Pristyn Care launches innovation lab to drive AI advancements in healthcare, ET HealthWorld

Pristyn Care launches innovation lab to drive AI advancements in healthcare, ET HealthWorld

Pristyn Care launches innovation lab to drive AI advancements in healthcare, ET HealthWorld

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New Delhi: Pristyn Care introduces the Pristyn Care Innovation Lab (PCIL), an incubator designed to drive advancements in AI within the healthcare sector. PCIL will provide early-stage AI startups with a unique platform to pilot and refine their solutions in real-world healthcare environments. From the 47 startups that have applied, a select few will be chosen for collaboration, with their names announced as they join the lab. This initiative aims to foster innovation and accelerate the development of groundbreaking AI technologies in healthcare.

As the Indian healthcare sector is projected to reach $650 billion by 2025 (A report by Nasscom and Kantar), with AI’s market expected to grow to $1.6 billion, there is a critical need for innovative AI solutions to transform healthcare delivery. The innovation lab addresses this by offering startups comprehensive support.

The lab will provide access to anonymised patient data, operational workflows, and pilot programmes in specific departments such as patient interaction and insurance analysis. Expert feedback from the company’s medical experts, operational staff, and technology teams, along with performance benchmarking against existing traditional methods. Mentorship will be provided from the organisation’s top leadership in healthcare, operations, and technology, plus networking opportunities with doctors, healthcare professionals, and industry leaders. The startups will be introduced to early-stage and angel investors within the company’s network, plus access to an incubator offering infrastructure and seed capital. Utilisation of office space and technology resources to support the startup’s operations. Get assistance with sales strategies and market expansion to drive the product’s growth. Receive guidance and resources to scale their business effectively.”We are excited to partner with AI startups to drive a revolution in Indian healthcare,” said Harsimarbir Singh, Co-founder Pristyn Care. “The adoption of AI is not just a trend but a crucial necessity for transforming the healthcare landscape in India. As the industry faces increasing demands for efficiency and improved patient outcomes, AI offers unparalleled opportunities for growth and innovation. By partnering with promising AI startups, we aim to foster innovation, accelerate the development of groundbreaking AI solutions, and address the pressing challenges facing Indian healthcare. Together, we can revolutionise how care is delivered, improve patient outcomes, and make healthcare more accessible to all.”

  • Published On Aug 22, 2024 at 05:50 PM IST

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