Nightingales Home Health Services announces foray into Chennai, adds 5th city to its network
Chennai, May 10th, 2018: Nightingales Home Health Services, a Medwell Ventures company, which has pioneered the speciality-led home healthcare service delivery, announced its entry into Chennai. After successfully establishing a deep presence in Bengaluru, Mumbai, Pune and Hyderabad markets, Nightingales has established its first branch in the centrally located area of Adyar in Chennai. A multi disciplinary and experienced team will provide comprehensive healthcare services at home including visits by doctors, nurses, physiotherapists, respiratory therapists and wound care therapists. Nightingales has established specialised protocols for management of patients with strokes, COPD, Congestive heart failure, diabetic wounds and musculoskeletal issues at their home.
Nightingaleshas a 22 year history in home health in Bangalore and since its acquisition byMedwell Ventures the company has transformed its services and has been on rapidexpansion across key metros in the country. Mr Vishal Bali, Co-founder& Chairman, Medwell Ventures said, “India is goingthrough a transformation in its healthcare delivery ecosystem and specialityled home healthcare services with a focus on chronic diseases will play a keyrole in this transformation. Heart diseases, COPD, Strokes, Cancers andDiabetes are 60% cause of mortality in the country. Non Communicable Disease’s(NCD’s) scale to become chronic diseases and currently account for 40% of allhospital stays and 35% of OPD visits. Our model of home healthcare through Nightingalesaims to reduce recurrent hospitalisation of patients with chronic diseases bydevising personalised care plans for their management at home. NCD’s andneurohealth issues will cost India $4.58 trillion by 2030 and will cause hugehealth affordability issues. ”.
Nightingalescurrently provides deep coverage through its network of 16 branches acrosscities. Some of its branches also provide on site physiotherapy services inconjuction with home physiotherapy to provide patients with the continnum ofcare. Nightingales sets up operations in Chennai at a time where Tamil Nadu hasthe highest death rate due to lifestyle diseases such as Diabetes and KidneyDisease.
“Chronicdiseases are a key healthcare issue in Chennai with a high re-hospitalisation rate.We are bringing to Chennai our extensive experience of home based careprotocols and a well qualified clinical, paraclinical and professionalmanagement team. Our Adyar branch will cover 3.2-3.5 million people andsubsequent branches will come up in other parts of Chennai. With more than 60%of hospital beds currently present in central Chennai we see posthospitalisation care as an integral offering from Nightingales”, said Mr. NarasimhaJayakumar , CEO, Nightingales.
TheNightingales Home Healthcare business has grown from a single branch inBengaluru in 2014 to 16 branches across 5 cities with a full-time team of over1,000 medical, paramedical, and healthcare professionals. Nightingales providesover 25000 home health services in a month across its spectrum of care plansand currently has more than 500 post stroke patients under its care delivery.Nightingales also provides an innovative home dentistry service for the elderlyand has served thousands of patients across 4 cities.
Commentingon the Chennai launch, Mr. Narasimha Jayakumar, CEO,Nightingales also said, “As a technology-based homehealthcare company we see our services expand to more than 10 cities in Indiawith multiple branches in each city. Our model of home healthcare is highlydifferentiated by its clinical focus and we will continue to expand our portfolioof services based on patient centric needs “
In May 2015,Eight Roads Ventures (Formally known as Fidelity Growth Partners) led $10million in Series A round in Medwell Ventures followed by a series B-round $21mn in 2017 by Mahindra Partners. The company has overall raised about $35million across its seed, series A, and series B rounds.