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Apollo
Hospitals to double bed capacity in three years
Healthcare major
Apollo Hospitals Group is planning to double its beds capacity over
the next three years through the franchisee route rather than invest
its own money.
The group has plans
of doubling its bed capacity from the current 5,000 to 10,000 by
2004-05, but it would invest only 10% of the total investments
required from its own kitty. The balance would come from its
franchisees in the different parts of the country.
Another focus area of
the group in the future would be information technology to tap the
potential of medical business process outsourcing (BPO), he said.
The First-Med Hospitals chain, again based on the franchisee model,
is positioned to focus on providing quality secondary care that is
affordable and accessible to all sections of the society, he said. A
First-Med hospital will have 150-200 bed capacity.
Besides starting
franchisee hospitals in Raichur and Ludhiana shortly, the group is
also in the process of kicking off hospitals in Dubai, Saudi Arabia
and Ghana in Africa, he said. The capacity of these hospitals will
range from 50 beds to 350 beds.
The group has also
worked out an ambitious plan for its primary and preventive
healthcare chain Apollo Clinic. While three such clinics have
already been opened, the group plans to add about 40 clinics by
March 2003 and aims to have about 250 more in the next three years.
In the first phase, most of the clinics will be located in metros
and big cities.
The group also hopes
to have a presence in the Gulf and in the SAARC countries. The group
has also forayed into medical business process outsourcing.
[Ref: The Economic
Times – 24/9/02]
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