Healthcare startup SuVitas, a post-hospitalisation rehabilitation care facility is planning to expand to 15 cities shortly and launch new streams of care.
Healthcare startup SuVitas, a post-hospitalisation rehabilitation care facility is planning to expand to 15 cities shortly and launch new streams of care. SuVitas serves patients who have undergone treatment for serious ailments across neurology, cardiology, orthopedics and early-stage oncology and are not completely recovered to go home. It offers individualised protocol based care plan with assistance from physicians, therapist, nurses, nutritionists and counselors.
“Transition care is nearly non-existent in India, but the latent demand is huge. It is relatively different compared to the home health care industry, as patients move in right after discharge from acute care hospitals and are not ready to manage their recovery. Adopting the USA medicare model, where seven per cent of healthcare expenditure goes into transition care, in India, will translate to a market size of $3.9 billion for transition care,” said Bipin Pendyala, Founder and Chief Executive Officer, SuVitas.
Healthcare spend in India is pegged at about $21 billion by the government while private spend is estimated at about $57 billion. SuVitas plans to build 2,000 transition bed care capacity in the medium term. “We will have 30 facilities across 15 metros and some tier II cities,” added Pendyala.
Pendyala also said that each centre will have a 50-70-bed capacity and would require about 75 personnel. It has plans to recruit about 2,300 personnel across physicians, nurses, physios, occupation and speech therapists, dieticians, nursing assistants and others. Human resources is a challenge in the healthcare industry as the international demand remains high while domestic demand is increasing rapidly.
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