India will have over 300 million elderly people by the time the country celebrates its 100th year of independence in 2047, said Kris Gopalakrishnan, former CEO of Infosys and a venture capitalist who just floated Bridge Health, a proactive healthcare start-up.
According to Mr. Gopalakrishnan, the country was yet to have a social security network, especially when in another couple of decades it is expected to become an ageing economy like Japan and China.
“Healthcare has to move from tertiary or secondary to primary level. Healthcare accounts for 17% of the U.S. GDP and in India, it is an appalling 2% still,’‘ he stated.
Bridge Health’s primary mission was to facilitate a crucial transition in India’s healthcare segment from curative to proactive care, Mr. Gopalakrishan added.
Bridge Health has entered into a strategic alliance with Primus Senior Living, and the combine is expected to launch a managed eldercare service, One Care, that would comprise an elder care assessment involving evaluation of functional abilities, cognition and mental health and physical condition. Post the assessment, Bridge Health will prepare customised prevention and treatment plans for senior citizens.
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