Today is another milestone in our journey to become a platform which simplifies healthcare by providing end to end solutions for the entire ecosystem.
The healthcare industry is undergoing rapid changes, and we want to keep bringing in intelligent technology to utilize previously untapped areas to improve the quality of care that is offered, while at the same time deriving new business solutions.
We are seeing a phenomenal adoption of our products and services and we want to continue strengthening our industry leading portfolio in the healthcare enterprise segment and augment existing solutions that includes appointment management with Qikwell and a full stack HIMS solution with Insta. We have therefore acquired Enlightiks- an established provider of an advanced analytics platform to offer business intelligence and predictive analysis solutions to healthcare enterprises. The partnership will further our cause to provide a superior healthcare experience globally.
I strongly believe that business intelligence and predictive analysis is pertinent for businesses today. Business intelligence with insight generating tools can help healthcare enterprises derive insights and run their businesses more efficiently. I am happy to say that this will help us to continue improving healthcare access and delivery.
Enlightiks’ primary offering is called Querent, which is a business intelligence and predictive analytics platform providing actionable insights using complex mathematical, statistical, computational and cognitive models. This enables CXOs, optimize their business in real time from day one. The platform can provide accurate predictions for key business metrics and help enterprises take actions proactively that can help make a positive impact on business decisions in the short to medium term. Therefore, this can aid healthcare enterprises in cost optimization, targeted marketing, risk stratification, inventory management, reducing readmissions etc.
The platform also has an ability to read both structured and unstructured information and apply advanced machine learning and deep learning techniques to uncover hidden insights. It uses Natural Language Generation (NLG) technology to provide automated insights to the business user by analysing large volumes of information residing inside Hospital Information System (HIS) and other transactional systems. The platform also allows visual interpretation of information and generate useful insights for healthcare enterprises across various departments including operations, finance, quality, pricing, marketing, customer management and risk assessment.
Today, more than 200 healthcare centers including hospitals and clinics across the nation have already deployed this platform. Some of the prestigious customers of Enlightiks include – Apollo Sugar Clinics Ltd, Kokilaben Dhirubhai Ambani Hospital, Inamdar Multispecialty Hospital, Fernandez Hospitals Pvt Ltd, Eye-Q Vision Pvt Ltd, Sparsh Sandor Nephrocare Services Pvt Ltd, Ramesh Hospitals to name a few.
I am thrilled to mention that with Querent, we will be able to help CXOs make their enterprises run more efficiently which should improve the overall quality of health care while making it more affordable.
The entire team of 50 people from the Enlightiks will join Practo and will form the Analytics Business Unit within Practo which will be headed by Vamsi Chandra Kasivajjala, Co-Founder & CEO, Enlightiks. I am very pleased to welcome Vamsi and the Enlightiks team to Practo
This is an important step for us in our mission to make Practo the single healthcare destination. We’ll continue our relentless march to transform the healthcare experience for billions of consumers around the world and help people live healthier, longer lives.