The 10 Best Business Magazines in India | Insights Care

Business is a wide sector spanning across multiple sectors, and people need to stay informed about developments in almost all sectors, in order to assimilate all the know-hows and who’s-who. Also, the current generation of entrepreneurs and business enthusiasts have developed a knack for exploring and learning about the current developments around the country and across the globe, and that need and necessity of staying abreast with all types of developments have contributed to an increasing proliferation of business magazines. Business magazines encompass detailed information, review, and instructional content and provide us with the required knowledge of a particular market, product or company.

With that being said, here are the top business magazine in India.

Forbes India

Forbes is a brand that tends to dominate the chart when it comes to a discussion over the best business publications worldwide. The American business journal is distributed twice weekly and contains stories on banking, manufacturing, entrepreneurship, and marketing. Forbes India targets diverse sectors from start-ups to industry leaders as part of the franchise phase.

ISBInsight

It conducts interviews and provides studies in communications, knowledge management, contracts, economy, and other business specifics with policy leaders and analysts in different institutions, academies, and businesses.

Many influential personalities contributed to the ISBInsight including Raghuram Rajan, Narayana Murthy, and Kiran Bedi. The publication is regarded as one of the leading magazines in India for its sturdy and varied updates.

Entrepreneur India

Entrepreneur Business Magazine is one of the most popular magazines and websites in the United States. Since its first issue in 1977, this journal carries and highlights news of industry and business. The best business journal, which includes India, publishes 10 issues a year, in countries such as Mexico, Russia, Hungaria, the Philippines, South Africa, etc. They also provide the knowledge, guidance, profiles, and guides required for proven and prosperous entrepreneurs all over the world.

Outlook Money Magazine

Outlook Money Magazine delivers useful knowledge from a number of industries. It seeks to provide the reader with a clear awareness of the principles of finance. It gives a comprehensive study of financing, investment, intelligent savings, leisure, housing, property and much more. Outlook Money Magazine also provides ideas for preserving, spending and increasing capital.

Insights Success

Insights Success is an impeccable forum centered on organizations of all sizes and industries which excel in the enterprise world, with key knowledge on the newfangled market models, goods, and services, the latest technical innovations, and others.

Insights Success Magazine is a concise guide to different market issues. The magazine is one of the best mediums that form itself every month according to the preference of the consumer. It communicates the knowledge and the essential details that readers need for their unique sector and keeps tabs on the growth of companies.

The CEO Magazine

The CEO Magazine is a brand that has represented over 3000 CEOs. As the fastest rising business publication in India, it is a chosen magazine by many. It is a monthly publication that offers resources to company owners and market executives and cater the readers in leisure, transport, fitness, innovations, and company reviews.

Banking Frontiers

The magazine is the founder of banking articles, circulated in India, South East Asia, the Middle East, and in the SAARC countries selling over 5000 copies. The article reports largely on corporate finance, asset control, loss detection, procurement to third parties, services, and more.

Entrepreneur India

Entrepreneur India released by Entrepreneur India Media Pvt is a monthly publishing platform for Indian company owners and entrepreneurship enthusiasts. Ltd. The magazine reports on organizational articles, business profiles, and analysis. It is the most popular and more entrepreneur-focused publication.

Business India

This topline magazine is a leader in the Indian business industry and continues to be known for its observation of the global economy that gives the corporate sector an insightful view. The publication aims to provide material that is comprehensive and revised and underlines the policies of government and economy.

Capital Market Magazine

Since 1985 the Capital Market Magazine has become Indian’s oldest publication of scientific investment journal. Today, Capital Market has been a complete financial magazine addressing stock-market topics. The cover story often includes thematic problems, government policy decisions, SEBI legislation, or trends in the industry that are extensively examined.

Source: https://insightscare.com/the-10-best-business-magazines-in-india/

Healthcare: The Future of Ageing

The world is aging rapidly. What challenges are we confronted with seeing the expansion of people’s life span? How will the healthcare industry evolve and transform to solve these issues? What are the difficulties that we still need to address during this process?

In the future, the healthcare will shift from post-disease treatment to daily well-being and disease prevention.

Data generated from Internet of Things (IoT) and personalized artificial intelligence (AI) will enable a consumer-driven life care including precision treatment and chronic disease management. Technologies will be used not only to improve human’s physical health, but also to take care of our mental health, behavioural health, loneliness and social isolation.

What are the ageing challenges that we are faced with today?

The world is getting old in a faster pace than ever. According to the United Nations, the 60+ population will more than double from 1 in 7 people in the world to 2 in 7 by 2050, which constitutes a shift from 12% to 22% of the total population. In China where I live, the Seniors population will rise to 4 in every 10 people in the total Chinese population, i.e. 500 million people, further straining the already overloaded aged care infrastructure in the country.

However, facing this Silver Tsunami Bombing across the world, the caregivers that we need for seniors are in great shortage. Globally, the proportion of younger people who might be able to provide this care is falling, and women, the traditional caregivers within many families, are already filling, or aspiring to, other social and economic roles. As a result, the assumption that families alone can meet the needs of older people with significant losses of capacity is outdated and neither sustainable nor equitable.

Besides, today, most health systems around the world are un-adapted and ill-prepared to address the needs of seniors, who often have multiple chronic conditions and live alone at home. Health services are often designed to cure acute conditions rather than prevent them, while WHO says that 80% of chronic diseases and 40% of cancers are preventable.

Meanwhile, people live longer but lonelier. Loneliness experienced by seniors both affects and is affected by social activities, solitary leisure activities, physical exercise, emotional health, self-rated health, and functional limitations. Early interventions for loneliness are cited as the key to both preventing social isolation and the associated health risks.

How can we solve these issues?                                             

Health care industry players should begin taking actions today with the vision for 2050 in mind. There are many things that we should do to get there, some of the most critical actions can be to adopt emerging technologies, and create now solutions and business models from them.

Real-time health monitoring

Currently, there is no systematic health monitoring measures in place that bring transparency and awareness to a senior’s health status or provide risk warnings at an early stage. By the time they visit a hospital, chronic diseases have often become too advanced and hence challenging to cure effectively.

The good news is that IoT, electronic devices, and wearables are able to gather real-time health data easily in our daily life. From those data, risk factors can be identified, some diseases can be detected and interventions can be implemented at the right time.

For example, HiNounou is offering a dedicated Home Wellness Kit to seniors, which enable them and their families to be aware of seniors’ health status and prevent chronic diseases. Some real estate companies are building assisted living facilities that are equipped with smart medical devices, sensors, alarms and voice-activated assistants to take care of older residents.

Accessible and affordable telehealth

Telehealth is gaining momentum these days in China with the expansion of the coronavirus outbreak. Key players like PingAn Good Doctor and WeDoctor as well as main insurance companies are providing 7*24 teleconsultation for people who are anxious about the coronavirus disease.

No matter in which country, the capacity of hospitals or clinics can rarely meet the needs of citizens who are living longer but less healthy. The widespread use of mobile phones enables the surge of telehealth that grants people more accessible, affordable and efficient health care services. Seniors will see doctors at home by phone call or in front of a screen, a personal health report will be generated and constantly updated, which can serve as reference for further medical evaluation and treatments in hospitals.

Gamification for behaviour and lifestyle changes

Many chronic conditions can be prevented or delayed by healthy behaviours. Even in very advanced years, physical activity and good nutrition can have powerful benefits on health and well-being. Nevertheless, it’s not easy to change people’s behaviours and lifestyles, that’s why wearables like Fitbit have been proved as a failure since people usually don’t wear it for more than six months.

One of the answers to this challenge is incentives through gamification. For instance, Chinese insurTech company ZhongAn has designed a product which enables users to redeem insurance coverage with the number of steps that they make every day, thus encouraging the users to walk more and stay active. HiNounou is also using Blockchain based utility token to reward and incentivize the seniors to take health check-ups every day.

Psychological care at stake.

Beyond physiological health, some seniors are suffering from mental health issues linked to loneliness, depression and deep grief, leading many of them are turning to suicide. To reduce their isolation and help them be more involved in the society, many countries have built elderly communities and even elderly universities where they can get a sense of belonging and comfort.

Besides, technologies can also help in various ways. Sensors can measure their sleep quality and degree stress, robots can chat and entertain with seniors, social media can connect friends of same interests with them, etc.

What will we need to think about more? 

Having taken look into the above solutions that respond to the challenge of ageing society, there still remain many problems that we need to think about more. Here I just list some of them to start the brainstorming:

An integrated ecosystem rather than a fragmented one.  

We notice that current health system tends to manage health issues in disconnected and fragmented ways that lack coordination across care providers, settings, time and location. The leading business models should be based on holistic solutions that can adapt to the challenges of many generations to come.

Data privacy and data exchange.

People feel strongly about the right to privacy of their personal health data. When it comes to technologies, the suspicion about who will be using the personal data and to what ends grows. How can we better protect the data and give transparency to data exchange? The use of Blockchain might be explored here.

Values from data mining

Although the application of big data analytics in healthcare fields is promising, it is critical to solve some challenges to dig out real value from data. An effort to improve the data quality of electronic health records is necessary. The issues of data inconsistency and instability, limitations of observational studies, and validation should be also solved.

About the Author

Charles Bark is the Founder & CEO of HiNounou, an AI-Blockchain preventative digital healthcare platform company on a mission to help empower the silver generation to Live Longer, Healthier and Happier, at home, and bring greater Peace of Mind to their families. HiNounou is located in Mainland China, Hong Kong, Singapore, expanding in Korea, Japan and Europe. Charles is named himself by French president Macron as one of the Top 3 French entrepreneurs in AI in China.

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Origin Integrated Studios: Offering Conclusive Technical Solution For Healthcare

Over the years we have seen how technology has revolutionized the world and our daily lives. With the help of technology, some of the greatest minds were able to put useful information at our fingertips and even create amazing tools.

All the up and coming and already existing technologies have paved the way for multi-functional devices like a smartwatch, smart glasses, 4k TVs, smartphone and many others. The purpose of all these technologies is to make the lives of humans better, smarter and seamlessly easy.

The exhaustive reach of technology has some splendid results in business too. These technologies have not only helped vendors to stay ahead in the market but also changed every aspect of the business. Today, aligned with excellent technology service providers, these vendors are offering that services to better serve humans and address their problems.

Adhering to the same, a group of software developers at Origin Integrated Studios are making a positive difference by developing innovative and creative healthcare application software solutions.  Let us further read to find out what inspired the company to do what it does and how has it successfully established its name in the market.

Charting the Initiation Story

“Software Development is one of the most diverse sophisticated jobs in the market. Here in Origin Integrated Studios, we have one of the most passionate and talented software development team. Together we are making our mark in the world, developing important, stable and complex applications solving current industry problems,” were the first words of Mr. Kenneth Kee, the CEO of the company.

From its humble beginnings in 2015, when Origin was set up for Multimedia Super Corridor (MSC) Malaysia Status by a handful team of software developers in a small office to the present day, the technical team has grown to over twenty; the company today has grown in/by leaps and bounds.

Challenges Along the Way

No success is complete without challenges. Origin Integrated Studios too had its share of challenges to face.  During the initial days, the company struggled to gain confidence in the market. Though the company had the best solutions to offer (compared to 2015 markets), healthcare vendors were not confident about these solutions. However, the continuous endeavor of the company is to offer solutions that catered to all problems.  “We had to go low in terms of pricing, and willing fill the missing requirement gaps by customization and developing new modules such as Operation Theatre Module and Chemotherapy Module,” shares Mr. Kee.

The challenges are no less even today. It faces competition from both local and foreign solution providers both in terms of human resources and product differentiation. The company believes that it is not easy to find local talents that have both technical skills and domain knowledge required to provide its services to the clients and to further develop the products.

However, despite all the company has equipped itself to offer technical solutions to all type of healthcare emergencies. It intends to keep up with high demand for the new opening of hospitals and be ever-ready to digitalize the healthcare industry in Malaysia.

“Origin started with a vision. Passion brings it alive. Our team dedication and devotion build customer’s loyalty and continuity. Origin has an intentional purpose to build a long-lasting great brand that inspires. We never be ashamed to start small, we never be afraid to dream big,” comments Mr. Kee.

The Technophile Leading from Front

Mr. Kee embarked on his entrepreneurial journey by implementing an EMR solution in just one hospital back in 2015. The company later implemented more than 30 sites in just five years. Under his leadership, Origin Integrated Studios is on its way to becoming a household brand of healthcare technology solution provider for hospital information systems in Malaysia and beyond. His perseverance, aligned with the passion of all the software developers, has helped the company bag numerous awards and recognition.

Pioneering Technical Health Care solutions

Electronic Medical Record or EMR is not a new term in the health care industry. However, in this age of breakneck speed, none of the Malaysian companies were to develop software that offered a comprehensive healthcare solution. This where Origin stepped in and developed its application software.

Its flagship product, Origin EMR can be integrated into any third-party HIS system, or connected directly to its Origin HIS. This unique positioning allows its clients to have a choice of implementing EMR first in their hospital. Origin HIS is a backend administration process system that includes administration, security access, registration, billing, collection & refund, stock inventory, pharmacy, and reporting.

Below are the detail modules and functionalities of this software include:

• Appointment & Scheduling
• Medical Records Management
• Outpatient & ER Registration
• Admission, Discharge & Transfer
• Accident & Emergency Management
• Outpatient (OP) Management
• Inpatient (IP) & Bed Management
• Patient Billing, Account Receivable and Cashiering
• Chemotherapy Module
• Government Tax
• Payor Agreement & Staff Benefit
• Charity
• Pharmacy Module (OP, IP & OTC)
• Purchasing
• Inventory Management
• Allied Health – Laboratory, Radiology & Physiotherapy/Rehab
• Operating Theatre (OT) Management
• Catheterization Lab Management
• Central Sterile Services Department (CSSD)
• Dietary Management & Food Order List for Kitchen
• Management Dashboard
• Regulatory Submission
• Healthcare Accreditations Complimenting Features
• Queue Management
• Computerized Physician Order Entry (CPOE)
• Doctors EMR (with type/write/draw/template clinical notes capturing support)
• Nursing Module
• Document Scanning Management Module
• And other Specialists Modules e.g Dental & Eyes
• Integrated Communication System inclusive of SMS, messaging, email, etc.
• Integration Engine for interfaces with various IT systems

This software has been developed with over 10 years of industry experience which touts high adoption rates amongst doctors and nurses. By providing simplistic user interface designs, Origin EMR allows doctors to either type or write/draw clinical notes using a lightweight Tablet PC or notebooks with stylus pen. It also allows to store and load their favorite templates.

Everything in Origin EMR is template-driven by Computerized Physician Order Entry (CPOE). It allows healthcare professions to customize medications, lab, and radiology orders while connecting with other systems such as Laboratory Information System (LIS), Radiology Information System (RIS), Hospital Information System (HIS), medical equipment and devices such as vital signs monitor in the hospital together through an HL7 communication protocol. With this in place, the software also allows professionals to get KPI dashboard reporting of the hospital’s performance at their fingertips.

The software provides interoperability, efficient clinical services and better patient safety in many ways:

With CPOE:

• Physician orders are automatically routed to ancillary services departments for more efficient services
• Improve patient safety by reducing potential human errors due to traditional manual transcription of doctor orders

With EMR:

• Real time entry and fast access of electronic medical records
• Improve patient safety through better documentation of care given
• Provide system generated reports required by insurance or discharges
• Accessing of patient information with mobile devices

With Nursing module:

• Online nursing documentation for care plan, order fulfillment, eMAR & etc
• Online clinical handover during shift for better & safer care
• Accessing of patient information with mobile devices

With Document Scanning Management module:

• Digitizing and online filing of paper-based clinical documentation
• Seamless integration with EMR to achieve complete online patient records

With Reporting module:

• Provide accurate reporting mechanisms to assist management decision and promote accountability
• Leveraging on the integrated platform for ease of data collection
• Using configurable graphical dashboard reporting for data analytics
• Automate accurate reporting

Sketching the Future

From one hospital in 2015, over 30 successful implementations of 17 hospitals and 13 dialysis clinics in four years in 2019, Origin is scaled up for new horizons. With more than ten years of experience in the healthcare industry and in-depth domain knowledge in hospital process flow and requirements as well as healthcare solutions, the company looks forward to remaining at the forefront as the market leader.

The new technologies as part of product roadmap that the company has already started integrating to vital signs monitor with its Early Warning Score (EWS) dashboard, provide the following benefits:

• Making the clinical workflow more efficient
• Incorporating multimedia features and functionalities that support telemedicine when it is available
• Integrating with more remote care devices and IoMT include remote patient monitoring for home nursing
• Data warehousing for group hospitals/clinics to perform analytics and group reporting
• Instant availability of information in patient portal

Some new modules as part of product roadmap to be developed are

• Insurance & Corporate Claim Management
• Clinical Research
• Mobile App modules e.g Patient Portal

Origin Integrated Studios will also continue providing state-of-the-art products developed through continuous research and development, to achieve creative innovations and solutions.

Source: https://insightscare.com/origin-integrated-studios-offering-conclusive-technical-solution-for-healthcare/

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Cover2Protect: A Compassionate and Trusted Telehealth Provider

 

Technology has become a boon for healthcare. Using technology to provide quicker health interventions is soon going to become a norm. There have been areas in which telehealth has been able to help medical professionals. A number of healthcare professionals are providing tele consults and many such health related solutions.

Digitalization has allowed the patient to connect the healthcare system easily and conveniently in a way that has never been possible before. Its importance in countries such as India is that startup entrepreneurs are establishing new healthcare systems that are going to be based on digitalization.

A startup platform and convergence of digital world, modern medicine, and Ayurveda that is on a mission to transform the future of healthcare delivery around the globe is Cover2Protect(C2P).

The inspiration to start Cover2Protect was to make healthcare personalized. It strives to uphold the power of Modern medicine- a curative platform, and Traditional medicine- Ayurveda, which an age old preventive measure. 

Rendering Quality Medical Services

Cover2Protect believes the disease development phase which is medically divided into six stages requires different intervention approaches. And Ayurveda can prevent the first four stages i.e. Accumulation, aggravation, Spread, Localization. Whereas, the last two stages which is post diagnosis i.e. manifestation and complications, modern medicine is needed to cure it.

Cover2Protect was conceived in 2017 to help people through personalized healthcare. It is curated based upon the experiences of professionals from diverse backgrounds of medical, technology and insurance.

The Vital Pillars

The founders are from diverse background like Data Science, Medicine and Insurance. Rajat Sharma, the Founder & CEO, started C2P with the idea to build an AI platform to make healthcare more personalized. Rajat brings his 15 years of experience in building startups and growing business in APAC countries to the organization.

Co-founders, Dr. Prasanna Ganappa and Nishant Gupta have played a constructive role in building C2P a strong foundation what it is today. Dr Prasanna is skilled in the clinical field whereas Nishant is a seasoned entrepreneur having founded startups in Insurance and Healthcare.

Transparency in its Work 

The quality system adequately ensures the accuracy and integrity of data to support the safety, effectiveness, and quality of the services it delivers, and data on which it gives the personalized solutions.

The organization works closely with hospitals, doctors, Ministry of Health and other regulators to ensure they abide by the rules while attempting to disrupt the way healthcare industry works. For regulatory compliance C2P is been recognized and awarded by various bodies in healthcare, IOT and Artificial Intelligence space. It works with MNC insurance companies, hospitals and government bodies around various POCs to ensure that it has enough feedback to analyze the data.

The Artificial Intelligence powered health assessment platform generates a list of medical tests based on family and personal history. The android health applications are also a part of the platform to communicate health tips and follow up consultations.

Comprehensive Care

C2P is a platform that leverages AI and IOT and data models based on Ayurveda and modern medicine to provide a 360* view for ones personal health insights. It aims to utilize the data (past medical reports, HRA, Vatta-Pita-Kapha body type analysis. It examines the behavioral data ( calories and type of food or drinks consumed daily, activity, travelling etc.) and make health insights more personalized to every human body type.

It caters a wide range of wearable devices, medical devices and KIOSK along with mobile apps that can link up the patient or user to his or her concerned doctor, coach or nutritionist .C2P benefits the end user by providing enough data points around the user to enable a seamless and more trustworthy teleconsultation.

These services help the assessors in better understanding the patients’ needs and expectations. The online service platform avoids unnecessary clinical hassles. This in turn helps in better outcomes and increased patient satisfaction.

Accomplishments

C2P has done various POC’s with some of the large Global Insurers in India , Hong Kong , Indonesia and Singapore. C2P takes pride in working with Govt in India and considers it as a remarkable achievement. It has also partenered Uzbekistan and is in discussion with a few more ministries to drive public healthcare and fitness programs.

Most recently the startup was invited by ‘The Translational Research Institute for Space Health (TRISH)’ to partner as part of a program run by NASA. Cover2Protect was one of the ‘TOP 5 startups’ at the IOT congress in 2018 and the only startups in the healthcare space. It has also been recognized as one of the ‘Top progressive wellness companies in Singapore’ by Longevity international UK.

A Bright Future Ahead

Nurturing the next generation of entrepreneurs, the startup urges them, “if you have an idea to solve a problem in the healthcare space, GO for IT. There are a lot of problems in Asia and we will need a lot of entrepreneurs to solve these problems. There cannot be one organization to solve all problems, hence we will need many small, specialized startups to work collaboratively to solve these problems”. 

Emphasizing the need for regulations, the organization advices, “one advice to upcoming entrepreneurs in the Healthtech space would be ensure that you look at the regulatory aspects before you start building the platform to avoid heavy changes and roll backs later in the stage of Go to market”.

C2P looks for a long term healthcare plan that aims to create the world’s most intelligent AI platform for preventive and curative healthcare embracing Ayurveda, and modern medicine as a holistic approach to healthcare.

Further with its experience C2P is planning to replicate its efforts in creating the world’s largest network of Ayurveda (Doctors, dispensaries, nutritionist, Ayurvedic massage, and wellness packages).

It envisions to provide users worldwide to tap the 5000 year old power of Ayurveda, and Yoga to deliver wellness digitally using the comprehensive IOS and Android APPs, Medical IoT devices, and wearables based in India.

C2P hopes to establish a strong foundation in India by building a platform that could enable users and healthcare providers share quality data based on the Realtime accessible data.

Source : https://insightscare.com/cover2protect-a-compassionate-and-trusted-telehealth-provider/

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Thyrocare: Powering the Healthcare Engine with Automation

Medical diagnostics is at the centre of healthcare delivery. In recent years, much has been said about process improvement and automation and how can these approaches help medical diagnostic centres improve efficiency and cut costs.

Equally significant is their ability to reduce the opportunity for medical errors and increase patient safety. Laboratories produce test results that are widely used in clinical and public health settings.  They affect the treatment decisions in as many as 70% of medical cases. The patients health outcomes depend on the accuracy of testing and reporting.

Thus, delayed or incorrect laboratory results caused by poor sample quality or other pre-analytical factors potentially obstruct or lead to erroneous diagnosis and treatment. This may impact patient outcomes, severely compromising patient safety leading to unintended economic burden on the laboratory or the hospital.

In order to achieve the highest level of accuracy and reliability, it is essential to replace the existing systems and incorporate such systems that can efficiently perform all processes and procedures in the laboratory.

Studies say that such errors or delays contribute to millions of injuries and deaths every year. Having intensified efforts to combat this serious problem, many laboratory professionals and hospital administrators have come into force at implementing automation systems in their clinical laboratories. As automation continues to grow in popularity, these laboratories are witnessing the proof of its success and tapping into dramatic improvements in error reduction and testing efficiency.

Witnessing the benefits of automation, laboratories have no doubt grown more enthusiastic about improving processes through automation. This has demonstrated the fact that laboratories play a cardinal role in safeguarding the well-being of patients. Notably, automation is a tool that enables the professionals to perform this role much more efficiently and effectively.

An organization achieving the vision of quality health for a better world which is at the forefront of innovation in the healthcare industry is, Thyrocare Technologies Limited. It is proud to be a part of the technology and automation shift that is transforming the medical and healthcare landscape.

At the Forefront of Automation

The Mumbai headquartered organization Thyrocare, is a diagnostic laboratory that is focused on clinical chemistry. It operates across ten countries and processes nearly 4,00,000 tests related to various disorders per day.

Thyrocare is India’s first and most advanced fully automated laboratory having a strong presence in more than 2000 cities and towns across India and the globe. It primarily focuses on providing quality services at affordable costs to laboratories and hospitals in India and other countries.

Thyrocare plays an active role in supporting small laboratories that lack costly analysers to fulfil their diagnostic needs using a back end high technology partner. It provides cutting edge solutions to chronic illnesses offering affordable and reliable solution in identifying, monitoring and managing the disorder.

The Journey of a Prolific Entrepreneur

Dr. A. Velumani, the Founder of Thyrocare, was born in Appanaicken Patti Pudur, in 1959, a small village in the outskirts of Coimbatore District, Tamil Nadu. Regardless of being born to an underprivileged family, his mother managed to admit Dr. A. Velumani and his siblings to pursue graduation from the Chennai University.

Dr. A. Velumani, after completing graduation, along with his siblings, managed to accomplish post graduation from the Mumbai university by barely earning money to survive.

The dearth of job opportunities available in Coimbatore required him to move to Mumbai in 1982. Putting immense efforts, he finally got recruited to Bhabha Atomic Research Centre in Mumbai. To his surprise, getting admitted to BARC was as if a dream come true. Apparently, at the centre, he completed PhD in Thyroid Biochemistry during his stint of 14 years at BARC as a Research Scientist.

By the time he was 37 he had accomplished all the desires anyone would dream for- Job, Salary, Caring wife, Children, Comfort, and Luxury. But still, something kept him bothering. It made him feel that this is a high time in his life where he can take risks and do something impactful.

By taking some life changing decisions, he and his wife gathered huge amount of funds and established Thyrocare. The journey of good and bad experiences had curated and transformed his life which made him what he is today, a Prolific Entrepreneur.

Utilizing his 15 years knowledge of Thyroid Biochemistry and its testing methods, technology and reagent manufacturing Dr. A. Velumani disrupted the traditional business models in clinical chemistry.  And now Thyrocare, his venture, has reached a 3000 crore market capitalisation in a period of 20 years. Thyrocare has so far employed 8000 graduates and is directly or indirectly providing livelihood to over 10,000 families.

A Historic Feat in Clinical Chemistry

Initially, Thyrocare had started with a focus on Thyroid made Thyroid volumes. It helped Thyrocare to build a foundation for HR management, IT, and Logistics that would handle operations in multiple cities.

In the following years, Dr. A. Velumani along with his team of professionals from the medical fraternity, incorporated clinical operations for Infertility, Pregnancy, Growth and Metabolism, Diabetes, and Oncology. Currently, Thyrocare works on conducting 300 different tests through its automated laboratory. It’s focus is on metabolism.

Considering the use of technology, during the initial phases, it used only a single technology ‘Radioimmunoassay’. Its focus on speed and accuracy made Thyrocare the first Indian laboratory to boast of an IT enabled and fully automated diagnostic laboratory before it actually emerged in practice all over the country.

Today, Thyrocare is the single most fully automated laboratory in India with an investment of around 100 crores on analysers and automation. Serving best to the community it has made a big difference to the country through its clinical research and by introducing advanced technologies to work efficiently.

Moreover, it is the first company in India to introduce barcoding system at collection point. It provides collection kits, which contains barcoded tubes and consumables and ensures that error free samples are collected.

It is equipped with meticulously created and monitored systems, well-chosen and trained manpower, best global technologies for testing and an uncompromised approach to instrumentation. Its uniqueness is looked upon as a yardstick for quality by stakeholders in the diagnostic industry. Its effort to innovate and remain at par of the global standards for best of quality service delivery, at the most cost-effective prices sets it apart.

Smart Solutions

Thyrocare was a 100% manual laboratory conducting all the tests using trained manpower from the year 1995 to 2000. It scaled its operations and by 2010 it carried out 90% automated procedures. It has integrated Total Laboratory Automation (TLA) to improve productivity of machines and workforce. The installation of ‘Aptio system’ by Siemens has made the entire operations seamless and totally automated.

It has created an in-house IT solution, called ‘Charbi’ previously known as ‘Back Bone’ which today seamlessly connects employees, departments, franchisees, DSAs and vendors as well. Its robust IT infrastructure connects its network of clients spread across ten countries to its Cloud Server. The cloud server is an integration of Laboratory, Technology, Business, Logistics, CRM and administration.

Thyrocare has also partnered with ‘Better-Life’ for customer convenience. Better-Life, is a mobile app development company specialising in the healthcare sector. It works to bring mobility into the diagnostic services space by giving customers the convenience to book tests, view reports and check health notifications on their mobile devices.

Comprehending the Future

Thyrocare aims to focus more on the same domain i.e. clinical chemistry, which has huge scope globally. It envisions to add more technologies in clinical chemistry, and add more tests in it for menu expansion. It looks forward to introduce more packages for preventive care, more franchisees and reach the far flung and smaller towns in India.

Source: https://insightscare.com/thyrocare-powering-the-healthcare-engine-with-automation/

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Maple: Leveraging Innovation and Technology for Providing Convenient Healthcare

 

The healthcare space is changing drastically. With the help of emerging technology, telehealth now plays an important role in shaping how people experience healthcare. Through new tools and software, telehealth is being integrated in day to day life. Maple, a platform that connects patients with doctors in minutes through their computer or mobile device, is leading the charge in Canada, making healthcare more accessible across the country.

Dr. Brett Belchetz, the Co-founder and CEO of Maple believes that this combination of healthcare and technology will dramatically improve the experience of patients. He and his team have been working to make healthcare more accessible with a series of consumer facing and hospital focused technologies. To showcase these new healthcare platforms, we bring to you a unique interview with Dr. Brett Belchetz.

What is Maple? How does it benefit patients and doctors?

Maple is a virtual care platform that tackles some of the world’s most meaningful issues in healthcare, starting with timely and convenient access to doctors and other healthcare providers. Maple’s consumer-facing platform allows patients to connect directly with doctors in minutes from their smartphone or computer 24/7/365.

This system is also leveraged by employers, as a means of reducing workplace absences and increasing team productivity. In addition, Maple provides customized technology solutions for hospitals and clinics that are seeking to advance in the delivery of care. These systems include Canada’s first-ever telehospitalist platform, as well as ER-diversion technologies.

What are your contributions towards the company? What led to the inception of Maple?

I’ve been an emergency room doctor in Toronto for over 15 years. Throughout the years, I’ve seen wait times grow longer and longer while precious resources grow scarcer. Many of my patients have no family doctor, and even those who do often can’t obtain an appointment for weeks. It has always upset me when I saw my patients waiting 4 hours or more to see me in the ER for basic family medicine type issues.

They are usually losing out on a day of work or missing out on important life events. Sometimes they are exposed to the flu while waiting for something that could have been addressed in a few minutes on the phone. I always thought there had to be a better way.

A few years ago, I had a eureka moment after I gave three separate friends’ medical advice by text message in a single week. All three of them were able to avoid a lengthy ER visit and a large amount of anxiety.

In my head, I thought “this is so unfair that my friends and family can access a doctor’s advice any time by text message, while most Canadians have to wait for hours in a waiting room.” My second thought was “wouldn’t it be amazing if we created a service that lets all Canadians contact a doctor the same way in minutes?” And thus, Maple was born.

How is the internet helping to shape healthcare and how is it enabling Maple to accomplish its mission?

At Maple, we believe that through technology and innovation, you should have access to healthcare professionals when and where you need it. You bank online, shop online, and work online. Why not access healthcare online?

Our mission is to tackle some of the world’s most meaningful issues in healthcare, starting with timely and convenient access to doctors and other healthcare providers – so that you can feel better, faster.

Describe the extraordinary journey of Maple so far. Where do you portray it in the years to come?

Maple’s journey has been defined by solutions. When we launched in 2016, we saw ourselves as a purely consumer-facing platform, which would provide timely access to Canadians. Shortly after, a number of businesses approached us to ask about our corporate offering, so we crafted a solution tailor-made to their needs.

Similarly, our hospital program was born out of the determination of the administrators at Western Hospital in Alberton, PEI, who needed to address ongoing physician shortages. Working hand-in-hand with them, we created Canada’s first-ever telehospitalist system.

There are countless other issues that technology can solve in the years to come to make Canada’s healthcare system a world leader, and we will continue to address them.

Describe the revolution that ‘Telehealth’ has brought to the healthcare industry. What are its effects?

Telehealth is the future of sustainable healthcare delivery. It’s been shown that over 50% of healthcare issues can be addressed safely online, with higher rates of patient and provider satisfaction seen compared to in-person care. As our population ages, telehealth allows us to treat patients in the home, saving our precious and expensive hospital capacity for the neediest among us.

Also, telehealth evens the playing field between rural and urban locales, allowing even the most isolated regions to have access to the top medical professionals in the world.

Share with us the most remarkable customer experience along with awards and accolades.

One of the most powerful customer experiences happened on a train traveling through rural Ontario. Hours away from any hospital, a person went into anaphylactic shock. They had an epi-pen, but being in shock, they couldn’t remember how to use it. The person traveling with them logged into Maple, video conferenced with one of our doctors for direction, and then administered the shot. In only took a matter of minutes, but saved the patient’s life.

Our telehospitalist program, which has been keeping the doors open at Western Hospital in Alberton, PEI through Canada’s first virtually staffed inpatient ward, has also been highly recognized by both the Government of PEI, winning its Department Innovation Award and the Health PEI Board’s Leadership in Quality and Safety Award  in 2019. The program has also been recognized in the province’s Legislative Assembly in 2018. We were a finalist for the Canadian Health Informatics Awards in the Patient Care Innovation category as well — the response to the program was amazing.

What advice would you give budding entrepreneurs in the Telehealth space?

It’s easy to get side-tracked by the pursuit of revenue and growth, so it’s important to always maintain your “north star” of why you went into this in the first place. For us, that’s to improve the health of patients in a sustainable way. We’ve been guided by this in all the decisions we’ve made and it served us well.

What are your future goals? Are there any exciting services in the queue to be launched?

Since last year, we’ve been adding a number of specialties to the Maple platform, from dermatologists to lactation consultants. In the near future, we see Maple as the connecting platform, between all your healthcare providers, allowing you to connect with any type of practitioner through the platform which will act as a repository for all your health records to enhance continuity of care.

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