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Our Bureau Bengaluru-based Nightingales Home Health Services plans to expand rapidly, as demand for post-hospitalisation care is on the rise.
It aims to establish a home healthcare delivery network in 10 metro clusters and increase its subscriber base to over 500,000 families by 2020, said Vishal Bali, co-founder and Chairman, Medwell Ventures, which acquired Nightingales Homes in 2014.
The home healthcare services market is expected to hit $6-6.5 billion by 2020 from the present $2-2.5 billion, he told reporters here on Thursday.
Bali was here to announce Nightingales’ foray into Chennai — the fifth city after Bengaluru, Mumbai, Pune and Hyderabad. The next destination will be NCR, he said.
In Chennai, its first branch has come up in Adyar with a multi-disciplinary team consisting of doctors, nurses, physiotherapists, respiratory therapists and wound care therapists. The branch has started with 25 people. Four more branches will be set up in 12-18 months, Bali said.
“We are not changing the hospitalisation process, but providing continuity of hospital services at home,” he added.
Bali said non-communicable diseases account for 40 per cent of all hospital stays and 35 per cent of out-patient visits.
Narasimha Jayakumar, CEO, Nightingales, said Tamil Nadu has the highest death rate due to lifestyle diseases such as diabetes and kidney disease.
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