Vaatsalya business architecture involves creation of a network of healthcare centres in rural and semi urban areas that would allow delivery of low cost rural health care services due to reduced operational cost and application of standard operating procedures. Vaatsalya also provides clinical research consulting services to clinical trials industry, particularly auditing for GCP/GCPMD, systems development for CROs, Site management set up, IRB and investigator training.

Company Background

Vaatsalya Healthcare provides quality basic healthcare services to semi-urban and rural areas. The founder promoter of the Company is Dr. Ashwin Naik. Ashwin did his MBBS from Hubli in North Karnataka and briefly served there. Dr. Virendra Hiremath, a co-promoter of the company and a year junior to Ashwin in medical college, is supporting Ashwin.

The company has established three semi-urban health centres, in Hubli, Gadag and in Karwar, all in North Karnataka.

Impact potential

Vaatsalya aims to reduce the opportunity cost of accessing healthcare in the rural population. For every Rs.10 spent on Medicare, Rs.30 is spent on availing that service; including cost of travel, loss of daily wages and cost due to improper and inadequate diagnosis. Vaatsalya aims to bring down the cost through its innovative healthcare services delivery model.

Investment by AIMVCF

Aavishkaar has become a partner with Vaatsalya to intensify the delivery of rural healthcare services through the low cost services delivery model. Investment by AIMVCF would be used to expand and provide penetration to rural healthcare services through building up a network of healthcare centres.