Physician Anyplace acquires healthcare agency, raises US$38.8M | League Tech

about Physician Anyplace acquires healthcare agency, raises US$38.8M will cowl the newest and most present counsel roughly talking the world. learn slowly thus you comprehend properly and appropriately. will bump your data expertly and reliably

Native healthcare tech startup Physician Anyplace introduced in the present day (21 December) that it has acquired Asian Healthcare Specialists, an built-in healthcare supplier in Singapore, which is listed on Catalist.

Asian Healthcare Specialists is a bunch of 14 medical specialists, with a patient-centered method and a imaginative and prescient to make specialty care accessible to all.

Its 12 specialty clinics in multidisciplinary specialties embrace orthopedics, ophthalmology, dermatology, urology, gastroenterology, ENT, anesthesia, household medication and rehabilitation, all areas that complement Physician Anyplace’s regional healthcare companies.

Based on Physician Anyplace, this acquisition is a strategic step to additional its long-term progress ambitions, enabling it to supply extra holistic healthcare and meet the rising demand for complicated and specialised remedies throughout Southeast Asia.

“Our aim at Physician Anyplace is to construct a digital healthcare ecosystem to allow higher affected person outcomes and assist form the way forward for healthcare in Southeast Asia. As shoppers throughout the area search increased high quality and extra personalised care, the acquisition of Asian Healthcare Specialists strengthens our capabilities past our profitable main care companies, permitting us to supply extra built-in and holistic care and the next worth for our customers,” stated Lim Wai Mun. , founder and CEO of Physician Anyplace.

“We proceed to pursue synergistic alternatives and focused acquisitions of important healthcare property throughout the area, which is able to permit us to advance the work we have now begun in constructing a regional healthcare ecosystem that leverages know-how and innovation. A extra diversified and holistic vary of built-in healthcare service choices will allow Physician Anyplace to ship higher worth and influence to raise healthcare outcomes within the area.

Safe extra funds

Picture Credit score: Physician Anyplace

As well as, Physician Anyplace additionally introduced a US$38.8 million Sequence C1 spherical of financing, led by Novo Holdings, a number one worldwide investor in life sciences. Different current shareholders additionally participated within the spherical, together with Asia Companions, Kamet Capital, Sq. Peg, IHH Healthcare, EDBI and OSK-SBI Enterprise Companions.

The funding might be used to speed up progress and partly fund the acquisition of Asian Healthcare Specialists, and brings the full capital raised by Physician Anyplace to just about US$140 million.

This newest financing comes simply over a yr after the corporate raised a $65.7 million Sequence C in August 2021, which is without doubt one of the largest non-public financing rounds ever raised by a know-how firm. well being in Southeast Asia.

“Physician Anyplace has proven an distinctive observe document since its inception and in the present day has firmly established itself as a regional chief in healthcare, efficiently integrating seamless on-line and offline approaches to ship simply accessible healthcare. and reasonably priced to tens of millions throughout Southeast Asia,” he stated. Dr. Amit Kakar, Senior Companion, Head of Novo Holdings Fairness Asia.

“We’re assured within the progress of Physician Anyplace because it builds a regional ecosystem to take affected person care to the following stage, consistent with its imaginative and prescient to turn out to be the main technology-enabled omnichannel healthcare supplier in Southeast Asia,” he added. .

Featured Picture Credit score: Physician Anyplace


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