Rakesh Deshmukh

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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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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hallenges for Big Healthcare Chains in Expanding to Tier 2 & 3 Cities: Despite their success in urban centers, Indian healthcare giants like Apollo and Fortis face several challenges when establishing in Tier 2 and 3 cities: 1. Infrastructure Gaps: Smaller cities often lack the necessary infrastructure like good roads, reliable electricity, and clean water, making it harder to set up advanced medical facilities. 2. Talent Shortage: Attracting specialized doctors, nurses, and skilled staff to smaller cities is difficult due to limited local talent pools and lifestyle preferences of urban professionals. 3. High Operational Costs: While land and labor may be cheaper, the cost of medical equipment, advanced technology, and logistics remains high, limiting the profitability in less populated areas. 4. Limited Awareness & Accessibility: Patients in Tier 2 and 3 cities often lack awareness about advanced treatments or are unable to afford them, creating a mismatch between the services provided and the actual healthcare demands. 5. Government Regulations: The regulatory framework, particularly in smaller cities, can sometimes be more rigid, leading to delays in clearances and licenses. Though these challenges exist, there is a tremendous potential for growth as these regions represent a large untapped market, ripe for innovative healthcare solutions. #Healthcare #nagpur #apollohospitals #fortis #fortishealthcare #hospitalmanagement #medicalconsultancy #medicalmanagement #healthinfrastructure #shravanhospital #shravankhetn

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hallenges for Big Healthcare Chains in Expanding to Tier 2 & 3 Cities: Despite their success in urban centers, Indian healthcare giants like Apollo and Fortis face several challenges when establishing in Tier 2 and 3 cities: 1. Infrastructure Gaps: Smaller cities often lack the necessary infrastructure like good roads, reliable electricity, and clean water, making it harder to set up advanced medical facilities. 2. Talent Shortage: Attracting specialized doctors, nurses, and skilled staff to smaller cities is difficult due to limited local talent pools and lifestyle preferences of urban professionals. 3. High Operational Costs: While land and labor may be cheaper, the cost of medical equipment, advanced technology, and logistics remains high, limiting the profitability in less populated areas. 4. Limited Awareness & Accessibility: Patients in Tier 2 and 3 cities often lack awareness about advanced treatments or are unable to afford them, creating a mismatch between the services provided and the actual healthcare demands. 5. Government Regulations: The regulatory framework, particularly in smaller cities, can sometimes be more rigid, leading to delays in clearances and licenses. Though these challenges exist, there is a tremendous potential for growth as these regions represent a large untapped market, ripe for innovative healthcare solutions. #Healthcare #nagpur #apollohospitals #fortis #fortishealthcare #hospitalmanagement #medicalconsultancy #medicalmanagement #healthinfrastructure #shravanhospital #shravankhetn

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

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M&A and turnaround of healthcare facilities!   Took the Masterclass on 28 September.   India is the fastest growing major economy. It is the fifth largest economy and the third largest in terms of PPP. Healthcare industry is one of the biggest employers employing ~7.5 million people. Current size of the healthcare industry is $372 billion and is expected to increase to $638 billion by 2025, growing at a CAGR of 16-17%. India still spends less than 5% of its GDP on healthcare, as against the OECD countries 8-10% and the US a whopping 20%.   Most legacy providers are consolidating aggressively and almost 30000 crores has been invested over the last 4 years with some mega deals have also been signed, powered by PE firms. Part of this investment could be used to extend delivery to Tier2/3 towns wherein the care delivery remains abysmal.   Integration of the newly acquired healthcare facilities (brownfield projects) becomes paramount for the providers/ PE firms to cerate value for their stakeholders. It entails design and execution of a prudent comprehensive business strategy.   Greenfield healthcare projects present a unique challenge to operationalize and turn profitable since all expenses are front loaded. In the absence of comprehensive strategy, turnaround is well-nigh impossible.   I’ve brought out key highlights of the same during my masterclass. Senior executives in the C-suite might find some of the strategies useful.   Please go through the full video and I’d love to hear your thoughts and valuable inputs on what strategies you have found viable in your organisations. Many of the KPIs in my presentation have been culled out of my own personal experience and could differ from yours. But that’s what diversity of experience is all about.   The ‘100 Day Plan’ that I made for one of my healthcare facilities could be a useful tool for some of you, as could other strategic paradigms discussed herein.   Enjoy the session in your own time.   I’m also attaching my presentation to maximise learning. Feel free to use it to enhance knowledge and benefit those in your teams.   Link for the full video for those who missed the session: https://lnkd.in/g7hsxyZE   #ayushpay #mergersandacquisitions #turnaroundstrategies #healthcare #hospitalindustry   AyushPay | Nimith Agrawal | Vivek Kapoor | Aanchal Dewan | Neer Samtani | Amit Kukreja | payal thakkar | Healthcare Continuum |  Raghavv Goyall

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Here’s some great news for health tech / age tech! My main man Anurag Ram Chandran and his co-conspirator Ayush Agrawal have launched Kubo Care Private Ltd : a technology platform to assist senior living. I've seen their PoCs, and they are doing some really exciting work. Big props to Antler India for getting this talent together and giving them an ecosystem to conceive and then start executing this idea! More than the PoC, I've seen the guys upfront and I can tell you that they really want to solve for better living for our senior citizens. With more and more intra and inter national migration of the newer generation, we need technology to help us take care of fastest growing population in India today : our senior citizens. Healthy, safe, happy, respectable and comfortable aging is not just a social responsibility to maintain the fabric of society, but also a massive business opportunity. The middle class 60+ population is also more independent than ever. They don’t want to travel to the US and spend time in cold places where they are always dependent on someone to drive them around. They want their activities, community, shopping and routines (which are often better than those of much younger people). Technology to enable this is a massive opportunity. My friends at Ubiqare Health have also been working on this opportunity : remote monitoring technology for healthy to palliative usecases. The beauty of building a company is that you can create something that never existed. Here’s hoping that Kubo et al can create something brilliant, that our elders will be proud of and delighted to use 😁

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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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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

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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!

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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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Healthtech startup Confido Health has secured $3 Mn (around INR 25.5 Cr) in its seed funding round led by Together Fund👇 The startup plans to use the fresh capital to improve its AI tech stack and broaden its reach across specialties such as surgery, orthopedics, dental and pediatrics. Besides, it also plans to scale up growth by fostering enterprise partnerships. Founded in 2022, by Chetan Reddy and Vichar Shroff, Confido Health assists healthcare providers in minimising administrative tasks using AI-driven automation. 🔗To read the in-depth article, click here: https://4-2.co/49KLx3m #news #healthtech #startup

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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?

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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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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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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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