March 21st 2015, Manila, Philippines: Last August 2015, Practo, the world’s leading healthcare platform, announced its entry to the Philippine market. Today, Practo has over 11,000 or over 70% of all doctors across 17 cities in the Greater Manila area –making it the largest and most extensive doctor database in the country.
Since October 2015, Practo’s user base in the Philippines has grown over four times and appointments booked on the platform have grown by about 25 times, demonstrating how more and more consumers consistently use Practo to book their appointments. Its award winning products Practo Ray and Practo Search are already being used in the Philippines.
Practo will soon completely cover Cebu, Cavite, and Batangas region as well as expand product lines to cover more healthcare segments across wellness, fitness, medicine, preventive and curative as well to ensure that consumers have a single app they need for all their healthcare requirements.
Just recently, Practo has also announced its entry into Brazil, the largest market in Latin America and the 5th largest economy in the world. Practo will start with São Paulo and will bring two of its award winning products – Practo Search and Practo Ray to the market. They will be available in Portuguese and English to ensure consumers and healthcare professionals in Brazil can leverage both with ease.
Practo Search enables consumers to search through its verified database of doctors and find the one that’s right for them. Consumers can search using doctor’s name, specialization, symptoms as well as insurance they accept.
One of the most helpful features of Practo Search is Practo Feedback, where verified consumers can provide feedback about their experience with the healthcare provider. This feedback is visible to other consumers and helps them make better, more informed decisions about who they choose to visit.
Practo is also launching Practo Ray – the cloud based practice management solution of choice for doctors and clinics around the world managing millions of patients every year. It simplifies and automates practice management so doctors can focus on what they do best – treating and caring for their patients.
At launch, Practo will enable residents of Sao Paulo with the highest quality database of doctors in the country. Through Practo’s app and website, consumers will be able to search through over 5500+ verified doctors – which covers nearly 50% of all clinics in Sao Paulo.
Going forward, Practo will continue to add more doctors on the platform in Sao Paulo itself as well as expand its coverage to the broader São Paulo area. In the second half of 2016 Practo plans to expand to Rio de Janeiro and eventually to all large cities in Brazil.
Practo is fundamentally disrupting healthcare by combining strong B2B software product Practo Ray that is tightly integrated with its much loved consumer offering including Practo Search – creating the world’s first and only healthcare hyperloop connecting the entire healthcare ecosystem and helping millions of consumers make better healthcare decisions every month.
Practo is currently in 15 countries and over 50 cities around the world. it currently lists over 200,000 doctors and 10,000 hospitals, 8000 diagnostic centers and over 4000 wellness centers globally and receives over 10M searches a month across its website and apps.
“We are thrilled to have the opportunity to serve millions of consumers in Brazil and and simplify healthcare experience for doctors and consumers simultaneously. Over the next few months we will expand our coverage and product lines to enable consumers to make better healthcare decisions and live healthier lives.” – Shashank ND, Founder & CEO, Practo.
Updates from Other International Markets Singapore: Practo is the market leader and lists over 6,000 doctors in Singapore which is around 80% coverage. We are growing at a 50% growth rate. Our appointment booking has grown 3.5X in the last 2 quarters and will continue to grow fast. Over 1M people in Singapore have used Practo (~20% of population) which is a huge validation of the value we provide to both consumers and doctors. With appointments growing at over 3.5x on the platform, we believe that we are well positioned in this region.
Indonesia: Practo provides the largest database for doctors in Indonesia. Consumers have access to over 6000 verified doctors in over 75% of all clinics across Jakarta DKI. Since October our search volume has grown over 20 times and makes us by far the largest healthcare platform in the region – and this is just in Jakarta. We are working aggressively to cover more areas in Indonesia including broader Jakarta Raya area covering Bogor, Depok, Tangerang and Bekasi regions Practo will expand its consumer offering to cover more healthcare segments such as hospitals, wellness, fitness, as well as online consultation product as well.