Medtel Healthcare

Medtel Healthcare, founded in 2016 and based in Bengaluru, India, operates as a digital health company focused on connected care and remote patient monitoring. The company was established by a team of doctors and engineers, including Dr. Lalit Ranjan Manik (CEO), Dr. Timiresh Das, Dr. Soumyakant Das, Ajit Choudhury (CTO), and Siba Prasad Panda (COO). The inspiration for the company came from co-founder Dr. Lalit Manik's firsthand experience with preventable deaths in rural areas due to lack of healthcare access, which shaped the company's mission to make healthcare accessible and affordable through technology.

The firm has a B2B and B2B2C business model, catering to doctors, hospitals, health insurance companies, telemedicine providers, and government organizations. Revenue is generated by charging hospitals for diagnostic kits and a subscription fee from patients for using the platform. The kits range from smaller versions for home use to larger, more comprehensive kits for health camps and home visits. Another revenue stream comes from a partnership model with paramedics, dubbed "Healthpreneurs," who purchase diagnostic kits at a discount and offer at-home testing services, sharing the revenue with Medtel.

Medtel's core offering is a connected care ecosystem that integrates IoT-enabled medical devices with a proprietary SaaS platform, including a mobile app for patients and a web-based dashboard for providers. This platform allows for the real-time remote monitoring of patients with chronic conditions like diabetes, hypertension, and cardiovascular diseases, as well as providing solutions for pregnancy care and oncology. The system uses connected devices such as digital blood pressure monitors, glucometers, pulse oximeters, and portable ECGs to capture patient data, which is then analyzed to provide actionable insights and alerts to healthcare providers. This facilitates timely interventions, personalized care plans, and improved patient engagement. The company has expanded its services internationally to Singapore, Indonesia, Africa, and North America.

Keywords: remote patient monitoring, connected care, digital health, telehealth, IoT medical devices, chronic disease management, telemedicine platform, healthcare technology, patient engagement, B2B healthcare solutions, health-tech India, population health management, home healthcare, digital therapeutics, clinical decision support, virtual care, healthcare data analytics, medical device integration, mobile health (mHealth), preventative healthcare