Tenzin Thargay, Co-founder, LetsMD, a healthcare fintech start-up, in an interaction with Prathiba Raju, elucidates on how the company aims to make healthcare accessible and affordable to 50 per cent of India’s population which doesn’t have access to tertiary-level care due to unavailability of immediate liquidity
What made you venture into healthcare financial start-up?
LetsMD focuses on small scale hospitals and 90 per cent of our clients are from small hospitals. As these hospitals work more like rental shops, LetsMD supports them to establish a robust customer relationship management (CRM) and help them attract nearby patients. Today, 50 per cent of the rural population in India and 30 per cent in urban India go for loans or sell assets to pay their hospital bills. Large PSU banks are more inclined to corporates, and personal loans for the salaried class. This is the reason why micro finance institutions are faring better in one or two states in South India, while in North India, the picture is grim. Bajaj Finserv provides personal loans and SRE, Fullerton, Sriram Funds are inclined to infrastructure finance. A lot more needs to be done in medical loans and this is where we want to make our presence felt.
How has been your journey been so far? What are your expansion plans?
Esta historia es de la edición July, 2017 de Express Healthcare.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July, 2017 de Express Healthcare.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Healthcare Communication In India
Dr Alexander Thomas, President, Association of Healthcare Providers - India (AHPI) and Divya Alexander, Research Consultant, in a first of a series provide detailed insights on healthcare communication that explores its different aspects in an Indian context
The growth story
Himanshu Baid, Managing Director, Poly Medicure elucidates on how Poly Medicure has served the medical fraternity for over 22 years and owns more than 215 patents and continues to file new patents for new technologies and devices they are developing with the help of its R&D team
Main objective of Indian Joint Registry is to help patient safety, bring stability to the market
In the wake of several patients suffering from the impact of faulty hip implants, it is vital that India has a national joint registry to track such patients and avoid future episodes. Richard Armstrong, Head, Health Registries, Northgate Public Services tells Viveka Roychowdhury about the response to the Indian Joint Registry
UNDERSTANDING THE RELEVANCE OF HEALTHCARE RESEARCH
India as a nation has followed the west for decades when it comes to research-based treatments. The sun is fast setting on this methodology and there is a massive need to invest in healthcare research in the country
I have witnessed the steady technical advances in ultrasound
Dr BS Rama Murthy, Consultant Radiologist, Srinivasa Ultrasound Scanning Centre and Chief Patron, Medical Ultrasound Society of Karnataka, Coordinator – Fetal Foundation of India, talks about the evolution of ultrasound and how foetal imaging has improved over the years, in an interaction with Express Healthcare
Radiology has a bright future and has been at the forefront of healthcare
Radiology has a major role to play when it comes to healthcare. Dr Piyush Saxena, Consultant Radiologist and Chief of MR imaging, Vishesh Hospital and Diagnostics, Indore, MP in an exclusive conversation with Express Healthcare disscuses the impact of radiology on healthcare and how newer innovations from GE Healthcare has helped improve healthcare delivery as well as patient comfort
The Pill For India's Ailing Medical Eductaion System
Medical education in India is mired with a host of controversies and is trudging along a rough path.
RED INITIATIVE - Canon Medical / Erbis Engineering conducts CME programmes on CTO-PCIs in Chennai
Invites renowned Japanese cardiac interventionist, Dr Kinzo Ueda to India to share his experiences and insights with cardiologists at Apollo Hospitals and Sri Ramachandra Institute of Higher Education and Research
Roche Diagnostics partners with SRL Dr Avinash Phadke Lab
Roche’s first partner for cobas pro solution is SRL Dr Avinash Phadke Lab in Mumbai. The solution promises to offer greater automation, flexibility and simplified workflow to support better clinical outcomes for patients
Pharmacogenomics- Essential to end the era of trial and error medicine
Chandni Luthra, Co-Founder, FutureMed elucidates on the impact that trial and error has had on patients earlier, but in today's age adverse drug reactions is considered to be the fourth leading cause of death worldwide and has almost doubled in India in the last three years