Chennai,August , 2018: Today, OurHealthMate, a health tech startup based in San Francisco, announced the launch of a unique analytical technology platform that will empower corporates with business intelligence, both in financial and health analytics, by mining health data of employees on a secure platform with 256-bit encryption. The startup promises enhanced ROI on health benefit spends by corporates through detailed analysis. The health tech startup has ongoing partnerships with 100+ healthcare service providers across Chennai, Coimbatore and Madurai.
OurHealthMate has set a target of achieving transactions worth $ 12 million in the current fiscal. The health tech brand has already recorded 20% month on month growth. They have already raised an initial funding of $ 3 million from various known angel investors. They plan to raise ‘Series A’ funding of $ 10 -12 million by end of the current fiscal.
Addressing journalists here, Abhinav Krishna Co-Founder & CEO, OurHealthMate said that, “Technology will be a change driver for the healthcare sector. Increasingly, newer technologies will facilitate health data analytics that will be personalized and predictive. This in turn will enable healthcare providers to offer customized and cost- effective solutions. After Series A funding we plan to deploy the funds into augmenting our human resources and investing in technology.”
OurHealthMate aims to deliver seamless, easy, and reliable health management solutions for its corporate and B2C customers. They are a large player in the corporate wellness segment managing health for over 2.5 lac employees in India and 3.2 lac direct users across the world.Hence from the total 5.7 lac users they are gearing up to touch 10 lac lives by 2019.Currently, more than 80% of the OurHealthMate’s business comes from the corporate sector and they are present in 400 Indian cities.
Speaking at the occasion Siddharth Upadhyaya, Founding Partner & Chief Strategy Officer, said, “Corporates in Chennai are very quick adopters of technology. Our robust analytical platform is unique because of the personalized data mining that can done for accurate health predictions. This gives the user a great experience and the corporate can maximize ROI on health benefit programs.”
OurHealthMate Corporate Edge
- OurHealthMate engages with corporates for personalized wellness portfolio management of employees. Their services are rooted in a three-pronged service strategy:
o Care planning: Identifying the healthcare needs of an individual employee and working with various permutations and combinations to address specific goals through care planning frameworks
o Execution: OHM’s platforms and care-plans are powered by over 30,000 plus doctors, 4,50,000 services, 2,000 hospitals, labs and diagnostics centres
o Business Intelligence: This intelligent, tech-driven analytics engine is secure, giving real-time data that offers a 360-degree view into an organization’s employee benefits program
Notably, the Indian healthcare ecosystem is expected to touch US$ 372 billion by 2022.https://www.ibef.org/industry/healthcare-india.aspx
Technology Edge – OurHealthMate Platform
OurHealthMate is powered by a secure digital platform which connects payers, providers and patients. The technology platform integrates health and wellness management solutions. Technology is making it easier than ever before to track health, connecting tracking with preventative solutions. OurHealthMate is an open platform that integrates multiple technologies, ensuring that data is secure and encrypted.
- At OurHealthMate account opening doctor discovery, checking reviews is not charged but booking services, send emails/INmails are payable.
- OurHealthMate charges the health service provider and not the consumer.
Founded in 2013, OurHealthMate (OHM) is a healthcare technology company headquartered in San Francisco, with offices in Singapore and Bangalore.It provides corporates with comprehensive 360-degree wellness programs and tools embedded with real-time analytics. OurHealthMate was a member of the 2017 cohort of 500 Start Ups in San Francisco and is ranked among the top 20 health tech startups in India.