Nightingales Home Health Services, a Medwell Ventures company has now entered Chennai. It set up its first branch in the centrally located area of Adyar.
After successfully establishing a presence in Bengaluru, Mumbai, Pune and Hyderabad markets, it set up its maiden Chennai, it aims to aims to establish a home healthcare delivery network in 10 Indian metro clusters and increase its subscriber base to over 500,000 families.
A multi disciplinary and experienced team will provide comprehensive healthcare services at home including visits by doctors, nurses, physiotherapists, respiratory therapists and wound care therapists. Nightingales has established specialised protocols for management of patients with strokes, COPD, congestive heart failure, diabetic wounds and musculoskeletal issues at their home.
“India is going through a transformation in its healthcare delivery ecosystem and speciality led home healthcare services with a focus on chronic diseases will play a key role in this transformation. Heart diseases, COPD, strokes, cancers and diabetes are 60% cause of mortality in the country. Non communicable disease’s (NCD’s) scale to become chronic diseases and currently account for 40% of all hospital stays and 35% of OPD visits. Our model of home healthcare through Nightingales aims to reduce recurrent hospitalisation of patients with chronic diseases by devising personalised care plans for their management at home. NCD’s and neurohealth issues will cost India $4.58 trillion by 2030 and will cause huge health affordability issues”, stated Vishal Bali, co-founder & chairman, Medwell Ventures.
Nightingales sets up operations in Chennai at a time where Tamil Nadu has the highest fatality rate due to lifestyle diseases such as diabetes and kidney disease, he added.
“Chronic diseases are a key issue in Chennai with a high re-hospitalisation rate. Our Adyar branch will cover 3.2-3.5 million people and subsequent branches will come up in other parts of Chennai. With over 60% of hospital beds currently present in central Chennai we see post-hospitalisation as an integral offering from us”, said Narasimha Jayakumar, CEO, Nightingales.
The home healthcare provider has grown from a single branch in Bengaluru in 2014 to 16 branches across 5 cities with 1,000 medical, paramedical, and healthcare professionals. It provides over 25,000 home health services in a month and currently has more than 500 post stroke patients under its care delivery. Home dentistry service for the elderly across 4 cities.
In May 2015, Eight Roads Ventures led $10 million in Series A round in Medwell Ventures followed by a series B-round $ 21 million in 2017 by Mahindra Partners. The company has overall raised about $35 million across its seed, series A, and series B rounds.