India ranks 145 among 195 countries in terms of quality and accessibility of healthcare. A major challenge is that there is a healthcare delivery gap – there is lack of meaningful patient information, which leads to diagnosis errors or increases the timeline for accurate diagnosis. There needs to be an improved method of healthcare delivery services which would bring about an enhancement in patient care.
Startups are the drivers in the digital healthcare evolution, and the startup MyHealthcare is solving the problem of healthcare delivery gap.
MyHealthcare Technologies Private Limited, the Gurugram-based health tech startup, is a digital healthcare ecosystem that works with hospitals, doctors, and caregivers to enhance the management of patient care continuum processes. The core focus of MyHealthcare is to bridge the healthcare delivery gap using a data driven care process. As a service offering, MyHealthcare is designed to assist hospitals and clinics in building out and scaling their digital healthcare roadmap.
Founded in 2017 by Shyatto Raha, Aneesh Nair, and Divya Laroyia, MyHealthcare is owned by Gurugram-based InnoCirc Ventures.
The platform is a technology partner with hospitals, diagnostic labs, and health clinics to provide patient facing services and improve patient care. Its offerings include mobile electronic medical records (EMR), health trackers, emergency services, video consultations, 24×7 health monitoring, and an integrated care delivery platform for doctors and nurses. MyHealthcare uses technologies such as the Cloud, AI, and real-time Data analytics to enhance healthcare networks. It leverages AWS to scale their digital healthcare platform that caters to the steep traffic surges during the pandemic.
From making more accurate diagnoses, finding links between genetic codes to powering surgical robots, maximizing administrative efficiency, and understanding how patients will respond to treatment plans, there are limitless opportunities to leverage AI in healthcare. Currently, AI is largely used in healthcare for improving diagnostics, drug discovery, predictive patient risk identification, primary care and AI Robot-assisted surgery. MyHealthCare app uses Machine Learning (ML) to compare a patient’s current vital parameters with their past history to do predictive analysis and alert them.
The startup has partnered with 57 hospitals, has managed 20.4 million patients, and has 7800 doctors using their platform. Fortis Group of Hospitals is among its major customers, along with players like Cygnus Hospitals and PH Siloam Hospitals (Myanmar).
MyHealthcare has also launched a home care solution that allows doctors and experts to monitor patients with mild to moderate COVID-19 symptoms remotely.
The started had raised $3 million in 2019 from Mumbai-based fund management company Sixth Sense Ventures. The fund is being utilized for its expansion across Southeast Asia.
Projected a few years ago to be a $150 billion industry by 2026, Artificial Intelligence (AI) systems are radically transforming industries around the world and healthcare is no exception to this development. MyHealthcare strives to be the one stop solution to all things Health and Care.