MyHealthcare launches healthcare financing vertical – MyHealthFin

Gurugram: MyHealthcare launched its healthcare financing vertical – MyHealthFin. To address the pressing issue of affordable healthcare by providing innovative and paperless financing options, the start-up has partnered with leading NBFCs in India. The company plans to cater to over 30 million patients across its 130-hospital partner network, spread across tier I-II cities and towns.

The financing vertical offers data-driven medical loans for patients across all healthcare needs of a patient - hospitalisation, home care, and chronic care management. Further, to make it a seamless aid for patients, it is offered as disease-agnostic financing.

Shyatto Raha, Founder & CEO of MyHealthcare, said, “In India, where medical inflation outpaces cost of health insurance premiums and patients do not have adequate health insurance coverage, addressing the issue of affordability and access to quality care is paramount.”

The financing vertical integration with the company’s ecosystem ensures a unified experience for patients and healthcare providers in managing healthcare delivery. Patients coming into hospitals can avail medical loans for all their ailments across hospitalisation, home care, or daycare. The loan processing is a completely digital, paperless process, with loan eligibility and loan sanction amount being processed in under five minutes.

Through its partners, the MyHealthcare Ecosystem is integrated across all health insurance providers, government healthcare schemes and the Ayushman Bharat (PM-Jay) scheme to help process claims settlements for hospitals and patients.