MyHealthFin, the healthcare financing arm of MyHealthcare, has forged strategic alliances with Non-Banking Financial Companies (NBFCs) to extend accessible healthcare financing to patients across India.

This collaborative initiative aims to render healthcare services more affordable and within reach for approximately three crore patients across 130 hospitals situated in tier-1 and tier-2 cities in the country.

Rising medical insurance premiums and substantial out-of-pocket expenses have rendered quality healthcare unaffordable for a significant segment of the Indian population. MyHealthFin seeks to tackle this challenge head-on by introducing data-driven medical loans, specifically tailored for chronic care.

Shyatto Raha, Founder & CEO of MyHealthcare, underscored the fundamental right of every individual to access quality healthcare. He expressed the company's commitment to bridging affordability gaps through innovative and streamlined financing solutions.

MyHealthFin's disease-agnostic financing framework is poised to cater to diverse healthcare needs, ensuring comprehensive assistance for patients. Integrated within MyHealthcare's ecosystem, the platform promises swift digital loan processing, enabling accessibility within a mere five minutes, as outlined in a company press release.

Srishti Singh, Head of Marketing at MyHealthcare, highlighted the product's attributes, emphasizing its swift, seamless, and paperless nature. The platform aims to benefit both patients and hospitals alike by simplifying and expediting the financing process.

MyHealthFin's integration with health insurance providers and governmental schemes, including Ayushman Bharat (PM-Jay), further amplifies its reach and impact. By targeting broader accessibility and inclusivity in healthcare, the collaboration strives to enhance healthcare access for a larger demographic in India.