Hyderabad: Vera Clinics, the Hyderabad-based Vera Smart Healthcare arm, on Tuesday announced it has signed agreements with various medical institutes in the state of Telangana to set up health access points at these medical institutes, that include smart clinics, mobile units, door to door, smart health transport and multi and super speciality hospitals access.
The collaborative model will introduce the latest and leading-edge technology into healthcare – from digitizing the health with AI-powered Virtual Smart healthcare tools, backed by Mobile Wellness Hospital services in these medical institutes, the company said in a release here.
Vera Smart Healthcare is India’s largest B2B healthcare integrated AI, a Mobility health system that collaborates with Indian healthcare companies and Central / State Governments in transforming healthcare scenarios in India.
The Company was the first and the only company to run massive mobile units covering 85 districts and 2400 towns and 2 million-plus patients in the past.
VERA, so far, invested around 6 million, between 2020 and 2021 and has also witnessed a growth of 424 per cent Year on Year since the launch of its services in the year 2019.
Announcing the deal, founder CEO, Vera Clinics Dharma Teja Nukarapu, said the estimated valuation of the new deal is around $119 Million and will be implemented over a period of five years, in the initial roll-out phase we are investing $15M to set up 300 plus primary smart clinics in rural. This fresh order adds to our existing ongoing list of contracts.
During the COVID pandemic, Vera Smart Healthcare was the frontrunner to introduce and operate a fleet of 220 buses running in Andhra Pradesh and Telangana to undertake Covid-19 tests on behalf of the State Governments. It conducted 20 million tests in the twin Telugu States.
Currently, Vera clinics have a capacity of 1000 hospital beds, 200 doctors and 500 nurses across the country.