As users often lose their crucial prescriptions and medical reports, they face difficulty in managing and tracking their family’s medical records. Doctors face trouble in handling their patients without complete information of their medical history. These are very few of the many problems that make healthcare a difficult experience.
The firm, MedCords is set out to solve the healthcare problems for India, and so, it was born. The company interconnects the most important stakeholders of the healthcare segment – Patients, Doctors, Pharmacies and Laboratories for smooth access and sharing of medical data, removing the hassle of storing and maintaining hard copies of medical data. The firm is making healthcare accessible, affordable and efficient for all by leveraging data-science and is becoming a ‘real-time’ healthcare decision-making tool for citizens, organizations and state governments. It generates insights for patients and doctors. Also, it is moving towards preventive healthcare by taking data-driven decision . Medcords with its unique asset lite operational model has already reached a million users from.2500+villages.
About the Trailblazers
Nikhil Baheti, Saida Dhanavath, and Shreyans Mehta are the Co-founders of the company. They are well-equipped with a perfect blend of ‘Local markets connect’ and ‘Expertise in Product & Technology’.
Shreyans Mehta has completed his graduation in engineering from MIT Manipal. He has previously worked with HeroMotoCorp & IndiaReads.com. He looks aftermarket execution and strategy.
Nikhil Baheti has completed BE (Hons.) CS, BITS Pilani. Previously, he has given his fruitful contribution to Oracle & Druva. He sees over the product vision, strategizing product-market fit and technology.
Saida Dhanavath has done his M.Tech. CS, IIT Bombay. Previously, he was also working with Druva. He is the Chief Server Architect and looks after the entire cloud architecture and server designing, security, and privacy, product development.
Shreyans and Nikhil were childhood friends, who extensively discussed their own experiences in inefficient healthcare services and its skewed access. While Shreyans comes from a family of doctors, Nikhil stayed adjacent to the biggest hospital in the city – seeing patients’ plight every day. Nikhil discussed this with Saida and he too agreed to have bad experiences in healthcare services in Telangana. Over a period of time, the conviction to solve this problem became stronger. Finally, they started executing by building a basic version and providing the needful and kept evolving along the way.
Start of Something Big
In 2014, Shreyans’s Father was diagnosed with a major slip disc problem. At that time, most of the patients who came for consultation were from rural areas. Acknowledging the overall scenario, all the co-founders thought of embracing technology at its best with an ultimate aim to help the patients of rural areas. There came the Eureka Moment that ‘why not to scale it up and start working on the solution for it’. After that, they started focusing on making a process based on technology. Their distinctive research and extensive travel in rural areas have enabled them to pinpoint major challenges in healthcare and this led to the foundation of MedCords.
One-Stop Platform of all Healthcare Problems
The founders of the company wanted a company which acts as a single point destination for any healthcare query by a people (mostly rural). They wanted to be the first POC for their health-related needs. The one thing that sets MedCords apart from other competitors is a very strong focus on Bottom-of-Pyramid users where the need of healthcare is much more and there are not many options for them. MedCords recently were the Winners of Startup India whatsapp Grand challenge . MedCords have been awarded Best Healthcare Solution for its initiative in Kota smart city by urban development minister, the government of India. It is a recipient of the prestigious Bhamashah Techno Fund by the government of Rajasthan. It has been recognized among the Tech 30 Companies by YourStory.
In-House Technology!
The ecosystem has been designed to cater to every citizen who has a mobile device. People without smartphones: They avail all the services through local pharmacies ( Sehat Sathi) who use “MedCords for Pharmacy App” where they get their health profile digitized and can also take consultations. It also has a AAYU app where inpatients can view records and tag doctors whom they want to share their records. This is less than 4 MB app and it works in low network areas. It is also working on a full-featured DIY app which will be for users who can operate it easily.
For Doctors and Hospitals, it has web application wherein they can see intelligently-organized historical information of one’s health profile and the patient can simply walk in with the clinic paperless. The doctor needs to be given access by the patients from their mobile devices.
Its Data Science Platform securely organizes the medical data of every patient and streamlines medical information about the patient to help the doctor efficiently understand and tremendously reduce misdiagnosis.
What Lies Ahead
Progressing forward with the positive approach, the company is planning to expand across Rajasthan and expecting to have more than 2.5 million users on MedCords by end of 2019. It is also making its data science platform robust to determine disease-symptom relationships, identification of health risk pattern in families. And, the best part is, it is also leveraging ML and AI to make doctor’s prescription-writing experience simpler.
Wise words for Budding Entrepreneurs
Co-founders of the company advice to budding entrepreneurs that always be focused and ground. Always help others. Further, he added, “There is and will always be future for new ideas, innovations in the ever-changing world.”
MedCords: Building the Most Trusted Healthcare Platform for Bharat
