Nidhi Jain

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

790

117 Comments

How should learning process evolve for software engineers in today's world? My view: AI developers should look beyond mere accuracy. Factors like performance, scalability, and modular development are crucial for ensuring compatibility with future API releases. These elements are essential for robust, future-proof solutions. A big shoutout to KCC team for bridging the gap between industry and academia, and for their dedicated investment in nurturing future leaders and tech innovators. #KCC #AI #software #performance #scalability #innovation

27

2 Comments

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

11

Orange Health Labs secures $12M funding led by #AmazonSmbhavVentureFund to expand diagnostic services across India. Founders Dhruv Gupta and Tarun Bhambra emphasised plans to scale operations, establish new labs, and enhance their six-hour home-based testing service. This marks a significant step in making diagnostics faster and more accessible. #Diagnostics #FundingNews #HealthTech

4

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

14

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 

1

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

41

2 Comments

~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

123

14 Comments

Healthcare policies often define the strength of a nation. With the recent discussions around the Ayushman Card and the proposed Sanjivani Yojana by the Delhi Government, the debate on effective healthcare implementation gains momentum. As we approach the Delhi Assembly elections, AAP leader and former CM Arvind Kejriwal highlights the gaps in centrally implemented schemes, emphasizing the dependency of citizens—even from BJP-ruled states—on Delhi’s robust healthcare infrastructure. This brings us to a crucial question: Is the challenge in policy creation or its implementation? Let’s discuss how healthcare policies can truly serve the people they are meant for. Your thoughts?

9

. 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.

1

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!

2

1 Comment

The session on "From Bench to Bedside: Elevating Patient-Centric Care through Personalization, Technology Integration, and Innovations" at #ETHealthLeaders delves into how cutting-edge technologies and personalized care models are reshaping the healthcare landscape.  Archna Gupta, Group Head, Operation & Service Excellence, Apollo Hospitals. "Standardisation is the key to successful clinical outcome." Sunit Aggarwal - Hospital Chief Operating Officer, CARE Hospitals, Quality CARE India Limited. "Intraoperative neuron avigation is like a GPS system which guides a neurosurgeon to reach the tumour site and remove it precisely." Ram Prasad NV , Director, Solution Engineering, Salesforce India. "Ultimate goal of digital transformation goes through efficiency, availability and patient satisfaction." Dr. Santy Sajan, PhD, MBA, MSIT-C, Group Chief Operating Officer, Paras Health. "Personalization is the present and future of healthcare." Col (retd) Dr Sunil Rao, Group Chief Operating Officer, Sahyadri Hospitals. "We hardly use technology in Indian hospitals and rely on human brains." Prabhat Prakash, Senior Content Producer, ETHealthWorld. (Moderator) Know More: https://bit.ly/3xKJwWC #ETHealthWorld #HealthcareFuture #Summit #EconomicTimes #IndustryLeaders #Innovation #HealthcareLeadership

11

1 Comment

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

2

1 Comment

Dive into a vibrant ecosystem with founders, investors, incubators, and enablers all under one roof at *Etherea*! 🚀 SHE Founders Presents: Launchpad 2.0 📅 Date: 24th April 2024 📍 Location: Etherea, Noida 🌟 Why You Should Join: ✅ Unlock Insights: Get actionable advice and strategies from industry leaders. ✅ Engage & Network: Dive into dynamic discussions and connect with like-minded professionals. ✅ Discover Opportunities: Forge valuable relationships with potential co-founders, mentors, and investors. 👉 Secure Your Spot: bit.ly/shefounders Elevate your entrepreneurial journey with SHE Founders. Don't miss this chance to connect, learn, and grow!

9

1 Comment

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗛𝗲𝗮𝗹𝘁𝗵 𝗠𝗶𝘀𝘀𝗶𝗼𝗻 & 𝗪𝗵𝗮𝘁 𝗶𝘁 𝗱𝗼𝗲𝘀 𝗶𝘁 𝗳𝗼𝗿 𝗵𝗲𝗮𝗹𝘁𝗵 𝗿𝗲𝗰𝗼𝗿𝗱𝘀 The National Digital Health Mission (NDHM), the Ayushman Bharat Digital Mission (ABDM), is an online platform for efficiently exchanging health and medical data. It aims to provide services like virtual consultations, secure access to health records, and the issue of a Health ID card for every Indian. The mission's objectives include establishing robust digital health systems, creating health-related information registries, promoting open standards, and making healthcare services nationally portable. The components of the NDHM include Health ID, electronic medical records, health facility registry, healthcare professionals registry, and NDHM health records. Source: https://lnkd.in/gYAZhhcP

1

Healthcare in India is a complex and multifaceted sector that encompasses both public and private systems. Here are some key aspects: PublicHealth care System 1. Government Infrastructure: - Primary Health Centers (PHCs): Basic health units for rural areas. - Community Health Centers (CHCs): Intermediate level for referral and specialist care. - District Hospitals: Provide secondary care and specialized services. - Medical Colleges and Research Institutes: Tertiary care and advanced medical research. 2. Programs and Initiatives: - Ayushman Bharat: Aims to provide health insurance coverage to economically disadvantaged families. - National Health Mission (NHM): Focuses on maternal and child health, communicable and non-communicable diseases. - Immunization Programs: Extensive vaccination initiatives to prevent diseases like polio, measles, and TB. Private Healthcare System 1. Private Hospitals and Clinics: Ranging from small clinics to large multi-specialty hospitals. 2. Medical Tourism: India is a popular destination for affordable and advanced medical treatments, attracting international patients. Challenges 1. Accessibility and Quality: - Disparities between urban and rural healthcare services. - Variability in the quality of care provided. 2. Infrastructure: - Shortage of healthcare facilities and professionals, especially in rural areas. - Inadequate funding and resources for public health infrastructure. 3. Health Indicators: - High maternal and infant mortality rates. - Burden of both communicable (e.g., tuberculosis, malaria) and non-communicable diseases (e.g., diabetes, cardiovascular diseases). Recent Developments 1. Digital Health: - Increased use of telemedicine and digital health platforms. - Government initiatives like the National Digital Health Mission (NDHM) to create a digital health ecosystem. 2. COVID-19 Impact: - Accelerated development and distribution of vaccines. - Strengthened healthcare infrastructure to manage pandemics. Future Prospects 1. Universal Health Coverage: Expanding access to affordable healthcare for all citizens. 2. Technological Integration: Leveraging AI, big data, and telehealth to improve health outcomes. 3. Public-Private Partnerships: Enhancing healthcare delivery through collaborative efforts. In summary, while India has made significant strides in healthcare, challenges remain in ensuring equitable access and quality care for its diverse population. If you have an interesting idea for disrupting healthcare in India, do reach out to us at :[email protected] 4point0 Health Ventures #healthcareindia #hospital #publichealthindia #uhid #abha #ayushmanbharat #covid19 #healthtech #digitalhealth #medicaltourisim #privatehospital #clinic #publichealth #medtech #medicaldevices

62

6 Comments

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

23

1 Comment