HCAH will use this investment to build a presence in physical rehabilitation and recovery space through its service range of home ICU, in-patient rehab in transition care centers, digital and home rehab
Health-tech company HealthCare at home (HCAH) has raised Rs 112 crore from ABC World Asia (“ABC”), a Singapore-based impact-focused private equity fund. HCAH is backed by the Burman family, Quadria Capital, and Founders of Healthcare at Home UK.
HCAH will use this investment to build its presence in the physical rehabilitation and recovery through its service range of Home ICU, Inpatient rehab in transition care centers, digital and home rehab; and rehab equipment, elderly care services including long term nursing, palliative, and attendant care services and Chronic Disease Management services including screening, diagnostics, patient support, adherence programs in association with leading pharma companies. All these services are delivered through HCAH’s proprietary technology platform in homes, centers, and digitally.
Vivek Srivastava, Co-Founder, and CEO, HCAH said, “The out-of-hospital care model is witnessing rapid growth as more and more countries are leveraging the model to deliver best in class health outcomes, and quality of life. Our solution delivers better outcomes at a lower cost while increasing access by the use of data and technology."
"The investment from ABC is a significant step for the out-of-hospital care segment in India and will allow HCAH to build 1,500 beds in transition care and long-term care focused on physical rehabilitation and recovery, and long-term care for elderly," added Srivastava.
HCAH has handled nearly 1,000,000 patients with an almost 97% recovery rate during the pandemic and worked closely with the Government of Delhi, Punjab, and Karnataka to deliver services at scale, said the company in a statement.
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