Exclusive:Practo's Shashank ND says technology startups can solve the country’s biggest healthcare challenges
The key discussions at Loop revolved around ‘creating a successful tele-health network’, ‘bridging the gap between payers and providers’, and medical regulations.
Shashank highlighted some of the conversations,’ We got together India’s Top hospitals,
ALSO READ: From drones to bots- What will deliver your future?
He also elaborated on the discussions, ’Dr. Velumani, CEO, Thyrocare shared some insights on innovations pertaining to standardization of cost structures. Mr. Ramachandran , Deputy CEO,
Shashank lamented that many regulatory frameworks need to be thought out internally for the internet companies in this space. ‘We need to self-regularize so that we can help the government understand how we work. Loop was an attempt in that direction’
Shashank agrees that healthcare is a hot sector for start-ups, ’Medical devices start-ups in India are creating good quality, low-cost devices for the masses. We are excited to integrate with a lot of Patent-pending technology start-ups.’
Our biggest challenge is to allay the fears related to technology platforms. Adoption of tech is a problem, still, a lot of hospitals are not open to changing their processes to accommodate technology.
Practo has been at it for 8 years; trying to use technology to solve the biggest problems in terms of mobility and reach in the healthcare sector, but there’s a long way to go to reach a billion lives.
Popular on BI
- RANKED: The world's 20 strongest militaries
- I quit buying from Amazon 4 years ago. I get better deals on products elsewhere but still have to use their services.
- Gen Z faces more pressure at work than previous generations because technology has eliminated work-life boundaries, a psychology professor says
- iQOO Neo 9 Pro with Snapdragon 8 Gen 2 launched in India, will take on the OnePlus 12R
- Enforcement Directorate searches Hiranandani Group premises in Mumbai
- Indian PC market down by 6.6% in 2023, HP leads the market while Acer gains
- India's business activity surges to 7-month high in February
- Snapping 6-day gains, Indian stock indices in red; high valuations a concern