Even Healthcare was founded in 2020 by Mayank Banerjee (CEO), Matilde Giglio (COO), and Alessandro lalongo (CTO). It operates on a vertically managed system that integrates care, diagnostics, and payments unlike the traditional fee-for-service model that is already widely used in India. The company works on clinical and financial incentives around patient recovery and outcomes rather than increasing bed occupancy and other revenue optimisation. This proposition aligns strongly with healthcare models that consolidate delivery, data, and payments to improve care quality and system efficiency.
Rapid Growth in Operational Feasibility
One of the most compelling news was Even Healthcare's ability to achieve operational requirements in under six months at its first hospital after launching in May 2025. Most secondary care hospitals take 2-3 years to turn profitable, but Even has moved faster, demonstrating a notable trajectory reflecting how managed-care models can compress timelines. The company’s early performance further showcase a promising clinical and economic growth: - No unplanned 30-day readmission across more than 350 tracked surgeries. - No post-operative infection cases reported within the same locations. - Reduced length of hospital stays than comparable procedures. - Over 200 hospitalisations avoided through at-home monitoring pathways. These outcomes, as reported by Medical Buyer, align Even’s core strategy of continuous care, with teams overseeing patient journey from admission and diagnosis to hospitalisation and post-operative recovery. This can extend to teleconsultation and at-home support when required.
Managed Care Model
India’s healthcare market has long operational inefficiencies, which includes high prices, fragmented delivery systems, and hospital systems targeted towards utilisation rather than outcomes. Even’s care models aim to address this challenge by integrating primary care, diagnostics, and telemedicine. It also added inpatient services under the “payvider” model, where the organization carries payer risk while directly delivering clinical support. For C-suite leaders, this partnership in healthcare highlights a practical pathway from managed care to value-based care, offering a blueprint for strategic decisions. This concept has gained traction globally but remains new to India’s fragmented care system.