Healthspring plans to set up 150 clinics across India

Healthspring Community Medical centres, a chain of primary healthcare clinics, is set to increase its presence across the country by opening 150 centres.

The company has investments from Catamaran Ventures, BlueCross BlueShield Venture Partner and Reliance Venture Asset Management.

At present, the company runs 16 centres in Mumbai along with one in Pune. In addition, they will be launching 12 – 15 centres by end of the year in Pune along with another 15 centres in Mumbai.

In addition to clinics in Pune and Mumbai, the company will also expand to Nashik and Kolhapur in Maharashtra and will have its presence across all metros by virtue of over 150 centres across India.

“We believe that the Indian patient today is looking for a more substantial and honest offering and Healthspring has been conceptualized to meet these needs, with the aim of transforming healthcare delivery in India. Healthspring hopes to improve health outcomes across all levels of care and make healthcare better and more affordable for all. Our plan is to open more centres nationally in the near future,” Kaushik Sen, co-founder and CEO, Healthspring said.

Healthspring raised its first round of funding worth Rs 20 crore in 2011 from Narayana Murthy’s personal investment fund Catamaran Ventures, BlueCross BlueShield Venture Partners and Reliance Venture Asset Management. In June 2013 again the company raised about 20 crore from Asian Healthcare Fund (AHF)  in addition to its promoters and existing institutional investors. The company also provides customized health solution to around 100 corporate clients. With its corporate and retail setup the company currently caters to about two lakh users.

Sen added, "Healthspring aims to provide a one-stop shop for patients with expert doctor consultations, diagnostics and routine minor procedures and chronic disease management. Our patient-first approach translates into great customer experience, though, among others, respect for the patients’ time, being there for the patient in their time of highest need, as well as the use of modern technology such as electronic medical records.” 

The company has catered to over 1000 medical emergency cases in the last four years in Mumbai.