Practo Acquires Insta Health for $12M

Acquisition will strengthen Practo’s offering to hospitals and brings onboard HIMS expertise across 15 countries

Practo, Asia’s leading healthcare platform, announced the acquisition of Insta Health Solutions – a leading provider of cutting-edge end-to-end, cloud-based hospital information management solution (HIMS) that powers hospitals acrossIndia, as well as 15 countries in Southeast Asia, Middle East andAfrica.

Shashank ND, Founder & CEO, Practo with Ramesh Emani, Founder & CEO,  Insta Health.

Insta will operate as a separate division and will continue to be led by Ramesh Emani, Founder & CEO, Insta Health. Ramesh has over 24 years of experience in building strong software and product teams across various verticals at Wipro Technologies, where he served in various capacities including CTO prior to founding Insta about seven years back.

This acquisition brings to Practo a great product, a fantastic team and an expanded global customer base. The acquisition will provide an option to hospitals using Insta’s product to integrate with Practo’s platform, thus providing a superior healthcare experience to patients by enabling them to easily search about doctor availability across hospital and departments, access to instant bookings and eliminating wait times. Patients will also be able to access all their health records post discharge on Practo either on the web or mobile app.

Insta is used by both stand-alone and chains of clinics, as well as hospitals and diagnostic labs for automating their clinical, operational and financial processes.

The acquisition will help accelerate Practo’s Partner Programme that is designed to enable HIMS providers around the world to integrate with Practo’s platform to provide consumers a seamless healthcare experience no matter which hospital they visit. Insta was one of the first few partners to come onboard on this programme.

“This is the third of several acquisitions we’ve been evaluating as we continue our mission to help simplify and digitise healthcare around the world and make Practo your health app. I am very pleased to welcome Ramesh and the Insta team to Practo. I look forward to working with them to transform the hospital industry globally and provide a great consumer experience by digitising records, removing wait times and queues, simplifying payments and more,” saidShashankND, Founder & CEO, Practo.

“Insta is thrilled to join Practo in our quest to enable digital healthcare worldwide. We both share the same passion, vision and commitment to customers in offering great products. We chose Practo over some other options as we felt that our union can offer superior, comprehensive and integrated solutions for all participants in the healthcare ecosystem across patients, doctors and healthcare providers. Insta will benefit from Practo’s expertise in mobile technology and their geographic and global presence. I look forward to working with Shashank and the Practo team in realising our shared vision of transforming healthcare globally,” said Ramesh.