India currently has nearly 59,000 private hospitals, that are primarily standalone doctor owned hospitals/clinics in lower socio-economic zones in metros and Tier 2 and 3 cities that do not have effective technological solutions for management of their services, nor do they have access to a wide range of vendors and manufacturers to optimize their costs and material consumptions. These hospitals often face limited availability and accessibility to supplies due to absence of a formal distribution network, poor quality products/medications, and limited use of data and technology by the available suppliers.

Integer ™

StratMed aims to revolutionize procurement in the healthcare sector through the world’s first fully aggregated healthcare supply chain ecosystem. Through its partnership with SAMRIDH, StratMed will gain access to affordable finance and technical assistance to expand the operations of its technology driven platform, Integer™. With this collaboration, StratMed aims to onboard 300 hospitals in Tier 2 and 3 towns and will create a “multi-sided platform business model (a platform connecting two or more participant groups), enabling effective engagement among diverse players within the healthcare ecosystem. This will also bring transparency of information to drive down the costs and consumption for the hospitals and better Sales & Operations Planning (S&OP) for Supply Chain Partners.