Biography of Kanav Hasija:Co-Founder & Chief Customer Officer of Innovaccer- Entrepreneur
Biography of Kanav Hasija:
Kanav Hasija, a distinguished entrepreneur and the Co-Founder and Chief Customer Officer of Innovaccer, embarked on a remarkable journey that has significantly transformed the healthcare technology landscape. A graduate of the Indian Institute of Technology, Kharagpur, Hasija pursued a master's degree in patent law from the University of New Hampshire. His academic journey, combined with hands-on experience as an intern at General Electric and a principal consultant at Kharagpur Consulting Group, laid the groundwork for his future endeavors.
Educational Foundation
Kanav Hasija's academic journey began at the Indian
Institute of Technology (IIT), Kharagpur, where he acquired a strong technical
and analytical foundation. This education laid the groundwork for his future
ventures in technology and healthcare.
Early career -Consulting and Internships
Before founding InnovAccer, Kanav served as a Principal
Consultant at Kharagpur Consulting Group, where he provided strategic
consultancy to government and private organizations. He also gained experience
at General Electric as an intern, working on IP assessments and analyzing
performance parameters for cutting-edge detector technologies.
Exploring Telemedicine
In 2011, Kanav contributed to research on telemedicine while
working at ITTI Clinic, part of the University of New Hampshire School of Law.
His work involved analyzing patents and technology landscapes to explore how
telemedicine could improve health outcomes in Africa.
The Genesis of Innovaccer
The seeds of Innovaccer were sown in 2011, during a data
analytics project at Wharton and Harvard University, where Hasija and his
co-founders, Abhinav Shashank and Sandeep Gupta, first explored the potential
of data integration. Recognizing a gap in data management technology amidst
declining digital storage costs, they envisioned a solution that would
revolutionize healthcare data management. This vision came to fruition in 2014
when Innovaccer was officially founded.
Innovating in Healthcare Data
Since January 2014, Kanav has been a driving force at
InnovAccer, where he serves as Co-Founder and Chief Product Officer. At
InnovAccer, Kanav focuses on leveraging the Healthcare Data Activation Platform
(HDAP) to enhance healthcare delivery. His work aims to reduce care costs and
improve the quality and accessibility of healthcare by activating and utilizing
data effectively. The platform is designed to help healthcare providers realize
value from their data, transforming how care is delivered.
Biography of Kanav Hasija:Co-Founder & Chief Customer Officer of Innovaccer- Entrepreneur/Investor/Age/Net worth/Healthcare unicorn/Story of Kanav Has
A Breakthrough in Healthcare Technology
Innovaccer's flagship product, the Innovaccer Data
Activation Platform, emerged as a groundbreaking solution in the healthcare
industry. This platform, integral to the Innovaccer Health Cloud, provides a
comprehensive and unified view of patient data by integrating disparate electronic
health records (EHRs). The result is a powerful tool that enhances the quality
of patient care while simultaneously reducing unnecessary costs.
Innovaccer's Rapid Growth
Under Hasija's leadership, Innovaccer achieved a remarkable
milestone in 2021, becoming the first healthtech unicorn in India. The
company's impressive growth was fueled by a Series D funding round that raised
$105 million, propelling its valuation to $1.3 billion. Shortly after, a
subsequent funding round brought in an additional $150 million, elevating
Innovaccer's valuation to $3.2 billion.
Connecting the Dots
The foundation of Innovaccer's success lies in its ability
to connect previously siloed data and provide healthcare providers with a
holistic view of patient information. By leveraging advanced data sciences, big
data, and medical analytics, Innovaccer's platform enhances decision-making and
improves patient outcomes. This innovative approach has led to significant cost
savings for healthcare institutions and providers.
A New Era in Healthcare Analytics
In addition to its core platform, Innovaccer has introduced
Sara, a conversational AI assistant named after the Hindu Goddess of Knowledge,
Saraswati. Sara is designed to provide healthcare professionals with real-time
insights into population health data through humanlike responses. This
cutting-edge tool empowers care teams by delivering complex analytic insights
in an accessible and actionable format.
The Founder's Journey
Kanav Hasija's entrepreneurial journey began with a
deep-seated passion for data science and a drive to make a meaningful impact in
healthcare. His background in patent law and experience in consulting provided
a unique perspective that shaped Innovaccer's development. Collaborating with
co-founders Shashank and Gupta, Hasija played a pivotal role in shaping the
company's vision and execution.
Global Impact and Reach
Today, Innovaccer's Health Cloud software is utilized by
over 50 healthcare organizations, managing medical records for more than 24
million patients. The company's technology has generated substantial savings,
exceeding $600 million for institutions and healthcare providers in the United
States. Innovaccer's global reach underscores its significant impact on the
healthcare industry.
Innovaccer's Vision for the Future
Innovaccer's journey is marked by a relentless pursuit of
innovation and excellence. The company's focus on value-based healthcare and
its commitment to leveraging advanced technologies drive its mission to improve
patient care and reduce costs. By integrating data across various healthcare
settings, Innovaccer continues to set new standards in the industry.
A Strong Foundational Team
The collaboration between Hasija, Shashank, and Gupta has
been instrumental in Innovaccer's success. Their combined expertise in data
analytics, technology, and healthcare has enabled them to create a platform
that addresses critical challenges in healthcare data management. The team's
vision and dedication have been key drivers of the company's growth.
Innovaccer's Technological Edge
Innovaccer's proprietary product, Datashop, is a testament
to the company's technological prowess. This platform integrates complex data
from multiple sources, providing valuable insights and enabling healthcare
organizations to make informed decisions. Datashop's modular architecture
allows providers to customize solutions based on their specific needs.
Empowering Healthcare Providers
Innovaccer's commitment to empowering healthcare providers
is evident in its suite of products and tools. From care management to patient
engagement, Innovaccer offers a range of solutions designed to enhance the
quality of care and streamline healthcare operations. The company's focus on
interoperability and data integration is central to its mission.
A Legacy of Innovation
Kanav Hasija's journey with Innovaccer reflects a legacy of
innovation and impact in the healthcare technology sector. Through visionary
leadership and a commitment to excellence, Hasija and his team have transformed
the way healthcare data is managed and utilized. Innovaccer's continued success
underscores the importance of leveraging technology to improve patient outcomes
and drive industry progress.
Timeline for Kanav Hasija's journey and accomplishments:
Indian Institute of Technology (IIT), Kharagpur: Graduated
with a strong technical and analytical foundation.
University of New Hampshire: Pursued a master’s degree in
patent law.
General Electric: Interned, focusing on IP assessments and
performance analysis for detector technologies.
2011: Conducted research on telemedicine at ITTI Clinic.
2014: Founded Innovaccer to revolutionize healthcare data
management.
2021: Innovaccer became the first healthtech unicorn in
India, achieving a $1.3 billion valuation.
