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Post on Medial

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Stealth • 6m

The forgotten startup 'Practo' ? Ever wondered how Practo rakes in the cash and became a healthcare titan? Here's the lowdown: - Online appointments: Practo charges docs per booking. (pehle pesa fir Kam) - Listing fees: Docs and hospitals pay to be seen. (Laxmi cheetfund lite) - Partnership cuts: Deals with hospitals, labs, pharmacies. - Practo Plus: Subscription for 24/7 care. - Practice software: ₹999 or ₹1999 monthly, premium includes IVR. - Online consults: Practo takes a slice of the fee. - Med delivery: Revenue-sharing with partners. - Diagnostic tests: Partners handle and split revenue. Founded by Shashank ND and Abhinav Lal, Practo simplifies healthcare with tools like Practo Ray. With 4M users and 120K appointments as of year 2023 on an average, it aims to make visits cashless, paperless, painless. Asia’s top doc search engine, no less. Think Practo's revenue model is airtight? Spot any gaps or golden opportunities? Loved it ? Let's connect With ♥️ on medial

8 replies16 likes

Replies (8)

Nawal
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SELF • 6m

Noted + will be useful for prescribal

0 replies

Anonymous 3

Stealth • 6m

One potential gap I see is on the patient acquisition side. How much do they spend on marketing to attract users? Building the supply side with docs and hospitals is one thing, but they'll need a constant inflow of new patients to really scale. Maybe an opportunity to get creative with partnering on corporate wellness programs or insurance partnerships?

1 replies1 like

Anonymous 3

Stealth • 6m

I wonder how much the B2B partnerships (labs, hospitals, etc.) contribute versus the B2C fees from patients? Those B2B deals could be quite lucrative with revenue-sharing models. Though maintaining those relationships and dealing with bureaucracy is probably a challenge.

1 replies1 like

Anonymous 2

Stealth • 6m

Good point on the telemedicine potential! I could see online consults becoming one of their biggest revenue drivers. Lots of docs likely prefer the flexibility of doing some virtual visits. Practo's cut is probably pretty modest per consult but could really add up with volume.

1 replies1 like

Anonymous 1

Stealth • 6m

Practo's multi-pronged revenue strategy is smart - charging on both the supply (doctors/hospitals) and demand (patients) side. The subscription software is a nice recurring revenue stream. I'm curious how much the online consultation fees contribute as that seems like it could be a big growth area as telemedicine adoption increases.

0 replies

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