Healthtech Platform Mfine Lays Off Over 50% Of Its Workforce


The firm is also working on adding scientific determination support for docs using AI and bringing vitals monitoring and health management to consumers’ smartphones. Since its inception, over three million users have used MFine services with the platform clocking over three lakh monthly transactions that embody doctor consultations, diagnostic exams, e-pharmacy and in-patient procedures. Mfine is an on-demand healthcare service that gives its customers access to virtual consultations and connected care programmes from the completely different hospitals, in the nation. To make this potential, the company has partnered with leading and trusted hospitals as an alternative of aggregating particular person doctors. Users can consult medical doctors from their most well-liked hospitals by way of chat or video to get prescriptions or routine care.

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We see a huge demand from consumers looking for an built-in care experience and MFine has built the proper platform to ship that experience,” mentioned Hero Choudhary, managing partner, BEENEXT. The four-year old startup is an on-demand healthcare platform which supplies customers access to digital consultations with medical doctors by way of chat or video formats. The app additionally allows customers to book routine lab tests, medication supply and entry complete well being packages.

Since its inception in 2017, MFine claims that over 3 million users have used its services with the platform clocking over 300,000 monthly transactions that embody physician consultations, diagnostic exams, e-pharmacy and in-patient procedures. Currently, over one hundred,000 customers use MFine for reserving diagnostic exams every month, the company said. About 6,000 medical doctors, from over 700 hospitals follow across 35 specialties on MFine’s platform. The firm mentioned it is rising at 15 per cent month-on-month, amidst exponential adoption of telemedicine and digital well being in India because the onset of the Covid-19 pandemic. Earlier this year, MFine had launched an app-based SPO2 monitoring tool to enable customers to maintain observe of their oxygen saturation ranges without having an additional system.

Since its inception, over 3 million customers have used MFine providers with the platform clocking over 300,000 monthly transactions that embrace doctor consultations, diagnostic checks, e-pharmacy and in-patient procedures. In October 2018, MFine added one other layer to its digital physician consultations by integrating with laboratory and diagnostic providers and presently provides its users entry to greater than seven-hundred diagnostic centres throughout four hundred cities in India. More than 6000 doctors, together with some of India’s prime medical doctors from over 700 reputed hospitals apply across 35 specialties on MFine and serve hundreds of thousands in more than 1000 towns throughout India. The new spherical of funding might be utilized by the company to broaden its hospital, diagnostics and e-pharmacy network across the country and to construct tech-driven care delivery products for patients with each acute and chronic situations.

The company has over 500 corporates partnering with its platform as part of the subscription product, which covers over 500,000 staff, at current. The company had raised $16 million as a half of a venture round led by Heritas Capital earlier this year. is the trusted platform for news and insights associated to hr, training, management, future of labor, jobs, careers, career transitions. In the coming months, MFine might be extending the device to measure coronary heart rate and blood stress, the assertion said. When it involves addressing the shortage of healthcare workers, Natural language processing is type of …



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