Practo acquires Insta Health for $12 million

Practo, the healthcare platform, announced the acquisition of Insta Health Solutions – a provider of cloud based hospital information management solution (HIMS) that powers hospitals across 15 countries in India, South East Asia, Middle East and Africa. Some of 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. [caption id=“attachment_2408946” align=“alignleft” width=“380”]  Representational image. IBNLive[/caption] 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. Prior to founding Insta about 7 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 provide an option to hospitals using Insta’s product to integrate with Practo’s platform and enable patients to search and easily find information about doctor availability across hospital and departments, instant bookings as well as no wait times or queues once they reach the hospital for their appointment. Patients will also be able to access all their health records post their discharge on Practo either on the web or on the mobile app. Insta is used by both standalone and chain of clinics, hospitals and diagnostic labs for automating their clinical, operational and financial processes such as scheduling, registration, out-patient and in- patient management, billing, electronic medical records (EMR), ward and bed management, diagnostics, advanced insurance and lab equipment integration, operation theatre, pharmacy and inventory management, specialty modules like dental, dialysis, IVF, Pediatrics, etc. The acquisition will also help accelerate Practo’s Partner Program that is designed to enable HIMS providers around the world to integrate with it. Insta was one such partner to come onboard on this program.