Business Description:Thousands of stand alone, doctor owned mid sized (50-100 beds) hospitals/nursing homes in this country suffer from various issues of inefficiency that affects profitability, productivity, growth, cash flow and patient experience in these hospitals. The doctor owner is completely stressed out and looking for support to be able to compete in the corporatized healthcare space.
Asian Health Alliance is a country wide alliance of such nursing homes & hospitals primarily located in tier 2 & 3 cities of India as well as periphery of metro cities, aimed at bringing quality and cost effective medical care to the rising Indian middle class, lower middle class and poor population through series of management & financial innovation that each stand alone hospital, otherwise, would find it difficult to afford and acheive. AHA is not a mere management consultant, but will work with the doctor promoter to improve the business and patient experince. AHA will be accountable and responsible for results.
Industry:Healthcare/ Pharma
Founded in:2008
Source of idea:Replicated or modified an idea encountered through previous employment
Significant Competitors:Apollo, Fortis, Global
Company Details :
Company Name:Asian Health Alliance
HeadQuarters:Bangalore
Stage of the company:Several customers or locations
No of Employees (2006):Did not exist
No of Employees (2007):0-5
Office Locations(2006):Did not exist
Office Locations(2007):2-5
No of companies promoted:Yes (2)
Profits (2006):Did not exist
Profits (2007):breakeven
>Partnerships:UBQ technologies, Bangalore for web based hospital management solution.
Synergy Insurance for Insurance/TPA management
Mareech for PR and brand development
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:Fee for management contract and percentage of incremental growth & profitability
Awards & honors:Semifinalist in Piramal Prize Contest 'Democratize Healthcare'
Promoters Details :
Promoters Name(s):Tara Prasad Mohapatra
Age:53
HomeTown:Bangalore
Education:Bachelors
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Vice President at Vacon
Ex-Job Description:N.A.
Favorite Book/Movie:UP YOUR SERVICE
