Saturday, Feb 16 2019 | Time 20:38 Hrs(IST)
image
  • Haryana election Dept decides to organise special camps in all polling stations of state
  • Mamata leads candle light march in Kolkata
  • Government determined to root out terrorism, says Rajnath Singh
  • Iran warns Saudi Arabia, UAE of "retaliation" over terrorist acts
  • Iran's IRGC accuses Pakistan for 'sheltering' terrorists
  • The northern region "Kerala Samarakshana Yathra" by LDF gets underway
  • PM to visit Barauni in Bihar on Sunday, to lay foundation stone of Patna Metro Rail
  • Pulwama attack: Parties unite against terrorism; Modi reassures justice, India greases diplomacy wheels to isolate Pak
  • Labhpur TMC MLA rescued by police after a violent mob attacked him in relation to abduction of a daughter of BJP worker
  • Afghanistan: 22 militants killed in airstrikes
  • Nation will avenge killing of its bravehearts says Raghubar after paying tributes to Bijay Soreng
  • Bikramjit Singh late strike stun Aizawl FC
  • Rahul says Cong fulfilled promises to return land to farmers, tribals in Chhattisgarh
  • POCSO court refuses to issue directive on petition against Nitish
  • Mob torch police post, vehicles in Karimganj, one hurt in police firing
States » South Share

MyDoc, UST Global form Joint Venture in healthcare

Thiruvananthapuram, Jan 29 (UNI) Singapore-based MyDoc, Asia’s most established value-based digital managed care platform, has formed a Joint Venture (JV) with UST Global to cut health costs for millions of working professionals in India.
This partnership is the first of its kind in India, it will leverage technology to simplify how healthcare delivery is organised, measured and reimbursed.
Starting with over 14,000 employees at UST Global centres throughout India, the new company will tackle employee health and take aim at the prevalence of people living with lifestyle-related chronic diseases and the rising cost of care in India.
The JV increases access to healthcare, optimise healthcare costs, and improve quality and coverage of medical treatment in India.
The unique partnership combines MyDoc’s best practices, battle tested in one of the world’s most advanced healthcare systems, with one of India’s largest technology solutions provider to deliver healthcare services at scale to the Indian public.
“The traditional healthcare market in India is led by hospital based groups and prices in the sector have increased beyond reach for the middle class. The average annual increase in healthcare premiums borne by employers have been growing by as much as 50 percent since 2005 - with premium ratios rising over 110 percent,” said Dr. Snehal Patel, CEO and Co-Founder of MyDoc.
“Companies face mounting costs threatening to hurt corporate profits and employee well-being. We must shift away from a supply-driven health care system organized around what clinicians do, toward a patient-centric system organized around individual patient needs,“ he said.
MyDoc starts every patient on a personal care pathway that ensures each patient receives the right care at the right time.
It does so by identifying individual patient health profiles through an integration of objective clinical lab test results and subjective health data from both lifestyle and clinical-grade wearables, as well as the language patients use when describing their symptoms and case notes from attending clinical care teams.
Using technology-enabled clinical decision support tools within a patient-centric clinical triage tailored to individual patients, physicians will deliver prognoses and treat patients with greater accuracy and confidence while being freed from administrative tasks and silos.
The MyDoc-UST Global JV has established direct partnerships with healthcare providers, pharmaceutical companies, and diagnostic laboratories to launch the MyDoc value-based digital managed care model in Bangalore.
The company will deliver healthcare services to employees of banking and technology multinational corporations (MNCs).
“Healthcare delivery has undergone a major transformation in the last decade with the incorporation of digital technologies, data-science, and artificial intelligence capabilities,” said UST Global’s CEO Sajan Pillai.
“Through this joint venture, UST Global and MyDoc will deliver patient-centric care through personalized digital interventions, disease awareness, and home-based care. The platform will improve the outcome for chronic illness through improved access to care and better care coordination,” he said.
In Singapore, Hong Kong and Malaysia, MyDoc has established successful and ongoing implementations with the largest insurers and Fortune 500 companies including AIA, Aetna and Cigna.
The company is in the advanced stages of discussions with other players and will be rolling out new solutions across the region.
In September 2017, UST Global made a strategic investment in MyDoc to expand its digital offerings in healthcare.
The investment funded MyDoc’s ongoing initiative to drive population-wide digital health programmes, including disease management and health data tracking.
UNI DS JAL 1924
More News

The northern region "Kerala Samarakshana Yathra" by LDF gets underway

16 Feb 2019 | 8:24 PM

Kasaragod, Feb 16 (UNI) The northern region Kerala Samarakshana Yathra (Kerala Protection March), under the aegis of the ruling Left Democratic Front (LDF), got underway here on Saturday.

 Sharesee more..

Foolproof arrangements for Intermediate exams: Joint Collector

16 Feb 2019 | 8:07 PM

Kakinada, Feb 16 (UNI) Joint Collector -2 Ch Sattibabu on Saturday asked the officials to make foolproof arrangements for conducting the intermediate public examinations scheduled to be held from February 27 to March 18.

 Sharesee more..

Chittoor district has been developing in all fronts, says Min Amaranatha Reddy

16 Feb 2019 | 7:58 PM

Chittoor, Feb 16 (UNI) Chittoor district is the one and only district in the residuary state where the development is in fast pace in all fronts including disbursing pensions, finance help to woman groups,
loan waiver to farmers, roads development, irrigation water supply etc, said Industries Minister N Amaranatha Reddy after inaugurating ZP meeting hall in Chittoor which was constructed at an outlay of Rs 4.

 Sharesee more..

Tributes paid to Martyrs CRPF jawans

16 Feb 2019 | 7:37 PM

Puducherry,Feb 16 (UNI) Rich tributes were paid on Saturday evening to Martyrs CRPF jawans who lost their lives in the Pulwama terror attack in Jammu and Kashmir on Thursday.

 Sharesee more..

Lok Sabha Election : Cong will have an edge in Rahul Gandhi Vs Modi tussle : Uttam

16 Feb 2019 | 7:30 PM

Hyderabad, Feb 16 (UNI) Telangana Pradesh Congress Committee (TPCC) President Capt N Uttam Kumar Reddy claimed that the Congress party would have a clear edge on others in the next Lok Sabha election as it will be fought primarily between Congress President Rahul Gandhi and Prime Minister Narendra Modi.

 Sharesee more..
image