🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

We Empower Tier II, III Hospitals With Resource Optimisation & Standardisation Across 30+ Cities: Pristyn Care’s Dr Vaibhav Kapoor

Inc42Inc42 · 1y ago
We Empower Tier II, III Hospitals With Resource Optimisation & Standardisation Across 30+ Cities: Pristyn Care’s Dr Vaibhav Kapoor
Medial

Pristyn Care is a healthtech startup that aims to standardize surgeries and treatments in small and midsized hospitals, enabling them to provide the same quality of care as corporate hospital chains. By partnering with hospitals and clinics in various cities, Pristyn Care optimizes resources and ensures affordable patient care. The startup addresses the issue of low patient footfall and occupancy rates in smaller healthcare facilities in Tier II and III cities by connecting them with specialist doctors and providing access to high-end equipment. Pristyn Care also offers training programs for healthcare professionals to improve care quality and implements technology infrastructure for scalability and patient privacy.

Care.fi secures Rs 7.5 Cr in debt from Vivriti Capital

EntrackrEntrackr · 4m ago
Care.fi secures Rs 7.5 Cr in debt from Vivriti Capital
Medial

Care.fi secures Rs 7.5 Cr in debt from Vivriti Capital Healthcare-focused fintech startup Care.fi has secured Rs 7.5 crore in debt capital from Vivriti Capital. This latest investment follows its previous funding rounds, which included Rs 8 crore in debt capital raised from Wint Wealth and Caspian, along with $2.5 million (around Rs 21 crore) in debt from Trifecta Capital and UC Inclusive Credit. In total, the group has raised approximately Rs 29 crore to date. The fresh funding will be utilized to accelerate its aim to empower Revenue Cycle Management (RCM) for hospitals and expand the reach of RevNow, Care.fi said in a press release. Co-founded in 2021 by Sidak Singh and Vikrant Agarwal, Care.fi aims to weed out the hassles of insurance claims, which remain a complex challenge for hospitals, often leading to delayed discharges, revenue leakages, and operational inefficiencies. According to the Gurugram-based company, its AI-driven RCM platform, RevNow, is making a significant impact by expediting claim settlements and ensuring hospitals receive payments within 3–5 days post-discharge. It enables 30-minute patient discharges by automating final billing and approvals, drastically reducing wait times. RevNow optimizes hospital workflows with real-time query notifications, automated responses, and integrated mailing services. It also enhances financial transparency by providing real-time reconciliation of cash flows at the entity, unit, and claim levels, offering hospitals greater visibility. “Since our inception, we have focused on solving critical operational pain points in hospital revenue management. With RevNow, we are setting new benchmarks in claims processing efficiency. This latest funding will enable us to scale further, helping hospitals optimize financial workflows while ensuring better patient experiences. As the healthcare ecosystem grows, we aim to continue innovating and improving revenue realization for providers,” said Sidak Singh, co-founder of Care.fi. Care.fi claims that it is handling over Rs 800 crore in claims across over 300 hospitals and auditing more than 50,000 claims. The platform also aims to expand RevNow’s capabilities and integrate further with hospital information systems (HIS), electronic health records (EHR), and billing platforms.

Pristyn Care launches 5 hospitals in 75 days, eyes expansion to more metros

EntrackrEntrackr · 3m ago
Pristyn Care launches 5 hospitals in 75 days, eyes expansion to more metros
Medial

Pristyn Care launches 5 hospitals in 75 days, eyes expansion to more metros Healthcare startup Pristyn Care has launched five super-specialty hospitals across the National Capital Region (NCR) in just 75 days, a major expansion in its efforts to offer advanced patient care through its own infrastructure. The new facilities include two hospitals in Delhi's Safdarjung Enclave and Malviya Nagar, and one in Gurugram. Their launch comes just three weeks after Pristyn Care’s first hospital became profitable within two months of opening, according to the company’s press release. The new hospitals are outfitted with modular operating theatres, advanced diagnostic labs, critical-care units, and state-of-the-art medical equipment, as per the release. The expansion has also added over ten points to its Net Promoter Score. The company adds that the facilities now include fully equipped IVF laboratories and next-generation dermatology suites, strengthening its commitment to holistic healthcare and comprehensive patient wellness. “Our patient-centric technology speeds up admission, accelerates insurance approvals and discharge, and allows doctors to focus on compassionate treatment,” said Harsimarbir Singh, Co-founder of Pristyn Care. According to the startup, it’s now gearing up to take its owned-hospital model to other major metros, including Mumbai, Bengaluru, Hyderabad, Pune, Chennai, Ahmedabad, Patna, Chandigarh, and Coimbatore.

Download the medial app to read full posts, comements and news.