AllizHealth: A Trident Approach to Alleviate Health Risk
Date: Tuesday , December 01, 2015
The introduction of smartphones and internet has changed the way people used to perceive healthcare; from curative to preventive - as mobile is the first-level helpdesk for people. But in the market which is not yet matured enough for preventive health measures, any startup with an innovative idea suffers the initial setback. To break the ice of the sluggish healthcare regime, a computer graduate from NIT-Rourkela, Chinmoy Mishra (holding over 15 years of extensive experience in the U.S. healthcare industry) along with his partners, Gaurav & Dhairya, entered the spectrum with AllizHealth in 2013 with a \'Trident\' approach - Identify, Track & Mitigate - Identifying through Health Risk Assessment, Tracking through Personal Health Record and Mitigating through personalized care plans and condition management programs.
This Pune headquartered company introduced a web-based healthcare portal that suffices the need of preventive healthcare meadow with a vision to enrich people\'s lifestyle. To do that, AllizHealth teamed-up with the enterprises - Schools, Corporate offices and Insurance companies. But the journey wasn\'t so smooth. Due to lack of funds, this company faced an uphill task to pay salaries at par the industry standard on time. But during steep funding challenges, AllizHealth started with 10,000 school - children partnering with the schools in Bangalore and Pune providing an access to parents, store, access and share child health information.
A Trident Approach
Using medically validated algorithms, a series of questions predicated on family, personal & occupational health and social support are framed to ascertain the caliber of jeopardy involved in ailment - Health Risk Assessment (HRA) which the company claims to be the finest portal in India. It not only asserts physical and mental health condition, it withal recommends tests and medications based on the result. That was just one piece of the puzzle. Taking an earnest step in digitization of medical records, AllizHealth screens the entire health records at one place - Personal Health Record. Through this, patients can access their medical records, anytime, anywhere without the trepidation of losing them. Utilizing Analytics Dashboard, it alerts patients if there is any anomaly in health condition and presents suggestions based on the situation helping insurance companies predict the health condition of the insured people guarding them with better coverage, thus saving a lot of money for the patient and company equally. This trident approach towards preventive healthcare has made it reach 120,000 registered users already in a short time-span.
The Game Changers
Though there have been many endeavors to tame some of the innovative ideas of the western countries to utilize in India, most of the conceptions have failed due to sheer lack of customization.
Pointing at the reasons, Chinmoy integrates, \"In terms of adoption of technology, we\'re still 5-10 years lagging from some of the western countries. It\'s ineluctably foreordained to fail because the context is not set up-doctors don\'t want to utilize it or the patients don\'t find it useful. Whatever we optate to implement, we require to do it keeping in mind people in Tier II and Tier III cities\".
Utilizing the skills and experience, \'the game changers\' abaft the prosperity story raised the yawl standing contiguous to Chinmoy. \"We are very fortunate to have a very, very good and ardent team. We have zero attrition till now, though, for a period of time, we were not able to pay them industry standard salaries on time. I\'m thankful for that,\" Chinmoy, the Founder & CEO of AllizHealth expounds. Amidst emblematic startup challenges, AllizHealth is still making its presence prominent through a recent funding of Rs..2.2 Crores from Mumbai Angels led by Dr. Aniruddha Malpani, Dr. Ranjan Pai and Mr. Abhimanyu Munjal that has eventually availed them to retain employees.
Rebranding Indian Healthcare
To facilitate a more colossal audience with preventive healthcare in Tier II and Tier III cities, this healthcare enterprise has aligned with ICICI Lombard, Bajaj Allianz, Manipal Health Enterprises, HCL Avitas, and Medimanage amongst others. With a vision to lay a vigorous substructure of the company and to go international - Southeast Asia and Middle East, this enterprise is gradually pacing up and launching its mobile health platform in next 3-4 months that is expected to reach B2C level.
Yet, in the process to transmute the course of healthcare system in India, AllizHealth is facing a steep challenge in regards to B2B sales, as the sales cycle is much longer than a direct sale that impedes working capital. But additionally, having predicated in the technical hub of India, Pune, the company is facing an uphill task of hiring people.
Despite of working on the line of fire, AllizHealth has stood firm and wants to raise a further round of funding in next 14 months to develop its analytic platform which is the core of the business along with hiring technology experts to bulge up. Amid poor setup, this healthcare startup has opened up the doors for a healthier India, which is already on the verge to welcome 100 percent FDI due to meager infrastructure & high import rate, and is expected to observe a drastic vicissitude in posture towards it - from curative to preventive, thus offering a win-win-win situation for themselves, the users and the insurance companies.
Chinmoy Mishra, Founder & CEO
Working with some of the biggest brands in U.S. and India, Chinmoy decided to follow his heart and incepted AllizHealth is 2013. His experience, knowledge and vision to shift India from curative healthcare to preventive healthcare are guiding the venture.
Office: Pune, New Delhi
Insurance: ICICI Lombard, Bajaj Allianz and Bharti AXA
Hospitals: Manipal Hospital, HCL Avitas
TPA: Medi Manage, Healthonsite, Crystal ARS
- Personal Health Record
- Health Risk Assessment
- Analytics Dashboard