the like but the healthcare reimbursement processes need to be made more efficient in order to ensure healthy occupancy rates for healthcare establishments in rural areas which alone can ensure recruiting and retaining of best in class doctors, nurses and support staff as also the acquisition of advanced technology and infrastructure. There is an immediate need to set up a credible healthcare ecosystem in Tier 2 and 3 cities to make treatment equitable and accessible for all. Read More at: https://lnkd.in/gbZ5cwJg #Budget2024 #India
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Dr. Jayesh Warade
🏃🏃🏃 In the landscape of India's medical diagnostic industry, offering heavy discounts💰💰💰 funded by investor money may seem like an attractive strategy to draw customers. However, this approach can undermine long-term sustainability ✅✅✅ and profitability. Relying on investor funds to💰💰💰 subsidize services can lead to unsustainable pricing structures, erode market value, and create unrealistic customer expectations. Building a 🏋️🏋️🏋️ healthy business model requires a focus 🎯🎯🎯 on delivering quality services, maintaining reasonable pricing, and achieving operational efficiency. It's crucial to balance growth with financial stability, ensuring that the business can thrive independently of continuous external funding. Let's prioritize ✅✅✅ creating value and building trust in our healthcare ecosystem to make a sustainable business model.📉📉 Short-term gains should not come at the expense of long-term viability. #BusinessStrategy #HealthcareIndustry #SustainableGrowth #DiagnosticLaboratory #IndiaBusiness
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Archit Pareek
Senior Care Reforms in India - Reimagining the Senior Care Paradigm I recently summarized a 140-page report by the Government of India on senior care reforms. This detailed paper proposes crucial changes to improve care and support for our aging population. In this post, I’ll share key insights and takeaways. Whether you're in healthcare, policy, or simply care about elder support, these findings are essential for understanding the future of senior care in India. #SeniorCare #ElderlyCare #HealthcareReforms #India #Finance #Research
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Indraprastha Apollo Hospitals , New Delhi
Suffering from that burning sensation in your stomach? Dr. Hitendra Kumar Garg, Senior Consultant - Gastroenterology and Hepatology at Apollo Hospitals, New Delhi, breaks down the reasons behind this common symptom and offers valuable insights. Watch the video to understand what causes stomach burn and how to find relief! #StomachBurn #Gastroenterology #HealthTips #ApolloHospitals
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Rohit Singh
As we look towards the formation of the new Indian government, there are significant expectations for the advancements in our healthcare sector. The current scenario presents both challenges and opportunities that require immediate and sustained attention, and I hope the new leadership prioritizes the following: 1. Increased Budget Allocation: A substantial increase in the healthcare budget is crucial to enhance infrastructure, accessibility, and quality of medical services across urban and rural areas. Addressing the infrastructure gaps in rural and urban areas must be a priority. We need well-equipped facilities, trained medical personnel, and streamlined supply chains to ensure that healthcare is accessible to everyone, regardless of location. 2. Strengthening Primary Healthcare: Focusing on robust primary healthcare systems to pre-empt serious health issues through early detection and timely intervention. Investment in preventive healthcare and wellness programs will reduce the burden on our healthcare facilities and improve the overall quality of life for our citizens. 3. Universal Health Coverage: Ensuring every citizen has access to affordable and comprehensive healthcare services, regardless of socioeconomic status. Affordability and transparency must be at the core of healthcare policies. Making treatments and medications affordable while ensuring transparency in pricing and processes will foster trust among the people. 4. Technological Integration: Leveraging cutting-edge technology to modernize healthcare delivery, improve patient outcomes, and streamline operations within the healthcare ecosystem. The integration of AI, telemedicine, and data analytics can revolutionize the way we diagnose, treat, and manage health issues. Encouraging innovation and providing a supportive regulatory framework can accelerate this transformation. 5. Healthcare Workforce Development: Investing in training and retaining skilled healthcare professionals to tackle the growing demands of the population. 6. Public Health Awareness: Intensifying campaigns to educate the public on preventive healthcare measures, encouraging healthier lifestyles, and reducing the incidence of chronic diseases. Let’s hope that the new government takes bold and decisive actions to transform our healthcare sector into a model of excellence for the rest of the world.
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Bhavan Bhavsar
Charting India's Healthcare Landscape: Trends, Triumphs, and Tech.The Indian healthcare market is booming, with a valuation of approximately $216 billion in FY23! 📈 Diagnostics alone constitute about 6% of this vast ecosystem, highlighting the importance of healthcare services in our society. The healthcare delivery sector is expected to grow at a remarkable rate of 18%, showcasing immense potential for expansion and innovation. Market segmentation reveals a diverse landscape, with hospital chains, home healthcare, and various hospital sizes each contributing to the overall market share. The top 15 hospital chains command 6% of the market, while smaller hospitals and nursing homes/clinics hold a substantial 22%. Pharmaceuticals and life sciences constitute a significant 26%, indicating the breadth of medical innovation and research in India. Despite its small footprint, India's digital health sector holds immense promise for disruption and innovation. From telemedicine to AI diagnostics, the possibilities are endless. Digital health transcends barriers, offering solutions that revolutionize healthcare delivery. With advancing technology, we stand on the brink of a transformative digital health revolution. But that's not all! The market also encompasses medical devices, fitness solutions, and the crucial financing ecosystem. Private and public insurance play a pivotal role, with standalone health insurers (SAHI) focusing solely on health insurance products. With such dynamic growth and diverse opportunities, the Indian healthcare market promises immense potential for stakeholders across the board. Let's continue to innovate and collaborate to drive a positive impact in healthcare delivery and wellness nationwide! #Healthcare #IndianHealthcare #MarketInsights #Innovation #Wellness #HealthTech #digitalhealth
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Nicola Pangher
India's healthcare sector is rapidly growing, with private equity and venture capital investment reaching an unprecedented $5.5 billion in 2023, a 25% increase from the previous year. Despite a broader downturn in global deal activity, the country's dynamic economic trajectory and increasing healthcare needs provide a great opportunity to develop healthcare services for a growing number of patients with the ability to pay. Advent International, TPG, Temasek, and Quadria have already made significant investments in Apollo Hospitals, Manipal, and Nephroplus. As someone who is generally skeptical about private equity investment in acute care multispecialty chains, I believe it's important to note that these investments require patience and local knowledge. TPG, for example, waited 8 years for its exit in Manipal and reinvested the proceedings again in the company with a new fund. State operators like Temasek have the possibility to manage shareholding with longer time intervals. And Quadria's investment in Nephroplus was based on the company's focus on regional healthcare operators, which they were able to spot from their HQ in Singapore. India's healthcare revenues are projected to more than double, reaching approximately $219 billion by 2027, driven by rising incomes and increasing prevalence of non-communicable diseases. An additional driver for growth will be the government's efforts to expand public insurance to low-income households. It's clear that private equity investment in India's healthcare sector is a trend to watch closely. #healthcare #privatehealthcare #privateequity #PE #india #indiahealthcare #manipal #nephroplus #tpg #quadria
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Dr. Sachin Jadhav
In 2023, the healthcare and life sciences sector in India saw a significant investment of US$5.9 billion across 103 deals, with 76% of the funds going to consumer healthcare. Images Source: India Private Investments Report 2024, Praxis Global Alliance. #HealthcareInvestment #HealthcareFunding #ConsumerHealthcare #investmenttrends
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ICTC Indian Cancer Treatment Centre
Watch the insightful panel discussion about Ovarian Cancer moderated by Dr. Rohit Pai, an esteemed figure in oncology from ICTC Sion on the eve of Ovarian Cancer Day. Dr. Rohit Pai leads a distinguished panel of experts to explore the nuanced role of Bevacizumab & Rucaparib in the maintenance therapy landscape of ovarian cancer. Navigate through the complexities of ovarian cancer treatment strategies, shedding light on the optimal utilization of Bevacizumab & Rucaparib in maintenance therapy. Watch here - https://lnkd.in/dAgxb29F #ovariancancer #ovariancancerday #ovariancancerawareness #ovariancancerresearch #Ovarian #ovarianhealth #ictc #drrohitpai #indiancancertreatmentcentre #cancertreatmentcentre #cancertreatment #cancerawareness
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Brig Arun Pandey, VSM
The FHWP Seminar was recently concluded in Expo Mart Greater Noida. Our Technology Consultant Asish Sharma has analysed the insights as below. 1. **Human Touch in Healthcare**: While technology aids in lead generation, human intervention remains crucial in converting leads. 2. **Innovative Solutions**: Impressed by Vaidam's use of chatbots for multilingual patient communication, reducing the need for translators and enhancing efficiency. 3. **Challenges in Patient Management**: Addressed serious issues like patients going missing post-arrival and the tendency to switch hospitals after confirmation. 4. **Reputation Management**: Recognized the need to improve the perception of Indian healthcare abroad, especially in Europe. 5. **Targeted Solutions**: Highlighted the effectiveness of addressing specific problems within the medical tourism chain, such as pick-up/drop-off services and follow-up management. 6. **Human-Centric Approach**: Despite the potential of AI, human resources remain essential in delivering quality healthcare services. 7. **Data-driven Solutions**: Identified the need for data analysis in the fragmented medical tourism sector. 8. **Digital Presence**: Noticed an opportunity to enhance the international digital presence of Indian hospitals. 9. **Challenges in Patient Referral**: Explored the difficulties in patient referrals due to data sharing issues and agent barriers. 10. **AYUSH Sector Growth**: Acknowledged the growth of the AYUSH sector despite lower ticket sizes. 11. **Tech Adoption**: Discussed the early-stage adoption of AI/ML/Blockchain in the sector. 12. **Tech Literacy Gap**: Addressed the presence of non-tech-savvy players dominating the industry. 13. **Marketing Investments**: Highlighted the need for hospitals to reassess their international marketing strategies for tangible results. 14. **Investment Potential**: VC firms anticipate the rise of unicorns in the medical tourism sector, given its immense growth potential. 15. **India's Competitive Edge**: Recognized India's affordability and efficiency in initiating medical treatments, surpassing competitors like Turkey and Thailand. 16. **Innovative Solutions**: Encountered a CRM platform for medical tourism, although acceptance among stakeholders remained a challenge. 17. **African Support**: Explored opportunities for collaboration with African countries, focusing on post-care follow-up and healthcare facility setup. Excited to be part of such insightful discussions shaping the future of medical tourism! #FHWPConvention #MedicalTourism #HealthcareIndustryInsights 🏥✨
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Abhishek Thakur
The success of healthcare programs cannot always be measured in numbers. In India, the impact of government and aided programs has been significant, especially concerning maternal mortality and infant mortality. However, as we have reduced cases for both quite significantly, there are other silent killers for women that we have missed. One key missing parameter in maternal health is compliance with doctor visits post-discharge from the hospital. As an organization with limited resources, PregAmie conducted a small study on a cohort of 100+ patients from a reputed hospital in a tier 1 city. These patients were new mothers (delivery date - 3 months or more), each of whom spent more than INR 50,000 during their delivery, which is quite high even for average private hospital standards in India. The findings were shocking: 1. The average number of OPD visits with a gynecologist post-discharge within 90 days was 1.2 in the case of C-section deliveries. The World Health Organization (WHO) recommends 3 or more visits. 2. 95 percent of patients in the cohort had no knowledge about postpartum blues. 3.The majority of patients were not happy with the postpartum care provided by the healthcare provider. What we provide: At PregAmie , we intend to provide care to women during the postnatal period using our extremely simple app and a lot of human-driven touch. The idea is to not let women suffer when most of the ecosystem focuses on the newborn. We are looking to engage with stakeholders to share detailed insights. World Health Organization Femtech Insider Cloudnine Group of Hospitals Motherhood MAMTA - HEALTH INSTITUTE FOR MOTHER AND CHILD #maternalhealth #women #mentalhealth #health
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Dr. Jagadeesh Gandla
Scientific and Technological Advances in Life Sciences: An Overview Divya Telidevara, myself and Reddanna Pallu sir have penned our thoughts for the Digest June 2024 edition for the Maharashtra Economic Development Council (MEDC) Find the full version here and give it a read https://lnkd.in/dfCnvDF2
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Manoj Joshi
Navia Life Care: Solving clinical outcomes with quality care #TheBigQuestion: How is Navia Life Care leveraging teleconsultations and a comprehensive #CRM system to enhance patient care, and facilitate pharmaceutical engagement, in establishing itself as India's leading #healthcare transaction platform? The Navia Life Care health care technology firm was founded in 2016 by Gaurav Gupta, Kunal Kishore Dhawan, Nupur Khandelwal, and Shourjo Banerjee. The company specialises in patient care. The creator is adamant about expanding health care in an easy-to-understand manner. With the help of such tools, consumers may easily manage their health. Intending to offer comfortable, easy-to-use solutions for improved health management, the start-ups' mission is to improve people’s lives through innovative goods and services. This start-up has caused a stir by offering expertise in voice electronic medical records, artificial intelligence, healthcare, and patient involvement. It has also enabled data-driven decision-making through digitization. Through teleconsultations and digital health records, their platform for healthcare technology helps doctors and hospitals improve patient outcomes and communication. They also provide data insights and content engagement to the pharmaceutical businesses in this healthcare sector. Navia has created a unique CRM system for physicians that facilitates all interactions and transactions related to prescription drugs. To become the largest healthcare transaction platform in India, Navia Healthcare provides a growth-oriented staff with extensive knowledge of pharmaceuticals, healthcare, and life sciences, supported by international financial and strategic investors. Indian Institute of Information Technology Lucknow Singapore Management University
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