Business Category: Healthcare
Founding Year: 2015
Startup Stage: Revenue Generation
Support Required: Mentoring
Structure of the Company: PVT Ltd.
Executive Summary: 5C Network is Teleradiology 2.0; a network of expert radiologists which builds diagnostic muscles for hospitals and diagnostic centres. India's current $5Bn spending in radiology will have to increase in order to cater to the growth in NCDs - for which radiology plays an extremely important part in diagnosis. 5C will be the catalyst to this ecosystem, helping hospitals and diagnostic centres get access to the best specialist radiologist for optimal and timely diagnosis, while allowing radiologists to focus on complex cases and automate basic and trivial cases.
Market need: The right diagnosis is three-fourths the remedy. Small hospitals and diagnostic centres today do not have the same diagnostic capability as large corporate as they do not have access to specialist radiologists. This reduces diagnostic quality, healthcare quality, and increases turn around times for patients. 5C is looking to address this problem in a data and technology-driven model.
Product/Service description: 5C runs www.5cnetwork.com, which is an online portal that brings together the best radiologists in the country along with cutting edge technology, and allows hospitals and diagnostic centres to upload scans directly to the expert panel in the fastest way. 5C is focused on providing superspecialist interpretations for every scan while building technology to make this faster and more accurate, and in the future, automatic.
Customers/Users: 5C's has a strong client base of 50+ hospitals and diagnostic centres across the country.
Current traction: 5C is India's fastest growing and premier diagnostic network, doing more than 10,000 interpretations every month. 5C has saved more than 3,50,000 hours of waiting time and given more than 50,000 patients access to quality healthcare through quality diagnosis, something they never had access to before.