Joyneel Acharya

Even though Top-5 Hospitals in 🇮🇳 grew 17.2% YoY in Revenue in FY24 & the PE investments were also BULL-ish🐂 but why are the Healthtech investments still BEAR-rish🐻? 🔻Is it that the PE-funded Branded hospitals are busy in 🔻expanding their reach PAN-India but NOT that much in 🔻bringing AI in Healthcare and incorporating Healthtech 🔻at every step of Patient Experience? ➡ Have a look at some of the prominent names in Indian Hospital Industry: 1-Apollo Hospitals- Rs. 19,059Cr (14.7% YoY) 2-Fortis Healthcare- Rs. 6,892Cr (9.4% YoY) 3-Manipal Hospitals- Rs. 6,500Cr (41.3% YoY) 4-Max Healthcare- Rs. 5,406Cr (18.5% YoY) 5-Narayana Health- Rs. 5,018Cr (10.9% YoY) 6-Aster DM Healthcare- Rs. 3,698Cr 7-Medanta- Rs. 3,275Cr 8-KIMS Hospitals- Rs. 2,498Cr 9-HealthCare Global (HCG) - Rs. 1,912Cr 10-Rainbow Children's Hospitals- Rs. 1,236Cr 11-Kovai Medical Center and Hospital (KMCH)- Rs. 1,219Cr 12-Shalby Hospitals- Rs. 933Cr 13-Artemis Hospitals- Rs. 878Cr 14-Yatharth Super Speciality Hospitals - Rs. 670Cr 15-Dr.Agarwal's Eye Hospital- Rs. 319Cr 16-Kauvery Hospital- Rs.177Cr 17-Lotus Eye Hospital and Institute- Rs.48Cr 18-Aashka Hospital- Rs.22Cr ➡ As far as Temasek is concerned: ✨ It bought an additional 41% from Manipal by pumping $2B, valuing it at Rs.40,000Cr. *Since then the revenue has jumped by 59% from Rs.4,600Cr to Rs.6,500Cr. ✨ It might buy 60% of HealthCare Global (HCG). ✨ Temasek also invested $80m in Dr.Agarwal's Eye Hospital as well. ✨ This $2B has allowed Manipal Hospitals to acquire Medica Superspecialty Hospital, Kolkata with 1400 beds spread across 11 hospitals in Bihar, West Bengal, Jharkhand & Assam. ✨ It also bought off 17% stake in Medanta from Punj Lloyd Limited. ➡ IHH Healthcare had acquired Gleneagles and bought 31% stake in Fortis Healthcare. ➡ Blackstone invested in KIMSHEALTH and bought 80% in it. ✨ Let me know your honest point of view on this infra expansion. Is it good for us or bad? ✨ Do you think Mid-Size Hospitals improve their survival chances adopting technology & investing in building world-class Patient Experience? 👨‍⚕️ Are you, as a DOCTOR-RUN hospital, confused about your future, Follow AGENDA+HEALTH | DM with your issues. #healthcare #healthtech #india #hospitals #doctors #PE #privateequity #revenue #market #valuations #mergersandacquisition #HealthcareIndustry #MedicalTourism #IndianHealthcare #HospitalManagement #HealthcareServices #HealthcareBusiness #HealthcareFinance #HospitalOperations #CostOptimization #PatientCare #MedicalServices #HealthcareEconomics #HospitalAdministration #HealthcareSuccess

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How does India deliver “Care” to rural communities through Digital Health? The mission of an ideal Digital Health Solution should be to deliver hospital-grade care, anytime and anywhere across India & the globe. The Solution should enable multiple health screens & deliver high-quality care regardless of whether the rural community has a local Doctor or a trained Nurse or whether they have power or WiFi, etc. While challenges like power & WiFi can be addressed through technology, how does one deliver health screens & diagnostics without the presence of a local Doctor or Nurse? Enter the ASHA Worker. THE most critical “Non-Technology” component of our Digital Health Solution. It is the Asha worker who ensures that all tasks related to creating a patient profile, capturing patient symptoms, and measuring patient vitals, are completed efficiently despite the unavailability of qualified medical professionals. The Asha workers also visit patient’s homes to provide door-to-door care – especially for older patients with mobility issues and for expectant mothers who may not be able to visit a clinic. And finally, there’s an emotional element to delivering good quality “patient care” that cannot be fulfilled by ANY technology, and which is warmly delivered by the Asha worker. The Asha workers also need to be provided with a digital health solution that has advanced telemedicine capabilities but is extremely easy to use. That was the design mantra for the RHEMOS Health Station. India’s smallest & easy-to-use rural care solution. It enables Asha workers to administer 60+ critical vitals, blood/urine & pre-natal tests in village PHCs. The Health Station can also be carried to a patient’s home to deliver high-quality care ensuring huge patient convenience. Once it measures vitals, it transmits test results to App & Cloud to enable remote Doctor interventions & treatment. RHEMOS also works offline if cellular networks are unavailable & enables local health screens and collects test results, which are all transmitted to cloud once the cellular network is restored. It is also designed to work on Battery & Bluetooth to ensure no dependence on power or WiFi. And finally, with the capability to measure 60+ vitals & bio-markers, it can be used by Asha workers to deliver comprehensive primary care, chronic care, prenatal care, NCD & Anaemia detection health camps, etc. In conclusion, it is the Asha workers that define the success of digital health & enable us to connect rural patients with remote doctors for treatment. They reduce our reliance on medical staff and drastically cut care delivery costs. They accelerate rural care implementations, and ensure easy access to affordable and high-quality care in remote and underserved rural communities, which also makes this a massively scalable initiative. Click to know more: https://lnkd.in/dWHqZsJZ #healthtech #medicaldevices #digitalhealth #telemedicine #medtech #remotehealthcare #healthcaremonitoring 

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AI is set to reshape healthcare! Medtech startup Qure.ai has secured $65 Mn (INR 543 Cr) in a Series D funding round, co-led by Lightspeed Venture Partners and 360 ONE Asset Management. The round also saw participation from Merck Global Health Innovation Fund, Kae Capital, and existing investors Novo Holdings, Health Quad, and TeamFund. This funding will be used to: 1. Expand in the US and other global markets 2. Enhance its GenAI foundation models 3. Support future acquisitions Founded in 2016 by Prashant Warier, Qure.ai leverages AI to revolutionize medical imaging diagnostics, detecting critical conditions such as brain trauma and chest diseases from X-rays, CT scans, and MRIs in record time. The impact of AI in healthcare is immense, addressing bottlenecks in diagnostics, drug discovery, patient management, and even surgical robotics. It is evident that India's medtech sector is booming! Startups like SigTuple and Visit Health raised significant funds, and Innovaccer is in talks for a $200 Mn-$250 Mn funding round,Last month. SOurce - https://lnkd.in/dekh2qSs Prashant Warier Kudos to the team Dr Abhilash O V Manishkumar Jain Hardik Solanki Dr Ishan Yadav M Nagarajan #MedTech #AI #HealthcareInnovation #DigitalHealth #QureAI #Startups #Funding #Tech

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~40% revenue from DIGITAL only!! Apollo Hospitals in their financial report 2023-2024 revealed almost ~40% of their revenue comes from digital health and pharmacy distribution channel! That's a sizable share for a big conglomerate like Apollo!! However, if you look closely, their DAU is only 2% of app registered users (33Mn)!! Makes me wonder how large the untapped market is, given India’s digital health market is projected to grow at a CAGR of 23.8% by 2030. 𝐖𝐡𝐚𝐭 𝐰𝐨𝐫𝐤𝐞𝐝 𝐨𝐮𝐭 𝐰𝐞𝐥𝐥 𝐟𝐨𝐫 Apollo Hospitals ? 1️⃣ 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬: Apollo’s 24/7 platform connects millions with teleconsultations, diagnostics, and online pharmacy services, providing seamless care and enhancing patient engagement. 2️⃣ 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐂𝐚𝐫𝐞 𝐅𝐨𝐫𝐦𝐚𝐭𝐬: a. Apollo Clinics: Over 1,400 clinics across India offering consultations, preventive care, and diagnostics. b. Specialized Retail Pharmacies: A network of 5,000+ outlets that integrates online and offline services, making healthcare accessible nationwide. 3️⃣ 𝐓𝐞𝐥𝐞𝐦𝐞𝐝𝐢𝐜𝐢𝐧𝐞 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩: Apollo has provided over 20 million tele consultations, ensuring high-quality care reaches even remote areas. 4️⃣ 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐏𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐯𝐞 𝐇𝐞𝐚𝐥𝐭𝐡: With initiatives like ProHealth, Apollo uses AI-driven insights to deliver personalized preventive care plans, boosting long-term health outcomes. 5️⃣ 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬: Partnerships with technology leaders enhance their ability to adopt cutting-edge solutions, from AI-driven diagnostics to digital patient management systems. I am curious about what's the status of other large chains in India? How much digital impacts their core secondary/tertiary care? Let me know your thoughts in the comments below 👇 Source: Sehj Kashyap; Apollo FY 2023-2024 (https://lnkd.in/gn3UHYiv) Also, I am building a community The Healthtech Collective that brings people all across healthcare at one common platform to facilitate collaboration and awareness of cutting edge solutions in health tech!! If this excites you join our community here: https://lnkd.in/gqbpj-Nu Medanta Max Hospital Paras Hospital Narayana Health Fortis Healthcare #DigitalHealth #HealthcareInnovation #ApolloHospitals #IndiaHealthTech #RetailPharmacy

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The Top ranking hospital group makes the revenue that equals the combined profits of the other 3 hospitals out of top four in the list of hospital groups in the country!

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Transforming Healthcare! With the #AyushmanBharatDigitalMission, India is establishing a digital health system to manage health records & make accessing healthcare easier and faster. #DigitalHealth #AyushmanBharat #HealthcareForAll #DigitalIndia

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WEEKLY UPDATE ON HEALTH TECH : QUICK READ Stay ahead in the medtech world by following this page. The Impact of GenAI Adoption on Indian Healthcare GenAI adoption in India's healthcare sector, though currently focused on chatbots, is evolving rapidly. Indian startups are enhancing their capabilities to match global standards, particularly in conversational AI. Despite GenAI being in its early stages, experts agree that human intervention will remain essential. Key Developments: 1. Conversational AI: Indian startups are finding significant use in healthcare, improving patient communication and support. 2. Applications: GenAI is being integrated for patient communication, clinical documentation, remote monitoring, medical imaging interpretation, and analytics. 3. Examples: Qure.ai and Boltzmann Labs use GenAI for AI-based research. Augnito has developed a voice AI platform for real-time medical transcription, enhancing patient consultations. Future Prospects: - GenAI is expected to transform various aspects of healthcare, including personalized treatment plans and drug discovery. - Improved rural healthcare access through telemedicine, streamlined administrative tasks, and enhanced patient engagement are anticipated benefits. - GenAI's role in disease diagnosis and precision medicine is promising, with tools aiding in early diagnosis and personalized treatment plans. Challenges: - Ethical concerns, data privacy, and security issues must be addressed. - Ensuring the accuracy and reliability of AI solutions is crucial for widespread adoption. - Risks of Intellectual Property theft require robust cybersecurity measures. Overall, while GenAI offers significant potential, its successful integration into Indian healthcare will depend on overcoming these challenges and ensuring ethical and secure implementation. #healthcareai #healthtech #genai

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Dr. Urvashi Prasad, Director, Office of Vice Chairman, NITI Aayog at the 13th Healthcare Innovation Summit and Awards 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 ➤ Covid-19 was truly a watershed moment for digital innovation in the Indian healthcare system. Telehealth received a significant boost, and we even introduced telemedicine guidelines in 2020, marking the first time such measures were implemented in the country. Additionally, India managed to issue digital vaccine certifications to a large portion of the population, whereas many developed countries could only provide physical certificates. The acceleration of digital innovation in the healthcare sector post-Covid has been phenomenal. We were able to build on this momentum, scale it up, and integrate it within the healthcare system. ➤ Every level of the Indian healthcare system needs the integration of technological and innovative solutions to achieve scale, especially at the public health primary care level, where big opportunities for India lie. Historically, we have had a hospital-based, cure-focused healthcare system. What we need now is a shift towards preventive healthcare. This is where emerging technologies can be a game changer. #EletsHIS Elets Technomedia

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Not sure how many of you have issued your ABHA card and used it, but it seems promising. India's Ayushman Bharat Health Account (ABHA) is a digital health initiative aimed at transforming healthcare delivery. Launched in 2020, ABHA assigns a unique 14-digit health ID to every Indian citizen, serving as a centralized repository for their health records. This digital health passport promises seamless access to healthcare services, reduces administrative burden, and empowers patients to take control of their health. As of 2023, over 50 crore Indians have registered for ABHA, and the number continues to grow rapidly. By connecting patients with healthcare providers across the country, ABHA has facilitated telehealth consultations, improved disease management, and reduced out-of-pocket healthcare expenses. While challenges such as data privacy and digital literacy persist, ABHA represents a significant step towards a more equitable and accessible healthcare system in India. What do you think about this government initiative? #ABHA #DigitalHealth

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Can Digital Health Technology deliver a Healthy Future for Rural India? Digital Health & Telemedicine platforms are in the news for their ability to deliver high-quality healthcare to rural communities. However, many platforms continue to find difficulties in implementation due to many hurdles for which practical solutions are required. Some of the hurdles are: - Do we have enough trained Doctors & Nurses to physically administer tests & deliver healthcare in remote communities? - If trained nurses are not easily available, how will we measure vitals, perform blood/urine tests, etc. for patients in villages? - If there is no cellular network available, how will the telemedicine technology communicate with city based Doctors & Specialists? - How can we provide Affordable & Lab-quality diagnostics in every village for blood & urine tests? - Will the vitals testing & Lab equipment work with intermittent power and WiFi? - Do elders & pregnant women still have to visit the clinic or can you deliver care in their homes? These and other similar questions have been the hurdles for the delivery of hospital-grade last-mile care to rural communities. At RHEMOS Health, we embarked on our mission to deliver hospital-grade care, anytime, anywhere. And these were the challenges that we set for ourselves. Each of these challenges became an important feature in our solution to ensure that we addressed all possible hurdles for delivering a healthy future for rural India. And the result is our RHEMOS Health Station. - India’s smallest, portable & easy-to-use medical-grade digital health solution - Transforms the power of digital health - Enables Asha workers to administer 60+ critical vitals, blood, urine & pre-natal tests in village PHCs without the presence of qualified medical professionals - Portable enough to be carried to a patient’s home to deliver high-quality care @home - Instantly measures vitals and transmits test results to App & Cloud for remote Doctor interventions & treatment - Continues to measure vitals in offline mode (without cellular network) Transmits data once it receives network. - Works on Battery & Bluetooth. No dependence on power or WiFi - Extremely affordable with costs starting at less than Rs. 5000/month - Used for primary care, chronic care, eldercare, pre-natal care, NCD & Anaemia detection health camps - Delivers population health analytics - Massively scalable Experience the way RHEMOS Health Station reduces reliance on qualified medical staff at PoC, connects rural patients with remote doctors for prompt diagnosis and treatment, and drastically cuts care delivery costs. It accelerates rural care implementation and ensures easy access to affordable and high-quality healthcare in underserved communities. Its affordability, size & quick implementation time also makes this a massively scalable initiative. Contact us to know more: https://lnkd.in/dWHqZsJZ #healthtech #medicaldevices #digitalhealth #telemedicine #medtech

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🌟"Healthcare 2025: A Vision for the Future"🌟 Deepak Sharma, Co-Founder & CEO, MedLern , shares his insights on the future of healthcare, focusing on innovation, enhanced patient care, and the evolving healthcare landscape. 🚀#VisionHealthcare2025   Stay tuned for more insights from top leaders in healthcare.   #Healthcare2025 #InnovationInHealthcare #LeadershipBytes #FutureOfHealth #EletseHealth #NewYear2025

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Healthark Insights' Co-founder and President, Mr. Sudeep Krishna, moderated a dynamic panel discussion on 'Life Sciences GCCs Driving Healthcare Innovation in India for the World' at the 'AI in Healthcare Summit: Road to BioAsia 2025'. Panelists Mr. Mahesh Natarajan, Senior Director at Thermo Fisher Scientific, Mr. Mahesh Iyer, Head of Global Biometrics & Data Sciences at Bristol Myers Squibb (#BMS), Mr. Sairam Nair, Head of Global Competency Center at Sandoz, and Ms. Swapna Vadlamani (she/her/hers), Head of People Partnering India at Novartis, shared their experiences on establishing #GCCs and leveraging AI to drive innovation in healthcare. C4IR Telangana | Dr. Purav Gandhi | Ritu Baliyaa #AIinHealthcare #LifeSciences #GCC #HealthcareInnovation #BioAsia2025 #GlobalHealth #AI #HealthTech #Pharma

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. Dr-Net: Revolutionizing Healthcare in India: India's healthcare system, often burdened with inefficiencies and limited accessibility, is witnessing a revolutionary transformation with the advent of digital health platforms. Among the frontrunners in this digital revolution is Dr-Net, a comprehensive healthcare aggregator that is reshaping the way healthcare services are delivered and accessed across the country. By leveraging cutting-edge technology and a user-centric approach, Dr-Net is making significant strides in addressing the challenges of the Indian healthcare system. What people say about us: Dr-Net is at the forefront of revolutionizing healthcare in India, making quality medical services more accessible, affordable, and efficient. By harnessing the power of technology, Dr-Net is bridging the gap between patients and healthcare providers, ensuring that healthcare is no longer a privilege but a readily available service for all. As it continues to innovate and expand, Dr-Net is set to play a pivotal role in transforming the healthcare landscape of India.

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The Ayushman Bharat Digital Mission (ABDM) promises to greatly enhance the effectiveness, efficiency, and transparency of health service delivery. Achala Health Services Private Limited offers a one-stop solution for complete ABDM enablement, including Health ID creation, capture and verification, HPR/HRP data conversion, and health record linking, customizable to your business needs. - Securely store and access medical records - Gain better access to the patient's medical history - Granting consent to share your medical information with HIUs - Managing your consent management preferences and access controls - Make informed decisions with better data access Discover more about our platform: https://lnkd.in/g7qkKDnY #pmjay #ayushmanbharat #hospital #doctors #healthcare #health #ABDM #ABHANumber #patientregistrations #healthid #opd #medicalcolleges #NHAannouncements #digitalhealth #digitalhealthrecords #DHIS #medical #digitalecosystem #healthcareservices #diagnosticreports #healthdocument #dischargesummaries #prescriptions

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it's about transforming lives and reshaping the future of healthcare in India.

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💻 Transforming Healthcare! With the #AyushmanBharatDigitalMission, India is establishing a digital health system to manage health records & make accessing healthcare easier and faster. #DigitalHealth #AyushmanBharat #HealthcareForAll #DigitalIndia Ayushman Bharat Ministry of Health and Family Welfare, Government of India

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FACT Hai… Gyan Nahi… Shift in Indian Health Story – and Long term Government Initiatives. In recent years, the Indian government has introduced significant reforms to strengthen the healthcare sector. A key initiative, Ayushman Bharat, aims to enhance the health system comprehensively from primary to tertiary care, marking a shift from vertical health programs. Its first component focuses on building a next-generation primary healthcare network through Health and Wellness Centres (HWCs) to promote good health and enable early disease detection, particularly for non-communicable diseases (NCDs), which are rising in India. These HWCs prioritize disease prevention and extensive screening, offering sustainable solutions to reduce disease burden and minimize out-of-pocket healthcare expenses, which currently make up more than 60% of health costs. Additionally, the National Digital Health Mission (NDHM) seeks to digitize health records and create an efficient system for managing and exchanging health data. This initiative will help develop registries of healthcare providers, laboratories, and pharmacies while supporting clinical decision-making and enabling services like telemedicine. By improving transparency and efficiency, the NDHM is expected to unlock over USD 200 billion in economic value over the next decade, providing patients with better access to healthcare information, provider credentials, and pricing. Source: https://lnkd.in/dcT3HaXm

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#Healthtech #investments are crucial for enhancing #patient experience, improving operational #efficiency, and driving #innovation in the hospital industry. Despite the bullish #growth in revenue for top hospitals, there is a noticeable lag in healthtech #adoption, which could be due to a focus on expanding #physical #infrastructure rather than integrating advanced #technologies.

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