Health

AI-enabled digital platform for psychological well being launched in India



Indian cybersecurity guide Panacea Infosec, together with human useful resource R&D agency Panacea Bioedge, has collaborated with Healmed Options, a psychological well being tech firm within the US, to develop an AI-powered on-line psychological well being platform in India.

WHAT IT DOES

Panacea Healmed provides a spread of psychological well being evaluation assessments for people, healthcare organisations, firms and academic enterprises.

Its psychological well being evaluation system for healthcare suppliers can automate as much as 80% of their workflow by capturing a affected person’s historical past and changing it into an digital medical document. The platform allows psychiatrists to evaluation quantified, recognized, and colour-coded signs by a dashboard, helping of their medical determination making. It additionally contains a digital assistant that interacts discreetly with sufferers. 

In the meantime, its company providing of a psychological well being evaluation instrument helps employers to alleviate employees burnout and helps staff to self-manage their very own psychological wellbeing. 

WHY IT MATTERS

In a press assertion, the businesses stated there’s a “big demand” for psychological well being providers in India.

In accordance with the World Well being Group, psychological well being problems declare 2,443 years of life per 100,000 inhabitants in India. In 2017 alone, one in seven Indians is affected by psychological well being illness.

The nation additionally has a suicide price of 21.1 per 100,000 individuals. By 2030, psychological well being sickness will price India an estimated $1 trillion.

MARKET SNAPSHOT

Panacea Healmed claims to be India’s first AI-powered psychological well being platform. Innerhour, an Indian startup, additionally runs a psychological well being and wellness platform that provides assessments, a spread of Cognitive Behaviour Remedy instruments, personalised content material and one-on-one help to people and company purchasers. Not too long ago, it prolonged free on-line providers to help the psychological well being of healthcare employees. 

A cellular app devoted to supporting healthcare professionals’ emotional wellbeing was additionally launched recently by Roche Diagnostics India.

ON THE RECORD

“We’re happy to announce the joint initiative of Panacea Infosec and Healmed Options to rework psychological healthcare supply in India. Each the organisations have wonderful observe data of their respective domains and have created profitable collaborations. We sit up for working collectively to unlock the massive potential in psychological healthcare providers,” Panacea Healmed co-founder and CEO Megha Sharma acknowledged.

“We have now an aggressive multi-pronged Indian growth plan for psychological healthcare providers. We recognise the numerous alternative and wish for psychological well being help in India and might help healthcare organisations, corporates, instructional establishments and NGOs to raised handle the psychological well being wants of the individuals. With Panacea Infosec’s native presence, experience and infrastructure in place, we anticipate to see vital progress in India as we proceed with the combination of our options,” stated Healmed Options CEO Dr Nidhi Goel, who can also be a co-founder of Panacea Healmed.



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