HCAH eyes more cities by end-2017

 With an aim to ensure quality home healthcare services for people at affordable rates, Noida-based HealthCare at Home (HCAH), is all set to expand its footprint in all metros and cities such as Bengaluru, Chandigarh, Hyderabad, Jaipur and Pune, by the end of 2017.

Currently, the company is operating with a team of 500 paramedics in 13 cities in the B2B segment, six cities in the B2C segment including Punjab, Mumbai, Jaipur, Bengaluru, and Hyderabad, which will soon witness its presence and 12 cities in the pharmacy segment.

Speaking to DH, Vivek Srivastava, CEO and co-founder of HCAH, said, “To meet expansion requirements, we will be hiring around 2,000 personnel by the end of the year. Our aim is to clock an annual revenue run rate of Rs 3 crore by the end of fiscal 2018, and increase it to annual revenue of Rs 20 crore by the end of fiscal 2020 from each city.”

“We have already tied up with two hospitals in Bengaluru, and are receiving good traction” he said.

Currently, it offers a wide range of medical and clinical services such as setting up an ICU at home, home oncology services, routine procedures like injection administration to home chemotherapy, maternity services pre- and post-natal under its B2C segment, and dissemination of new drug information, training patients to self-inject medicines, distribution of specialised pharmacy products to patients, diagnostic services under its B2B category.

The company — which recently tied up with Critinext, Asia’s largest e-ICU network — is open to tie up with enterprises to expand its bouquet of services and improve their quality. So far HCAH has assembled 300 ICU setups spanning over 1,000 days of patients’ home and conducted more than 3,000 oncology procedures including chemotherapy at home. Started with a corpus of Rs 200 crore, the company is set to achieve break even over a couple of years.