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Home Care Venture Launched

With the aim of offering patients affordable and continued care post hospitalisation, Medwell Ventures launched a home healthcare venture in the city on Wednesday.

Published: 24th April 2014 07:45 AM  |   Last Updated: 24th April 2014 07:45 AM   |  A+A-

With the aim of offering patients affordable and continued care post hospitalisation, Medwell Ventures launched a home healthcare venture in the city on Wednesday.

“The current home healthcare service is restricted to the nurse coming home and relaying the information to the doctor. This is what we aim to change”, said Lalit Pai, co-founder and CEO of Medwell Ventures.

In the initial stage, the company plans to concentrate on chronic diseases. “In India, 4.5 million succumb to chronic diseases and 25 per cent patients are under 60 years of age. The challenges of growing geriatric population and hospital bed shortage create an environment for quality continuity care”, said Vishal Bali, co-founder and chairman.

Having acquired Nightingale Home Healthcare,  which provides care to 5,000 families and 24,000 medical services per year, Medwell plans to collaborate with other hospitals in the city.

 “Large and medium hospitals will go in for this extended care and we are also talking to nursing homes which can be a part of the home healthcare space”, Pai said. The company also plans to extend the services of Nightingale to focus on pulmonology, cardiology and metabolic conditions, orthopaedics, rehabilitation and post-operative surgical care.

Services of Medwell will be extended to 10 metropolitan cities and the company is also in talks with insurance companies for health plans.

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