Financial Daily from THE HINDU group of publications
Wednesday, Nov 09, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Home Page - Medical Institutions & Hospitals
Marketing - Channels and Franchises


Apollo Hospitals to open day-care surgery centres

P.T. Jyothi Datta

Mumbai , Nov. 8

IT is not a case of once bitten twice shy for the Apollo Hospitals Group, after franchisee-related issues required it to opt out of its first baby-oriented centre in Delhi.

The hospital group is looking to enter a new line of healthcare delivery, day-care surgery or ambulatory centres, said Mr Ratan Jalan, Chief Executive Officer of Apollo Health and Lifestyle Ltd (AHLL). And this too would be on the retail-franchisee format, he added.

AHLL is a wholly-owned subsidiary of the Apollo Hospitals Group and it runs `The Apollo Cliniq', a network of `family-clinics' across the country.

Recently, AHLL launched `The Cradle', an infant-oriented centre in Delhi. But one of the franchisees, the Talwar Group, off-loaded its equity to Fortis Healthcare resulting in AHLL opting out of the venture. .

Day-care surgery centres, known as ambulatory centres, are popular abroad, Mr Jalan said, where about 80 per cent of the surgeries are done in such centres. They are across segments such as general, ENT etc. The patient's hospital expense gets reduced as he will not be required to stay-over at the hospital.

It will also reduce the burden on the hospitals, as they would not have to spend resources on minor illnesses. Big hospitals or tertiary healthcare centres will be able to focus on the higher acute levels of surgery, he said.

"We are working on the (day-care surgery) concept," he told Business Line and added that it could happen over the next 12 months. Meanwhile, AHLL expects to open Cradle centres in Mumbai; at least three are on the anvil.

Besides expanding its Cradle presence in Gurgaon, AHLL expects to set up more such infant-centres in Pune and Jaipur as also in Gujarat and Punjab. Each centre requires an investment of about Rs 10 crore, without the land, which would be the franchisee's responsibility.

With 40 family-clinics in place across the country, he said that AHLL expects to become more visible in the country having achieved a critical mass. The retail-network expects to roll-out four family clinics in the outer-fringes of Mumbai in another three months. The company has a presence in the South, North and Eastern regions of the country.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor

Stories in this Section
John Snow for opening up of banking sector


Shear zone gets 2nd engine sputtering to life again
MphasiS may raise $40 m to fund buy-back plan
BSNL profit crosses Rs 10,000 cr in 2004-05 — To float GSM tender for 60 million lines soon
Dr Reddy's to buy Roche's Mexico unit for $59 m
Centre not to allow States to float airlines for international routes
Toyota may set up next plant in Bangalore
Apollo Hospitals to open day-care surgery centres
Sensex moves up 111 on fresh FII buying
TCS buys BPO firm in Chile — Plans to expand in a big way in Latin America
Capital goods drive import growth — April-Aug numbers reflect brisk economic activity
Revenue Dept may look into books of cos in Volcker report


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line