Abhinav Shashank

Exciting insights from my exclusive interview with Shrey Jain and Arpit Jangir, founders of HealthCRED! They share how the recent $1.2M funding will fuel expansion into southern and western India, addressing critical working capital gaps in the healthcare ecosystem. Read about their vision for transforming healthcare finance. #HealthCRED #HealthcareFinance #Innovation #HealthcareExpansion #HealthTech

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"Ultimately, this journey shaped my belief that to drive real change in care delivery, you need to work on the system level, influencing policy, clinical protocols, and innovation." Last year, Mahesh Krishnan gave a powerful TEDx talk where he introduced the idea of a "triple threat" physician—leaders who are experts in patient care, population health, *and* the business of medicine. Recently, Janis Naeve and I had the chance to sit down with Mahesh to hear his story. We discussed his path from clinical practice to global leadership and his work aligning policy, funding, and innovation in nephrology. Remember those "triple threat" physicians? As we dive deeper into Mahesh's journey, it all starts to sound familiar. There's a reason he's at the heart of so many impactful efforts in kidney care. His quote at the top sums it up perfectly. Oh, and fun fact: Mahesh is the reason I first got involved in kidney care over seven years ago. But that's a story for another day. 𝐖𝐡𝐚𝐭 𝐰𝐞 𝐥𝐞𝐚𝐫𝐧𝐞𝐝 • The journey: MD, Amgen, DaVita, KCP & beyond • Why he moved from pharma to care services • Innovation priorities at Kidney Care Partners • Demystifying healthcare policy & change • Advice for policymakers and industry leaders • The most urgent unmet needs in nephrology • Addressing funding gaps in kidney innovation • Where patients fit in the push for innovation • Barriers to realizing the future of kidney care • Nephrology's next frontier: personalized care • Final thoughts and takeaways on actionable innovation Read the full interview here: 📡 https://lnkd.in/eQaZtVui *** This was a ton of fun to capture and share. My thanks to Mahesh for your leadership, passion, and candor in all you do. And to Janis for showing me the ropes and always asking the right questions. 1. What questions do you have for Mahesh? 2. What else should we know about policy? 3. What are your top priorities for system level change?

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The #telehealth segment in India is undergoing rapid transformation driven by several key trends. The proliferation of smartphones and the growing variety of mobile health apps have significantly boosted #telemedicine services, allowing patients to access #healthcare conveniently from their mobile devices. Wearable devices and remote monitoring technology enable healthcare providers to track patients' vital signs, manage chronic conditions, and oversee post-operative care remotely, allowing for early diagnosis of health issues and personalized treatment plans. AI-powered telemedicine solutions that use machine learning algorithms to analyze medical data, interpret diagnostic images, and provide decision support to healthcare practitioners are also gaining traction. AI-powered triage systems prioritize patient consultations based on symptom severity, optimizing resource allocation and improving healthcare efficiency. However, the adoption of telemedicine in rural India remains a challenge due to a significant portion of the rural population being uninformed about telemedicine services, reflecting broader issues of #digitalliteracy and accessibility. The heavy dependence on government-led healthcare services, combined with this lack of awareness, underscores the need for targeted education and training programs to facilitate telemedicine adoption. In urban areas, telemedicine adoption is more advanced, driven by better digital infrastructure, higher levels of digital literacy, and greater awareness of telehealth services. Urban residents have quicker access to the necessary technology and are more likely to utilize telemedicine for its convenience and efficiency. Nonetheless, the potential benefits of telemedicine, particularly in terms of cost and time efficiency, are slowly being recognized by the rural populace as well, indicating a positive change in their mindset towards modern medical technologies and healthcare. Given these trends, the telehealth segment in India is expected to witness substantial growth in the current financial year. The combination of advanced technology, increasing digital penetration, and supportive government policies is likely to drive the expansion of telemedicine services across both urban and rural areas, enhancing healthcare accessibility and efficiency nationwide. Read more: https://lnkd.in/gWAEZtv6

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In the first half of 2024, the Indian healthtech sector saw a notable rebound with significant investments. Key funding events included CureBay's Series A1 round led by Elevar Equity, FlexifyMe's seed funding, Piscium's Series A round led by Unicorn India Ventures, and Curefit - house of cult. funding led by Valecha Investments. Cardiotrack, sugar.fit, Ultrahuman, and Pandorum Technologies also secured substantial amounts in various funding rounds. MeduLance, Varco Leg Care, PharmEasy, Alyve Health, Cloudphysician, Watchyourhealth.com, and Drucare received notable investments as well. Additionally, TechEagle Innovations closed a bridge round with an undisclosed amount. These investments are set to drive significant innovation and expansion in the healthtech sector. #Healthtech #StartupFunding #IndianStartups #InvestmentNews #HealthcareInnovation #TechInvestment

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The Wild Ride of Rapid Growth: Transitioning from Founder to CEO! Starting a digital health company is exhilarating, with late nights, bold ideas, and relentless pursuit of success. But when dreams materialize faster than expected, the excitement is matched by the reality of rapid scaling. Here’s my experience navigating this whirlwind and the shifts required to keep up. Embrace the Shift: From Doer to Leader In the beginning, an entrepreneur wears many hats—visionary, marketer, accountant, even coffee runner. But as your business takes off, demands grow exponentially. The first major shift is realizing you can't do it all. Letting Go of Control: To scale effectively, you must delegate tasks to experts. This means hiring the right personnel to manage various aspects of the business. Thinking Big: The CEO's New Role As your team takes over operations, your role evolves. Your focus shifts to steering growth and strategic direction. Visionary Thinking: Anticipate market trends and plan the next big moves. Building Relationships: Nurture relationships with clients, investors, and peers to drive growth. Strategic Decision-Making: Make high-impact decisions shaping the company’s future. The Wild Ride Scaling rapidly is thrilling but daunting. The pace can be overwhelming, and the stakes are high. However, the rewards are immense. Seeing your idea grow, your team thrive, and your hard work pay off is unparalleled. Building Your Dream Team To sustain rapid growth, you need a supportive team. Key roles include: Accounting Marketing Sales Administration Legal Human Resources Customer Support Technology/IT Operations Management Product Development Adaptability and Resilience: Stay adaptable and resilient. Learn from setbacks, celebrate wins, and keep pushing forward. Balance and Well-being: Maintain balance. Prioritize your well-being, stay connected with your support system, and find time to recharge. A healthy leader is essential for a thriving business. In conclusion, transitioning from a solo entrepreneur to the CEO of a rapidly growing company is a wild ride. It requires a significant mindset shift, the right team, and relentless focus on the bigger picture. Embrace the chaos, enjoy the ride, and keep pushing boundaries. The rewards are well worth the effort. LIVEMED Telehealth™ #physicianleader #CEO #Founder #healthcareinnovation #startups #entrepreneurship #digitalhealth

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Great insights for anyone building any business.

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As I do after every SIIM, I took some time to put together my thoughts on the key industry trends I picked up. This year, it's all <AI> meets <Patient Engagement> meets <Cyber Security>. Article linked below! 👇

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My recent analysis on the transformative power of healthtech in India landed in Silicon India Magazine! siliconindia The headline? "Disrupting Traditional Healthcare Models: How Healthtech Startups are Redefining Care Delivery in India" - captures the essence of how these innovative startups are transforming healthcare. Here's a breakdown of what's fueling my optimism: Telemedicine revolutionises healthcare, eliminates commutes and wait times, and connects patients with specialists in remote areas. Healthtech startups empower patients with mobile apps to manage chronic diseases, schedule appointments, and monitor vital signs. Wearable devices enable real-time health data sharing for proactive and preventive care. Electronic Health Records (EHRs) streamline administrative tasks, enhancing patient care by improving data sharing and reducing repetitive tests. Healthtech also makes healthcare more sustainable by reducing unnecessary travel and promoting preventative care. Challenges like digital access and data security remain, but collaboration between all stakeholders can overcome them. Big thanks to Silicon India Startup City for featuring my viewpoint! TrioTree Technologies Pvt Ltd #technology #healthcare #healthtech #triotree #startups #siliconindia #healthtechstartups _______________________________________________________________________ Comment - Read the full story here: https://lnkd.in/gYwykTTh

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ASCs are uniquely positioned to thrive under value-based care models. By focusing on specific patient conditions and streamlining their resources, ASCs enhance care quality while reducing costs. This efficiency benefits patients by ensuring high-quality care and rapid recovery times. As the shift towards value-based payment models grows, ASCs will likely play a key role in optimizing healthcare delivery. #ASCs #Healthcare #VBC #ValueBasedCare

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Excited to share insights from our exclusive interview with Sushant Roy, Co-Founder, CBO, and COO at Alyve Health. Dive into how #AlyvePay is transforming healthcare payments, the evolution of digital health payments in India, and the trends shaping the future of #healthtech. Read the full interview for a deep dive into the future of healthtech in India. Shashank Avadhani Vineet Mehta #Healthtech #DigitalPayments #AlyveHealth

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Health tech companies reported strong Q3 2024 earnings, driven by expanded offerings, rapid adoption of AI tools, and increased client demand. Here’s a recap of key updates: - Hims & Hers: A telehealth platform offering personalized treatments across mental health, sexual health, dermatology, primary care, and weight management. Q3 revenue jumped 77% to $401.6M, net income was $75.6M, and subscribers grew 44% to 2M. The company plans to launch a generic liraglutide in 2025 and raised its 2024 revenue forecast to $1.46B-$1.465B. - Doximity: A networking and workflow platform for medical professionals providing tools like telehealth, scheduling, and AI assistants. Revenue increased 20% to $136.8M, with AI tools leading growth and 1M prompts used in Q2. The company raised its 2024 guidance to $535M-$540M in revenue. - Waystar: A healthcare payment and revenue cycle management company serving 30,000+ clients across care settings. Revenue grew 22% to $240M, driven by rapid client adoption after a competitor’s cyberattack. The company raised 2024 revenue guidance to $926M-$934M and expects 2025 revenue near $1B.

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Direct applicability of GenAI in business scenarios is an exciting space to be in. With a Platform centric approach, some of the solution's core needs - Data Governance, Ethical dimensions, Secure Integrations and RoI Frameworks, typically are delivered out of the box. Great to see EvoluteIQ to continue to push the boundaries. Looking forward to hearing you Deepak Kinger and the other esteemed speakers. 3AI, 3AI Thought Leaders Circle, #TechForIndia #MakeinIndiamakefortheworld

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From ROI to Return on Innovation: Expanding Metrics for Comprehensive Healthcare Success Shifting the focus from traditional ROI to Return on Innovation invites us to redefine healthcare success. This broader perspective promises enhanced financial returns & also strengthens access, improves experiences & secures the indispensable role of healthcare systems within communities. Broadening Investment Perspectives: Traditional ROI metrics often overlook the holistic benefits of innovation. By expanding these metrics, we capture the full spectrum of returns—from financial performance to improved patient access & community health outcomes. Embracing this approach meets our criteria of "one investment, many returns," where strategic innovations yield multiple benefits-including financial gains. Strategic Data Management for System-Wide Impact: Effective data management is pivotal in supporting this strategic shift. Robust data governance not only enables successful AI integration but also enhances decision-making & operational efficiency, crucial for navigating the current economic landscape & ensuring comprehensive patient care. Prioritizing People in Innovation: True innovation places people—patients & healthcare providers—at its core. Innovations should enhance healthcare delivery, making it more efficient and human-centered, thereby improving outcomes & enhancing provider satisfaction. Navigating Hype with Strategic Focus: Amidst the excitement surrounding new technologies, maintaining a focus on practical, scalable solutions that address core system needs is essential. This means selecting innovations that offer scalability & adaptability, cutting through the hype to target technologies that genuinely enhance operational effectiveness & patient care. Building Sustainable Trust: Trust is foundational in healthcare. Innovations should be transparently communicated and demonstrably beneficial, aligning with the values of patients, staff & the broader community. Action Steps for Holistic Returns: - Develop Comprehensive Data Strategies: Enhance AI readiness with robust data governance that supports strategic decision-making. - Invest in People-Centric Innovations: Focus on technologies & processes that improve provider workflows & patient interactions. - Evaluate Innovations for Broad Impact: Opt for solutions that strengthen not just financial metrics but also improve access, experience & community indispensability. The Bottom Line: Expanding our view of returns from mere financial metrics to include the impacts of innovations leads to a more holistic measure of success. This approach not only secures financial health but also ensures that healthcare systems remain vital, responsive & indispensable to the communities they serve. By focusing on strategic growth, revenue enhancement & operational efficiency alongside traditional cost management, healthcare systems achieve sustainable financial health & multiple returns from a single investment.

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We may not agree with all, but Vinod Khosla's insights on AI reveal crucial possibilities we face: ➕ Job Displacement: Automation could eliminate up to 80% of current jobs, leading to significant economic challenges. ➕ Healthcare Transformation: AI can revolutionize patient care by enhancing diagnostics and enabling personalized treatments, potentially saving millions of lives. ➖ Widening Inequality: If unchecked, AI might deepen the wealth gap, benefiting a select few while leaving many behind. ➖ Ethical Concerns: Risks include authoritarian surveillance, systemic biases, and the spread of misinformation. ➕ Collaboration is Key: The focus should be on AI augmenting human abilities, not replacing them. ➕ Regulatory Frameworks: There’s an urgent need for ethical guidelines to govern AI development responsibly. Future of AI needs both caution and optimism.

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The pandemic changed the way we access healthcare, and telemedicine became a lifeline for millions across India. From rural to urban areas, virtual consultations have helped bridge the healthcare gap. In my latest article for Voice of Healthcare, I discuss how the telemedicine market is growing rapidly, with projections of a 31% CAGR by 2025. This growth isn’t just about convenience—it's about making healthcare more accessible to all, especially in underserved regions. The future of healthcare lies in hybrid models that blend virtual consultations with in-person care, supported by innovations like remote monitoring and AI-driven diagnostics. Join the conversation and share your thoughts, ideas, and experiences to help us build a more accessible and equitable healthcare system. TrioTree Technologies Pvt Ltd #healthcare #healthtech #telemedicine #triotreetechnologies #health

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Join me for a discussion on what is changing and what will remain the same for the healthcare industry in the years to come.

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India's technology landscape is rapidly evolving, becoming one of the world's most dynamic ecosystems in terms of technological advancement and adoption. This rapid transformation is reflected in a multitude of sectors, from the bustling streets of Mumbai to the tech corridors of Bengaluru, where innovation is not just embraced but celebrated. In 2024, India stands out as a hub of innovation and opportunity, where tradition and modernity converge to create a vibrant ecosystem full of possibilities. The synergy between elevating and grounding forces is key to this change, with elevating forces fueled by interaction, information, and computing serving as catalysts for innovation, propelling industries towards uncharted territories. These forces herald the rise of transformative technologies such as spatial computing, which allows virtual worlds to blend with the real world, and Generative AI (GenAI), that gives organizations access to new insights and creative potential. Simultaneously, grounding forces, including the business of technology, core modernization, security, and trust, provide the necessary foundation for sustainable growth. Investments in modernizing core systems and bolstering cybersecurity infrastructure ensure seamless integration of new technologies while safeguarding against emerging threats. As technology evolves, DevOps undergoes a paradigm shift, prioritizing the empowerment of developers through developer experience (DevEx). This transition fosters a culture of innovation and collaboration, driving efficiency and creativity in software development. Furthermore, the Indian technology industry's revenue is set to surpass US$254 billion in FY2024, with a 3.8 percent year-on-year growth, marking an addition of more than US$9 billion compared with the previous year. The rising prominence of Global Capability Centres (GCCs), highlighting India's increasing ability to meet international tech demands, is a key contributor to the country’s growth. With over 1,600 GCCs, the Indian GCC market is on track to exceed US$100 billion by 2030, likely to employ more than 4.5 million people across 2,500 GCCs nationwide by 2030. The last decade has seen India create the world’s largest digital public service ecosystem, scaling it for a billion people to usher in an era of digitization. This has had a domino effect – improving governance and quality of life, driving technology innovation, IT services, and product development, and accelerating the tech start-up culture in India. As more businesses use immersive experiences powered by 5G and spatial computing, coupled with government initiatives supporting digital innovation, India is poised for a transformative era.

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🏃🏃🏃 In the landscape of India's medical diagnostic industry, offering heavy discounts💰💰💰 funded by investor money may seem like an attractive strategy to draw customers. However, this approach can undermine long-term sustainability ✅✅✅ and profitability. Relying on investor funds to💰💰💰 subsidize services can lead to unsustainable pricing structures, erode market value, and create unrealistic customer expectations. Building a 🏋️🏋️🏋️ healthy business model requires a focus 🎯🎯🎯 on delivering quality services, maintaining reasonable pricing, and achieving operational efficiency. It's crucial to balance growth with financial stability, ensuring that the business can thrive independently of continuous external funding. Let's prioritize ✅✅✅ creating value and building trust in our healthcare ecosystem to make a sustainable business model.📉📉 Short-term gains should not come at the expense of long-term viability. #BusinessStrategy #HealthcareIndustry #SustainableGrowth #DiagnosticLaboratory #IndiaBusiness

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