YOGIN TECHNOLOGIES PRIVATE LIMITED

In their own words

We are next gen technology firm in healthcare analytics and blockchain with potential market size being $8.7 Billion dollars. We provide optimization modules for hospitals to save on cost through process optimization. Our healthcare eco-system consists of remote consultation modules, management system for hospitals and clinics as base and our independent modules of analytics like Optimization, Coronary heart Disease prediction, pharma cognitive intelligence, shelf life analytics, readmission index. We require around INR 1 Cr to roll out these products, to cover operational costs and market these products. Our USP lies in cost optimization component, embedded analytics in our management systems which can be inclusive or exclusive as all components are modular. Secondly, our revenue model is completely based on usage and subscriptions. We do not charge anything to Hospitals or doctors. There is a per patient charge model. Above and beyond these models, the entire system is on cloud. It can be rolled out very quickly. We also provide services to onboard old data from the hospital and/or access read only data depending on the use case for our analytics modules. As the focus on EMR/EHR grows, it is difficult to manage the volume of data and security of data. All healthcare analytics firms have thrived in the market because of the requirement. We also plan to roll blockchain in healthcare for HIX. The question is not sustainability but growth. Our optimization module can work in multiple industry sectors as a platform. The business is scalable as what we have developed is a platform. These are plug ‘n’ play modules with seamless connectivity to the data where it is deployed. Some restructuring is indeed required for data to be analyzed, but can be ported to our system from any database. What is the Revenue Model of Innovation? Our revenue model is flexible which can be used for monthly subscription and also through per patient model. Subscription rates are competitive to market rates and legacy data onboarding is charged extra.

Written by the company on its public Startup India profile. Not verified by us.