MyHealthcare launches integrated healthcare financing solution for patients MyHealthFin 

MyHealthFin plans to cater to over 30 million patients across its 130-hospital partner network, spread across Tier I and Tier II cities and towns MyHealthcare, a leading digital health-tech company, launched its healthcare financing vertical – MyHealthFin. To address the pressing issue of affordable healthcare by providing innovative and paperless financing options, MyHealthFin has partnered with leading NBFCs in India. MyHealthFin plans to cater to over 30 million patients across its 130-hospital partner network, spread across Tier I and Tier II cities and towns. MyHealthFin offers data-driven medical loans for patients across all healthcare needs of a patient - hospitalisation, home care, and chronic care management. Further, to make it a seamless aid for patients, MyHealthFin is offered as disease-agnostic financing. "At MyHealthcare, we believe that access to quality healthcare is a fundamental right for all,” says Shyatto Raha, Founder and CEO, MyHealthcare. “In India, where medical inflation outpaces the cost of health insurance premiums and patients do not have adequate health insurance coverage, addressing the issue of affordability and access to quality care is paramount. Through strategic partnerships with leading NBFCs, MyHealthFin endeavours to provide quick, innovative, and paperless healthcare financing to patients, making quality healthcare more accessible to all. Our commitment is to ensure MyHealthFin helps mitigate the financial constraints for patients and supports our hospital partners in delivering the best standard of care, focussing on better healthcare outcomes for patients.”   MyHealthFin’s integration with the MyHealthcare Ecosystem, ensures a unified experience for patients and healthcare providers in managing healthcare delivery. Patients coming into hospitals can avail of medical loans for all their ailments across hospitalisation, homecare, or day-care. The loan processing is a completely digital, paperless process, with loan eligibility and loan sanction amount being processed in under five minutes. “We started MyHealthcare with a vision to use digital technology to improve the quality of healthcare delivery, make quality healthcare accessible to a larger population, and make healthcare more affordable. Our clinical ecosystem has delivered digitalisation of healthcare delivery, with over 96 per cent of prescriptions being processed through our EMR, clinicians can use the MyHealthcare data-driven care pathways to help deliver effective care plans to their patients and with MyHealthFin, we will be able to ensure that patients who could not afford healthcare due to high upfront costs can get access to the best care they need through affordable, easy EMI medical loans” added Shyatto. “MyHealthFin has been designed as a product that will help patients with timely healthcare intervention, without complex processing of documentation, etc. The product helps create a valuable proposition for both stakeholders – the patient and the hospital. The swift, seamless, paperless access to medical loan coverage, spanning outpatient to inpatient services helps reduce patient drop off and allows healthcare providers to deliver effective care to their patients,” said Srishti Singh, Head of Marketing, MyHealthcare.