Fischer MV & HDT Launch DoctorOnCall Globally

Published at : OneZero-F Analytics
Published on: 24 Jul 2024

Fischer MV Partners with HDT for Global Rollout of DoctorOnCall, Merging Telehealth, Online Pharmacy, and Comprehensive Healthcare Solutions.

Partnership Announcement:

  • Fischer Medical Ventures Ltd (Fischer MV) partners with Malaysia’s Health Digital Technologies (HDT) to globally launch the DoctorOnCall platform.
  • The investment and collaboration include contributions from existing investors Samsung Ventures and Malaysia’s sovereign wealth fund Khazanah.

DoctorOnCall Platform:

  • An integrated healthcare ecosystem offering teleconsultations, online pharmacy, health services bookings, insurance solutions, and corporate medical concierge services.
  • Features over 500 GP clinics, 1.9 million registered users, and 20 million annual visits.

HDT’s Innovations:

  • Digital Health Exchange (DHX) platform aggregates services from multiple providers, enhancing service integration.
  • Streamlined user experience with secure KYC processes, robust verification protocols, and efficient interaction for selecting medications, consulting physicians, and managing health packages.

Market Growth and Expansion:

  • Malaysia’s digital health market projected to grow at a CAGR of 15-25% over the next five years.
  • HDT secures contracts with Malaysia’s largest Telco CelcomDigi and a hospital group in Saudi Arabia, expanding their network and services.

Statements from Leadership:

  • Ravindran Govindan, Executive Chairman & Managing Director of Fischer MV, emphasizes the alignment of growth strategies and the aim to expand global markets.
  • Maran Virumandi, CEO of HDT, highlights the benefits of Fischer MV’s funding and expertise for global scalability and enhanced HealthTech capabilities.

Strategic Goals:

  • The partnership aims to set new benchmarks in digital healthcare delivery through innovation, accessibility, and quality.
  • Focus on expanding the B2C market and acquiring more corporate clients and insurance providers globally.
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