Rivia, a startup that works with clinics to improve the quality of healthcare services, has officially launched. Rivia aims to offer patients a “modern experience” by offering loans to partner clinics to upgrade their physical infrastructure and increase their inventory.
In addition, Rivia provides partner clinics with a hospital management system to manage patient appointments and bookings, records, payment collection, laboratory, pharmacy and related administrative tasks.
It is very important that all Rivia partner clinics must adhere to the ‘Rivia Standards’, a 10-point patient-centred quality guideline. In exchange for its services, Rivia collects a commission from the monthly revenue of the partner clinic. Each clinic in Rivia’s network must display its partnership by allowing co-branding by Rivia.
By The Numbers
Annual private healthcare spending rose from $20 billion in 2016 to $45 billion in 2023, combining data from Ghana, Nigeria and Kenya. This represents a remarkable increase of 125% over seven years. The average expenditure per user is $400, with approximately 113 million people paying annually for private healthcare in all three countries.
About Rivia
Rivia founded by a two-time entrepreneur Isidore Kpotufe, who sold his startup, Stabus, to Nigerian-born, Canadian-based mobility startup Treepz after raising $1.2 million. Isidore states, βPatients have lost confidence in Africa’s healthcare system. And technology alone won’t fix it. We must put the patient first. What is the patient’s expectation? How do we deal with it? Here’s how to fix it. And I believe that with Rivia’s solutions, we are on the right track.”
Eric OsiaKwan, Managing Partner of Chanzo Capital, has joined Rivia’s board of directors to provide the right corporate governance as the startup sees as vital in its journey to sustainable growth. Chanzo Capital is also leading a syndicate to raise $200,000 in pre-seed funding for Rivia. The funds will be used to board 10 clinics and provide the necessary support to expand their business. The investment firm plans to close the round by the end of February.
What they say
Eric OsiaKwancomments Chanzo Capita CEO, “The healthcare needs in Africa are huge and a different model needs to be explored to address the failure of existing healthcare providers and we are confident that Rivia’s model is the way to go.”
Onyeka Akumahco-founder and CEO of Treepz has expressed excitement about Isidore’s launch of Rivia and says βIsidore was a key member of the Treepz team leading the marketing team before he left and established our brand across Africa. Today, he decided to leave us to build Rivia and I have no doubt that he will achieve his vision with the team he has assembled.
From all of us at Treepz, we wish Isidoros the best of luck in his new venture and thank him for all he has done with us. In addition, I am delighted to accept his invitation to join his advisory board to support the Rivia team with my experience and network as they strive to build the largest chain of modern healthcare services.β
Rivia currently operates in Ghana with plans to expand into West and East Africa.
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