Mercatus Capitalis an Asia's premier Angel Investor and Incubator. Its strategy is to provide early stage support to promising entrepreneurs with ideas and technology that are disruptive and paradigm shifting. Beyond providing seed funding, Mercatus undertakes an active incubation programme to groom top management to adopt a global outlook and to prepare companies to become major players in the global market place. Mercatus taps the collective business acumen of High Net worth Individuals who provide capital for companies and who also take an active role in mentoring companies.
Mercatus Capital has seeded and incubated more than 40 start-ups in South East Asia, India, China, North America and Australia. Its investment portfolio focuses on ideas that create next generation products and solutions for a better life, including healthcare solution and services. Among its outstanding investees, healthcare services and solutions are gaining success and trust from customers and partners such as MRI with Time Medical, Hospital Information System with Attune Technologies, Tele-Radiology with Pellucid and Plastic Needle with Micro Point.
Mercatus Healthcare Group, an arm of Mercatus Capital is showing its progresses to penetrate the Vietnam market by supporting two initial investee companies, Attune Technologies and Pellucid Networks, with their cloud-based health information system and tele-radiology solutions.
“We are living in a flat world – we consider it World II – which is different from World I focusing on item production; World II shifts its core on state-of-the-art solutions for bringing better life for people and we are happy to be a part of that and a part of this market,” said Mr Ravindran Govindan, Founder and Executive Chairman of Mercatus Capital Pte Ltd cum President of Mercatus Healthcare Group.
Attune Technologies revolutionizes healthcare management in Asia. Its cloud-based Healthcare Information System (HIS) enables rapid and cost effective adoption by hospitals, diagnostic centers, labs & insurance companies. The systems enable the Ministry of Health to gather Medical Intelligence for proactive and preventive Healthcare and Disease Management.
Accordingly, its cloud-based state-of-the-art solutions for HIS is not only for individual hospital or clinics, but also designed to cater for a national level Electronic Medical Record deployment. At the national level, the solution brings benefits to control and monitor disease burden, health budgets, epidemic information, real time outbreak and timely intervention. At the hospital, clinic or laboratory level, the solution provides a comprehensive enterprise resource planning needed to operate the said health centres.
Pellucid Networks is a specialist in providing cloud-based imaging technologies to ensure secure and rapid transmission of high fidelity medical images anytime and anywhere, be it within a single hospital or an entire network of medical centres nationwide. Pellucid full range of solutions, include the Tele-Radiology, Radiology Information System as well as the Picture Archiving and Communications System (PACS). Pellucid has also begun to venture into the areas of Tele-Diagnostics.
Both companies are headquartered in Singapore, with the R&D centres in India. Attune and Pellucid now have presence across South East Asia, Apart from the large customer base in India, both companies are currently running projects in Indonesia, Cambodia, Singapore and Malaysia.
“Vietnam along with Indonesia and the Philippines are the three biggest and most promising markets in the Southeast Asia region and our solutions are finely fit with market requirements in terms of economic scope and infrastructure needs to help doctors deliver medical services to local residents, even those who live in remote or island areas,” said Rajesh Sukumaran, Pellucid Networks founder.
Those solutions can optimize poor internet connection infrastructure in remote or island areas in such countries for data and medical image transferring to the central centre in urban areas. This helps patients in remote and islands areas improve their health.
According to a report from Vietnam’s Ministry of Health, central and provincial hospitals have faced with overloading burden for long time. The average bed occupancy ratio was 99.4 percent in 2012, including the ratio of 112.5 percent at central hospitals, 101.2 percent at provincial hospitals. Each doctor has to receive more than 50 patients a day. In fact, nurses and physicians now spend 75 per cent of their working time to fill in administrative papers.
Current infrastructure enables to capture opportunity to leverage healthcare services to a new height level. Some 97 percent of hospitals are connected to internet, most provincial hospitals have been equipped with broadband internet, 65 per cent of the total hospitals applied statistic applications and 20 per cent applied general management software. Meanwhile, according to ICT application report of Vietnam’s Ministry of Information and Communications, ICT applications in the health sector are at the primary stage. Current applications in state health agencies cater for regular weekly meetings of state agencies with its affiliates.
Vietnam has total 1,080 hospitals including 39 central hospitals, 382 provincial hospitals and 150 private hospitals. The ratio of hospital beds per 10,000 residents are 24.9 in 2012, up from 23.5 in 2011. The country has just kick-started a proposal to handle overloading for hospitals during 2013 -2020, focusing on central hospitals and hospitals in Hanoi and Ho Chi Minh City during 2013-2015.
Mercatus would like the Vietnamese people to benefit from the technology driven applications developed by Mercatus Healthcare and have access to quality healthcare with low capital outlay and high efficiency. Mercatus is open to exploring partnership arrangements with interested parties in healthcare.
Vietnamese
