Home Healthcare addresses some key challenges faced by hospitals. It requires 90% lesser capex investment compared to hospitals along with timeframe advantage of 33% breakeven. Moreover, Home Healthcare’s go to market time from concept of hospitals is about 8% with an optimal resource allocation i.e. majority of patient requirements can be met by nurses.
Long term healthcare costs are reduced to 10% as compared to hospitals. Clinical safety speeds up patient recovery due to almost zero cross infections and lower re-admission rates. The advantages viewed from the patients’ side are –
Value add through creation
The entire ecosystem at Home Healthcare aims to add value not only through recommendation fee as a percentage of revenue, but also by creating more business, improving customer experience and enhancing brand image.