Beyond Capital Ventures’ Post

Happy to have led BCV's recent investment in Clinikk, a category creator in healthcare in India. The company is making quality healthcare not just affordable and accessible but also inclusive. Clinikk is targeting two under penetrated sectors: primary healthcare and health insurance for the "missing middle" i.e the rising low to mid income aspirational classes. The company has a unique phygital model, offering low-cost pocket-sized health insurance subscriptions which not only include inpatient care at hospitals but also outpatient coverage at Clinikk run health hubs. Did you know that families bear as high as 80% of healthcare expenses as out-of-pocket payments as health insurance penetration is still very low in India? This is largely due to lack of awareness amongst consumers and limited innovative low cost solution providers solving for the same. Thrilled to be supporting the stellar founders Bhavjot Kaur and Suraj Baliga in their growth journey! #investment #venturecapital #healthcare #team #india

Even Healthcare Raises $30M in Series A! Managed care provider Even Healthcare has just secured $30 million in a Series A funding round led by Khosla Ventures, with participation from Founders Fund, 8VC, and Lachy Groom. This fresh capital brings their total funding to $50 million! With this funding, Even plans to launch new hospital operations and scale its patient care services—a huge step toward transforming healthcare access in India. Founded in 2020, Even Healthcare offers free consultations, diagnostics, and cashless hospitalizations through its in-house clinical team and insurance partners. They’ve already grown their membership base to hundreds of thousands and generated $28M in revenue just 18 months after launch. As India’s healthcare market expands, Even’s managed care approach is set to close gaps in private insurance coverage. Their next big move? Opening three new hospitals in Bengaluru! Exciting times ahead for #HealthTech in India! Read More: https://lnkd.in/gMZ6S9E8 #HealthcareInnovation #SeriesAFunding #ManagedCare #EvenHealthcare #HealthTech #StartupNews #IndianStartups

🩺Cardiotrack Secures Pre-Series A Funding for Expansion. 📜Summary: - Uber Diagnostics Pvt Ltd, operating as Cardiotrack, has raised $2 Million (INR 16.5 Crore) in a pre-Series A funding round led by Girish Narasimhan and Y S Shashidhar. - Cardiotrack specializes in AI-backed healthcare screening technology and services for health and life insurance providers, offering telemedicine kits, screening tech, and data analytics. - The fresh capital infusion aims to expand its offerings to more health and life insurance providers. 💡Key Points: - Founded in 2015 by Ashim Roy and Avin Agarwal, Cardiotrack previously raised $1.6 Mn in angel investment from UHNIs. - The company's approach enhances convenience for consumers and enables providers to offer fast, comprehensive, and personalized services while improving operational efficiency and healthcare data analytics. 🌐Investment Landscape and Competition: - The funding reflects investor confidence in India's healthcare sector, with recent investments in Aarogya Tech and CureBay. - Cardiotrack faces competition from players like Cura, Perfint Healthcare, and Prognosys Medical Systems in the medtech space. 💰Industry Insights: - India's medtech sector has garnered over $844 Mn in total funding, signaling sustained investor interest and growth opportunities. The funding underscores Cardiotrack's commitment to advancing healthcare screening technologies and enhancing services for insurance providers in India's dynamic healthcare landscape. Cardiotrack #Cardiotrack #Funding #Healthcare #LifeInsurance #Medtech #Investment #Expansion #StartUpNews #BusinessNews #MicroShots #NewsUpdates

https://lnkd.in/dNApDugZ #Buddycare has developed a technology-driven platform powered by artificial intelligence that is set to transform health insurance for both payers and providers, marking a significant advancement in the industry. #plugandplay solution for insurers, designed to streamline the integration of healthcare services with insurance offerings. Key features include: #PrepolicyIssuance Services: Facilitates the initial steps for insurers to issue policies efficiently. #RealtimeRiskQuantification. Provides insurers with immediate insights into potential risks associated with policyholders. Seamless #PostpolicyServiceDelivery: Ensures smooth healthcare delivery after policy issuance. The platform utilizes advanced #riskmanagementframeworks and fraud-resilient OPD systems, enhancing operational transparency and minimizing financial risks for insurers. This integration fosters a unified ecosystem, promoting cashless healthcare access across India

Did you know that BHH member Docline's virtual hospital achieves a 30% cost reduction in the insurance industry? BHH's Marja Huiskamp interviewed Omar Najid, CEO & Founder of Docline, to delve into this milestone. Docline is a virtual hospital with cutting-edge technology that they've built over the last few years. It's an all-in-one product that includes video consultations and e-prescriptions integrated with all pharmacies, EHR, and more. Omar talks about their recent published report that focuses on studying the claims in a virtual hospital, and how at Docline they integrate health insurers to solve different problems, including optimising their medical costs through digital #healthcare. Watch this very interesting #BHHInterview and discover more about Docline's report here: https://lnkd.in/dCEmzYWB

Headway scores $100M, more than doubling its valuation to $2.3B - MobiHealthNews #Funding: Headway secures $100M in funding, doubling its valuation to $2.3B #Investors: Leading investors support Headway's growth #Expansion: Headway plans to expand its services and reach #Impact: How Headway's growth will impact the healthcare IT industry #Future: The future outlook for Headway in the healthcare IT market Headway, a healthcare IT company, has recently secured $100M in funding, which has doubled its valuation to $2.3B. Leading investors have supported Headway's growth, indicating confidence in the company's potential. With this funding, Headway plans to expand its services and reach, potentially revolutionizing the healthcare IT industry. The impact of ai.mediformatica.com #health #headway #funding #mentalhealth #platform #sparkcapital #accel #insurance #medicaid #medicare #a16z #billing #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/3LBQtwg)

In a recent interview, our Co-Founder, Anand Nevatia, discussed Affordplan's innovative solutions addressing the affordability gap in Indian healthcare. Affordplan is also forging strategic partnerships with hospitals, insurance companies, and wellness brands to expand their reach and provide a more holistic healthcare experience. This means a healthier future for all! ✨ Ready to learn more? Anand Nevatia goes into detail about Affordplan's growth strategy and the future of healthcare affordability in India. Read the full interview here: https://lnkd.in/gm5g8c5G #Affordplan #HealthcareForAll #HealthTech #FinancialInclusion

Avita Health System's Charge Capture Transformation with PAR Charge adds $7M!   Avita Health, a rural and critical access 3-hospital IDN in northern Ohio, faced a serious financial challenge: lost patient charges and missed revenue due to an antiquated, manual process that frustrated clinicians. Nurses were spending valuable time navigating outdated workflows, leading to lost charges and inefficiencies. The move to PAR Charge has turned that struggle into a streamlined, efficient process, making it a success for the clinicians – and dramatically improving charge capture and recovered revenue for the finance and operations teams.   Since implementing PAR Charge in 2019, Avita has captured nearly $7 million in supply charges, translating to $2.8 million in recovered revenue for their 109 beds. The new solution improved the bottom line and improved the charge accuracy for both patients and insurance providers, benefiting their patient’s overall experience.   One team member shared, “We’ve drastically improved our cost recovery and overall accuracy on patient charging. Our patients and insurance companies appreciate the transparency, and it’s made a huge impact on our financials.”   With clean, well-organized supply rooms and accurate patient charges, Avita is fully embracing the benefits of PAR Charge and is confident about their future. #ChargeCapture #InventoryAutomation #HealthcareSupplyChain

MediTrust Health reinvented China's private healthcare network, integrating healthcare, insurance, and digital tech into Care2Pay 🌐 Marathon Venture Partners #portfolio startup: MediTrust Health Revolutionized medical welfare management solutions: provides one-stop medication search, virtual consultations, customized medical insurance, patient education, and healthcare marketplace for health & medical welfare Key Achievements: CBInsight.com Digital Health 150 award; the only Chinese firm to win in the "Pharmaceutical Supplier" category Insurance covers 160 cities across 10+ provinces nationwide, benefiting 100 million Chinese families 🧩 Care2Pay: Uses innovative payments, retail, and services to create a value chain from chronic to speciality drugs. Involves pharma companies, pharmacies, and insurers. Addresses issues like drug access, cost, and efficacy guarantee. It also helps pharma companies target customers effectively and boost conversions. 🧬 Check out more companies in Marathon Venture Partners' portfolio here: https://lnkd.in/gV5actbZ 🔬 References: Follow Marathon Venture Partners, Ray Yang, and Yinan Tang as we navigate the healthcare world to provide effective, efficient, and affordable solutions for people. 

If your healthcare company is working on NCD medicine, medical devices, or services like health insurance, We are providing clear, accurate, and relevant information about the Indian NCD healthcare ecosystem to make an informed decision. If you are a pharma company, which location is perfect to sell your medicine or initiating a trial? Who can afford your medical device? How much the claim rate will increase in the future? We can help you identify the perfect location with a high potential outcome and a minimum budget. Identifying the right market in the healthcare sector requires extensive information and data analysis. Comprehensive data points help in understanding healthcare market trends, population behaviour, and patterns, facilitating informed decision-making.   Feel free to connect and book a demo Anshi Gupta https://ieearc.com #people #health #healthinsurance #linkedincommunity #cancer #research #startup #pharma #analytics #business #medicine