Mergers & Acquisitions

Meena Ganesh owned Portea partners with American Megatrends to bring remote health monitoring to homecare patients

Opportunity India Desk
Opportunity India Desk Sep 29, 2017 - 2 min read
Meena Ganesh owned Portea partners with American Megatrends to bring remote health monitoring to homecare patients image
Portea Medical is positioned at the focal point of key trends that are driving healthcare globally including a move towards continuous monitoring using technology and clinicians to provide more personalized care.

Bengaluru-based Portea Medical, India’s largest and fastest growing home healthcare company, and American Megatrends Inc. (AMI), a leader in the development of smart diagnostic devices, have entered into a strategic partnership aimed at delivering improved health outcomes for homecare patients.

The agreement between Portea Medical and AMI is the first such partnership in the Indian home healthcare market that is valued between $2 billion - $4 billion a year and growing at about 20 per cent annually.

“Portea Medical is positioned at the focal point of key trends that are driving healthcare globally including a move towards continuous monitoring using technology and clinicians to provide more personalized care. We are pleased to enter this partnership with AMI that emphasizes our focus on using the best and most practical solutions to benefit our patients,” said Meena Ganesh, Co-founder & CEO, Portea Medical.

Under the partnership, Portea’s healthcare workers will use AMI’s B.O.L.T. health monitoring device to collect health data such as NiBP (Non-invasive Blood pressure), Pulse, Blood Oxygen Levels and Temperature from their homecare patients on smartphones. The data will then be used to personalize treatment plans and proactively intervene when the conditions of the patients warrant action.

“Portea has pioneered and revolutionized the home healthcare scenario in India. AMI B.O.L.T integrated with Portea ecosystem has enabled customers to share their key health parameters with physicians and healthcare workers within the comfort of their homes. We are very happy to be associated with Portea in bringing quality healthcare to homes,” said Sridharan Mani, Director & CEO, American Megatrends India Private Limited.

Portea has emerged as India’s largest home healthcare provider with over 2000 clinicians handling approx. 50,000 home visits in a month and operations spread across 22 cities in India. Portea focuses on general primary health care, post-hospitalization care, chronic disease management and allied services built around care plans that are specifically developed to cater for needs of individual patients, in consultation with their primary care doctor. 

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