Pristyn Care on Tuesday announced the acquisition of healthcare technology platform Lybrate to create synergies across global healthcare delivery and a foray into primary care. In the coming days, the companies will work to combine business operations seamlessly, the company said in its press release.
“The pandemic has led to massive changes in patient behavior, especially with most of them seeking consultations online and communicating with doctors via text, voice and video from anywhere, anytime. However, for secondary care surgeries, OPDs and offline consultations continue to be an important factor, with technology improving access, convenience and a hassle-free experience. Many such changes have accelerated the way healthcare delivery is perceived in India, leading to higher digital adoption, which will further shape the future of the healthcare industry. With this partnership, Pristyn Care plans to expand its existing health technology capabilities and offerings in primary care,” the company said in its press release.
“We are committed to digging deeper into the healthcare ecosystem to strengthen our presence across the country. Given the growing demand for e-health services, Lybrate is a compelling strategic fit to provide access to primary care for our patients through e-consult services. We believe there is a significant appetite for innovation and growth in the healthcare industry, and similar acquisitions will help consolidate, scale and expand healthcare delivery assets. This partnership will result in better access to primary care via qualified doctors, online consultation services and an improved experience for patients. The combined solutions will also be designed to benefit the entire healthcare ecosystem,” said Harsimarbir Singh, co-founder of Pristyn Care in a statement.
“Our unique approach to making healthcare accessible is what makes us one of the most widely used digital consultation and wellness platforms for patients and physicians. The attributes of Pristyn Care resonate strongly with Lybrate, and given the nature of its business strongly complementing our offerings, this should build on each other’s strengths.With Pristyn Care’s focus on secondary healthcare and Lybrate’s strong network of a number of primary care physicians, we can achieve tremendous synergies,” Saurabh Arora, founder of Lybrate, said in a statement.
The company says the partnership will help Pristyn Care to “further promote excellence in healthcare service delivery with a strengthened pan-Indian footprint.”
“The 150 Lybrate employees will join the Pristyn Care family. With this acquisition, Pristyn Care seeks to add online medical consultation services, improve care efficiency in primary care and meet patient expectations,” the company said.