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MyHealthcare Launches MyHealthFin To Address Issue Of Affordable Healthcare

MyHealthFin ensures medical loans are made available through the partner NBFC ecosystem, with low-cost or zero-cost EMIs over 12 to 16 months

MyHealthcare Launches MyHealthFin To Address Issue Of Affordable Healthcare

Outlook Start-Up Desk

POSTED ON November 23, 2023 12:25 PM

MyHealthcare, a digital health-tech company, today launched its healthcare financing vertical –MyHealthFin. The company said that the move will address the issue of affordable healthcare by providing innovative and paperless financing options. 

The company claimed in its statement that it has partnered with leading NBFCs in India. It plans to cater to over 30 million patients across its 130-hospital partner network, spread across Tier 1 and Tier 2 cities and towns. 

"At MyHealthcare, we believe that access to quality healthcare is a fundamental right for all,” says Shyatto Raha, founder and CEO of MyHealthcare. “In India, where medical inflation outpaces the cost of health insurance premiums and patients do not have adequate health insurance coverage, addressing the issue of affordability and access to quality care is paramount. Through strategic partnerships with leading NBFCs, MyHealthFin endeavours to provide quick, innovative, and paperless healthcare financing to patients, making quality healthcare more accessible to all. Our commitment is to ensure MyHealthFin helps mitigate the financial constraints for patients and supports our hospital partners in delivering the best standard of care, focussing on better healthcare outcomes for patients.”   

MyHealthFin offers data-driven medical loans for patients across all healthcare needs of a patient - hospitalisation, home care, and chronic care management. Further, to make it a seamless aid for patients, MyHealthFin is offered as disease-agnostic financing, the statement added. 

MyHealthFin is seamlessly integrated into the MyHealthcare ecosystem, providing a unified experience for both patients and healthcare providers in handling healthcare services. Patients visiting hospitals can easily access medical loans for various healthcare needs, whether it's for hospitalization, home care, or daycare. The loan application process is entirely digital and paperless, with eligibility and approval taking less than 5 minutes, it added.   

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