Category — Healthcare
Well-versed in technology, Shelly Saxena believes that text campaigns, Telemedicine alone, and mobile phone health initiatives won’t be able to deliver healthcare in India since these applications would never be able to replace the need for a patient to meet up with a doctor.
“Whether you’re poor, middle class, or wealthy, you want to see a doctor, and you would prefer to see that doctor in person,” says Saxena who developed SevaMob in 2012: a solution that combines technology with services to cater to India’s healthcare needs.
SevaMob is a mobile clinic that offers dental care and treatment, eye exams, and an endless list of tests — dengue, malaria, hemoglobin, diabetes, urine analysis, and more. The vans come with doctors, accredited professionals to carry out tests, and aides, reports Forbes.
To keep costs low and the service affordable, Saxena rented vans from local agencies or even from Uber, and fitted them with the necessary diagnostic equipment. In lieu of offering consulting to individuals, he started offering consulting to groups such as private corporations, social enterprises or indeed any group of at least 60 people or more that would pay for the services offered. Currently, the service is available in 7 states in India and recently, Sevamob expanded to South Africa and Lesotho.
Sevamob has added two other layers to their services: an online portal where patients can search for doctors and specialists. If the patient cannot physically reach a doctor that is far away, he/she can pay for an “online visit”. For such patients that do not have access to Internet, Sevamob provides a 24/7 hot line where staff in a call center help patients locate pharmacies, doctors or specialists.
Saxena believes strongly that healthcare in India cannot be completely digitized: it’s got to be layers of services that complement one another and a business model that caters to crowds, not individuals, he says.
November 10, 2015 No Comments
The $4.8 billion Indian health care equipment market is dominated by three large multinational companies—Philips, GE Healthcare India, and Siemens—which together account for a major share of high-end equipment. Dutch company Philips, is the market leader.
To keep ahead of the competition, Philips India’s operations will re-organize shortly
Three factors, which are unique to India’s healthcare sector, are driving changes in Philips’s business model in India, reports Forbes:
1. Cash-Strapped Sector – India’s per capita healthcare spend, at $45, is way below other BRIC countries. India’s total expenditure on healthcare is about 5.2 percent of its GDP of which 1.2 percent is funded by the government according to PricewaterhouseCoopers data. Enter the PPP model – Private-Public Partnerships: “This model brings in private sector capital and efficiency, uses government infrastructure and draws in modern technology to deliver equitable, affordable and quality health care,” says Chhitiz Kumar, head, Philips Capital and Business to Government and PPPs. He says this model has gained a lot of traction in the states of Rajasthan, Gujarat, Karnataka and Haryana. Philips’ revenues through the PPP route are growing at 70 percent year-on-year, adds Chhitiz Kumar.
The other innovation is the ‘pay-per-use’ model. “The cost of health care equipment works up to 30 percent of a hospital’s project cost, and if this can be eliminated through a pay-per-use basis, the initial investment costs come down dramatically,” says Vishal Bali, former group CEO of Fortis Healthcare. “The pay-per-use structure also helps hospitals price their services aggressively.”
2. Need for Localization – “India-focused innovation brings down costs and gives the much-needed edge in a competitive market,” says Dr Rana Mehta, partner & leader, Healthcare, PricewaterhouseCoopers India. Philips’ Healthcare Innovation Centre in Pune, in the western state of Maharashtra “combines technology and market knowledge. It also helps design products that are unique to India’s needs like that of durability, higher throughput and handling voltage fluctuations,” explains Rekha Ranganathan, head of this institute. The Pune centre has so far launched five products, focusing on the twin aims of affordability and profitability. “When it comes to value engineering, India is the best,” Ranganathan added referring to the company’s initiative to increase manufacturing in India which has been nominated as the global hub for the company’s mobile surgery business.
3. Shift to Services – customers are increasingly seeking to buy better services, and Philips recently launched a Healthcare Transformation Services business. “Health care is shifting from doctor/hospital-centric to patient-centric. Also, delivery is becoming dis-aggregated. Single monolithic entities are giving way to small specialty hospitals. Our focus is to help hospitals change in line with these trends,” says Dr Adheet Gogate, senior director, Healthcare Transformation Services. He and his team study the process flow in hospital wards to find ways to improve productivity—whether it is reducing the time taken to discharge a patient, increasing an equipment throughput or optimizing work flow in operation theaters.
November 10, 2015 No Comments
The Dutch business intelligence firm, Wolters Kluwer based in the Netherlands, is on track to increase its presence in India through acquisitions and tie-ups. Their software product UpToDate is already in use in many of the major hospitals in India, said Corinne Saunders, chief executive officer, developing and emerging markets, Wolters Kluwer. “It helps doctors understand health problems better,” added Saunders.
The product is an “evidence-based, peer-reviewed information resource” that helps doctors answer questions quickly, increase clinical knowledge and improve patient care reports Business Standard.
“In India we will be expanding in the digital health segment. We will target hospitals in tier-II and III cities and showcase our products and explain the need for them to adopt such software,” said Shireesh Sahai, chief executive officer, Wolters Kluwer India.
The company plans to come out with more app-based solutions for various sectors, such as the tax and accounting sector with software made in its research laboratory in Pune.
October 12, 2015 No Comments
Royal Philips, a Netherlands-based company, launched its Healthcare Innovation Center in Pune, in the western state of Maharashtra – the first-of-its-kind in an emerging market.
In an interview with Business Standard, Sameer Garde, president, South Asia, Philips Healthcare, said, “At present we are focused on diagnostic, therapy, treatment, post therapy, and home care. But there is a significant amount of opportunity in healthy living. It is an upstream solution for healthcare. At present we are directly concerned with patients who have had an incident and require a diagnosis or intervention. What we want to get into is upstream health opportunity which is healthy living. This will constitute products such as Airfryer, skin care products, and hair care products. Prevention is a huge part of healthcare, if India as a country spends and focuses on healthy living the cost of downstream cost on health will go down.”
Healthcare is the biggest revenue generator for the company with the segment’s contribution touching 50 percent revenues.
n an emerging market.
September 6, 2015 No Comments
India’s National Institute of Pharmaceutical Education and Research (NIPER) located at Mohali, in the northern state of Punjab, has been able to manufacture raw material for generating nanocrystal-based medicines. The U.S. and Ireland are other countries where this capability exists.
NIPER has obtained an Indian patent for the technology and has applied for the U.S. and the European patents. The technology will cut the cost of such drugs by almost half, claim experts who have developed the technology in NIPER, reports The Times of India. NIPER’s process still remains in lab trials, but the institution has entered a development and commercialization agreement with Indian Windlas Biotech.
Dr. K. K. Bhutani acting director of NIPER said, “Unlike the available and patented technology abroad, the indigenous process generates nanocrystals directly as a solid powder, rather than as a nano-suspension in liquid that has to be subsequently converted into a solid. This has helped in cutting down the cost of generating nanocrystal raw material and opening further competition in the pharmaceutical drug development market.”
September 3, 2015 No Comments