Practo today announced the deal to acquire Insta Health Solutions, a provider of cloud based hospital information management solution (HIMS) for $12 million.
In addition to India, Insta Health Solutions has presence in 14 countries in South East Asia, Middle East and Africa.
Insta’s key customers are Cloudnine, Deepam Hospitals, MyDentist in India, DaVita in India and Malaysia, Skyline Hospital in Manila, NMC Group of hospitals in UAE, Karen Hospital in Kenya and many more.
The acquisition will provide an option to hospitals using Insta’s product to integrate with Practo’s platform and provide better healthcare experience to patients by enabling them to search and find information about doctor availability across hospital and departments.
Ramesh Emani, founder and CEO of Insta Health ,will continue to head the company post acquisition. Prior to founding Insta about seven years back, he served in various capacities at Wipro including CTO of Wipro Technologies. His last position in Wipro was as President of Telecom and Product Engineering solutions.
The acquisition will accelerate Practo’s Partner Program that is designed to enable HIMS providers to integrate with Practo’s platform.
“This is the third of several acquisitions we’ve been evaluating as we continue our mission to help simplify and digitize healthcare around the world and make Practo your health app,” Shashank ND, founder and CEO of Practo.
Image caption: Shashank ND, founder and CEO, Practo with Ramesh Emani, founder and CEO of Insta Health
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