Vicenna HealthCloud, a Lahore based startup provides a hospital management system to health clinics in order to digitalize the tasks.
Vicenna, a Lahore-based organization that provides emergency clinics hospital management system to digitize their tasks, from everyday procedures like arrangements to keeping up electronic records. Essentially a 360-degree arrangement that cuts across capacities, be it monetary, regulatory, clinical, and so on. Also, as of late, they have included a telehealth module as well, which permits clinical establishments to empower online counsels, issue solutions, etc.
The startup was established in December 2016 by Salman Akhtar and Kewan Khawaja — two graduated class of the Massachusetts Institute of Technology and working in tech for more than 20 years.
“We were drawn nearer by a current customer from Peshawar, Rahman Medical College, to construct software for their clinic side. Be that as it may, since this wasn’t our subject matter, we exhorted them to go for some neighborhood or worldwide organization and had a go at helping discover one. During that stage, we understood how costly the US-based items were and how there is a noteworthy chance and chosen to take a shot at Vicenna,” Akhtar says.
It brings in cash by charging a one-time usage expense in addition to the yearly membership which thus depends on layered per-medical clinic affirmation valuing. Concerning the assets, they began with putting one million dollars of their own yet a couple of months back raised a series of $250,000 from for the most part blessed messengers, as Akhtar says outer subsidizing is very helpful to approve the model.
Working in the platform-as-a-service (PaaS) space, Vicenna is presented to the nearby players as well as the universal ones which carry us to the inquiry, how serious is the business? To start with, there are household tech organizations offering tweaked arrangements in addition to there is Shaukat Khanum’s entryway, which is broadly utilized. And afterward clearly, an entire universe past Pakistan, including monsters like Epic, Cerner, and a lot more unicorns in the only us.
So what makes it all around situated to snatch a portion of this market? “Locally, there are two kinds of players. Initially, take Shaukat Khanum which has an extremely mature item, that was customized for them, and not for more extensive utilization. At that point, there are little tech organizations – for instance, Business Brain System in Karachi – taking into account an alternate section out and out, which I don’t believe is our opposition. In the event that you move to the US-based arrangements, they are exorbitant. For instance, Epic’s usage can be over even $300 million so it’s well far off for even the greatest emergency clinics in the nation,” says Akhtar.
“Then again, our foundation isn’t worked for a specific establishment and is reasonable for all sizes – from a four doctors facility to a 600-bed emergency clinic – without costing a fortune,” he includes.
That is only the hospital management module of it, what about telehealth – a wonder that has picked pace since the coronavirus flare-up prompting various new companies in the business thinking of this contribution? Could the more up to date players working as a rule on a Uberised model – and accordingly with more noteworthy adaptability – represent any test in such manner?
“Above all else, Pakistan was only our testing ground and not the essential core interest. And still, after all that, there are more than 1,500 private emergency clinics here. In any case, all things considered, we need Vicenna to be a genuinely worldwide item, and are especially sharp about extending in the developing world where this can be a less expensive, mid-advertise arrangement contrasted with the Tier-1 choices that typically have a sticker price upwards of $10m,” the CEO says.