By Introducing Its Transitional Care System In India, Suvitas Is Looking To Make A Mark In Post-hospitalisation Healthcare.
The very thought of a hospital instantly brings up painful and unpleasant memories. And if you find yourself in a hospital because of some unfortunate circumstance, you are always counting the days as to when you can get back to the comfort of your home. But going home doesn’t always help in complete recovery. For patients, who are on the path of recovery after serious illness and require minimal medical supervision to get back to normalcy to carry out their daily activities, a transitional care facility is an ideal place to go. A transitional care facility offers the continuation of the healthcare set-up of a hospital in a home-like environment to facilitate complete and faster recovery. Hyderabad-based transitional care provider, SuVitas, has been a pioneer in this space in India.
SuVitas was co-founded in May 2015 by Sateesh Andra, managing director, Endiya Partners, a venture capital and private equity fund; Ramesh Byrapaneni, founder, Medwin Hospitals, and Lieutenant Bipin Chandra Pendyala. While Pendyala quit the organisation, both Andra and Byrapaneni are striving to make patients’ post-hospitalisation phase efficacious.
BRIGHT IDEA
The idea struck Andra when his mother had a knee replacement surgery and found it difficult to return home after a brief stay in the hospital, as she had not completely recovered. They had to make alternate arrangements for her stay at a comfortable place. When he found that a system like the transitional setup does not exist in India, unlike in the US, it led him to start Su- Vitas along with Byrapaneni. Both Byrapaneni and Andra together made an initial investment of ₹6 crore in the company.
Diese Geschichte stammt aus der February 3, 2017-Ausgabe von Outlook Business.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der February 3, 2017-Ausgabe von Outlook Business.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
THE JOY OF ADJUSTING A LITTLE
Partha DeSarkar, executive director and CEO of Hinduja Global Solutions, not only advocates making small adjustments but also taking oneself less seriously to remain happy
MONEY PLANT
Firms are popping up to help people and companies plant saplings. Reasons for this green consciousness range from earning carbon credits to a desire to fight deforestation
AI'S NEW PORN POSITION
Deepfakes and artificial intelligence-generated images have breathed new life into the porn industry. Celebrities have become the latest victims and revenge porn is on the rise
HOUSE OF CARDS
At 8.4%, India’s GDP surpassed the expectations of analysts of almost all dispositions. But are GDP numbers hiding a bleaker story? It is not just the missing private money, there are more devils in the story
'Markets Can See More Price Correction in the Coming Quarters'
Sunil Koul, executive director Asia Pacific portfolio strategy, global macro research) at Goldman Sachs, in an exclusive interview with Ayaan Kartik and Neeraj Thakur, talks about the valuation situation in India and how foreign investors are looking at increasing their bets in the equity markets
MARKETS, RETAIL INVESTORS TANGO TO NEW HIGHS
As more investors enter the markets, the palette of investing style becomes more colourful. Each investor brings in their own biases, impulsive actions and assumptions to the markets.
GREED OVER FUNDAMENTALS: THE INVESTOR'S FOLLY
In her address at the fifth SEBI-NISM research conference on March 12, 2024, Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch expressed her concerns about the valuation froth in the mid- and small-cap space.
WINNING THE GAME OF BULLS AND BEARS
While retail investors rushed to make hay as smalland mid-cap stocks shone at the bourses, institutional investors stayed away, guided by traditional wisdom that warned them against the exuberance in the stock market. The mid-March crash, dominated by the smaller segments, proved their point
DELIRIUM IN THE MARKETS
Market regulator SEBI says there is froth” in the mid-and small-cap stocks; banker Uday Kotak says there is no bubble. Caught in this cross-current are traders in small towns who are betting heavily in risky derivatives. What is next for the turbocharged Indian markets and what of the retail investors rallying behind it?
Dynamic Women Achievers
Discover the vibrant narratives of dynamic women achievers breaking barriers and reshaping the landscape across diverse fields. From trailblazing entrepreneurs to influential thought leaders, this article celebrates the resilience, innovation, and impactful contributions of women who defy norms, inspiring a new era of empowerment and progress.