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Acquisition · Healthcare & Life Sciences

Health Care at Home acquires Health Impetus

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Health Care at Home logo
Date
Company
Health Care at Home
What it does
Provides home healthcare and medical services
Kind
Acquisition
Based in
New Delhi
Sector
Healthcare & Life Sciences

What they do

Health Care at Home offers medical and clinical services at patients' homes, including intensive care units [special hospital units for critically ill…

What happened

The company acquired Health Impetus for an undisclosed amount to expand its service offerings for pharmaceutical companies and patients

Why it matters

The integration will introduce patient care services such as equated monthly installment [payment split into parts over time] schemes for chronic ailments

The details

  • Health Care at Home has acquired Health Impetus Pvt for an undisclosed financial sum.
  • The acquisition adds disease management and patient care services, including Equated Monthly Installment (EMI) [payment split into parts over time] schemes for chronic illnesses.
  • The integration aims to help patients continue treatments for severe conditions like cancer, diabetes, and hepatitis B.
  • Co-founder and CEO Vivek Srivastava stated that the transaction broadens the array of offerings available to drug makers.
  • Health Impetus founder Pankaj Sindhu described the transaction as an organic fit combining clinical strengths within the medical sector.

The bigger picture

  • The merger allows Health Care at Home to serve as a comprehensive solution provider for pharmaceutical firms managing patient treatment journeys.
  • Financial assistance programs like structured payment schemes help patients handle the high costs associated with chronic medications.

About the business

  • Health Care at Home provides 24/7 elder care and patient care services directly at the patient's doorstep.
  • Clinical offerings include setting up home intensive care units, home cardiac care, home oncology, post-surgical care, and pulmonology services.
  • The company deploys certified and registered professionals such as doctors, nurses, physiotherapists, and respiratory therapists.
  • Diagnostic services provided at home include portable X-rays and ECGs utilizing advanced equipment.
  • The platform operates across cities including Delhi, Kolkata, and Mumbai.

The deal

Type
acquisition

Founders

  • Vivek Srivastava, Co-founder and CEO
  • Pankaj Sindhu, Founder of Health Impetus

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