Even – a healthtech company and healthcare provider that partners directly with the top hospitals in the country to provide quality and affordable healthcare to its members – today announced its partnerships with leading hospital chains in Bengaluru that includes Fortis Hospitals, Narayana Health and Aster DM Healthcare. This is the first-ever partnership of its kind where Even will offer its members unlimited diagnostics and consultations, and hospitalization costs up to INR 50 lakh through monthly subscriptions.
The subscription-based membership is aimed at introducing access to high-quality, affordable healthcare in India. Under its cashless plan, Even will cover unlimited diagnostics and OPD consultations, and hospitalization costs up to INR 50 lakh per annum for its members. Even’s cashless plans offer extensive cover for all medical interventions, including emergency care and Covid-19 treatment. Additionally, patients who wish to switch from one partner hospital to another do not need to move their details or any paperwork around, all data will be available with patients’ consent.
Speaking on the partnerships, Mr Mayank Banerjee, CEO & Co-Founder, Even, said, “Our partnership with India’s leading and most respected hospital networks is the first critical step in our vision of providing quality and affordable healthcare for Even members. We believe people should feel free to be able to access the best healthcare without having to ever worry about their savings.”
Since its alpha launch at the end of May this year, Even has assisted administration of over 1700 vaccinations and enabled more than 15,000 health check-ups. The Company will be launching its membership product in Bengaluru in November, 2021. Currently, Even has 40,000-plus waitlisted users.
Dr Manish Mattoo, Zonal Director – Fortis Hospitals, Bengaluru, said, “We are excited about being one of the first hospitals in India to usher a new healthcare movement with Even. Our collaboration allows us to build a deeper doctor-patient relationship, track each member’s health over time and intervene early in illnesses, providing more personalised care. Members can use our top-of-the-line OPD and IPD services without incurring any out-of-pocket costs.”
Even recently raised $5 million in seed funding led by Vinod Khosla (Khosla Ventures), with participation from Founders Fund (led by Peter Thiel), Lachy Groom and other investors and operators, including Nikesh Arora (CEO, Palo Alto Networks, ex-COO, Softbank), Kunal Shah (CEO, CRED) Nithin Kamath (Founder, Zerodha) and Tom Stafford (Partner, DST Global).