Published By : 05 Mar 2018 | Published By : QYRESEARCH
LiveHealth has gained a seed round of US$1.1 mn from Nexus Venture Partners. The company digitizes diagnostic lab workflows. The raised fund will be utilized in expanding its platform across India, exploring international markets, and strengthening the product and technology. The firm digitizes the records in diagnostic laboratories using its SaaS platform and makes them accessible on the cloud for doctors and patients. Over 650 diagnostic centers across Africa and India are working with LiveHealth to mechanize their operations, in order to manage their patients, automation among medical instruments, financial transactions, and their inventory. Since LiveHealth provides them with deep insights to gain revenues and attain profitability, and simplifies the interchange of information with other healthcare providers, its demand is significantly rising across these regions.
Abhimanyu Bhosale, the CEO of LiveHealth, stated that the focus of this company is on addressing the technology gap in the medical and healthcare sector and enable the interaction among all stakeholders. This company is also concentrating on gathering massive amounts of data to garner insights and develop models to enhance healthcare outcomes. Hitherto, the platform has digitized over 72 mn records and is providing to more than 50,000 digital medical records to patients and doctors each day. With just a mobile application, doctors and consultants can gain access to the records of their patients. Patients can utilize the LiveHealth mobile app to understand their reports, evaluate their previous health data, and continue monitoring their health by using health trackers, even remotely.