Healthcare Race is getting hotter
Dr Nagarajan Pandurangan
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In essence, the enigma of being number one lies not only in the accomplishment itself but also in the complexities and responsibilities that come with it. It’s a blend of success, challenges, and the continuous pursuit of excellence - ChatGPT.
Having plagiarized the Number 1 definition from our friendly neighborhood ( I am a Old Spiderman Fan ) ChatGPT for our Todays Topic "Healthcare Race for No 1 Position " .
Apollo Hospitals ( My Favourite , Ex - Apollo ) has been the crowned monarch of Indian Healthcare from its day of inception in 1983. (1983 is always etched in our minds of course as cricketing fanatics). As on date Apollo bed strength is at 10,000 with a network of 71 owned and managed hospitals making it the race leader .
Hot in pursuit with a recent 1300 bed AMRI acquisition is our Manipal Hospitals - ( Temasek Holdings is the Controlling Stakeholder ) , the second largest chain with 9,500 beds and 33 hospitals in 17 cities .
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The reason for this post is the exciting planning of both these table toppers for all Healthcare sector in the near future (Seasoned HCS People like me - Pun Intended)
Our Apollo has a target to add 2,400 beds during fiscal 2025-27. According to CFO Krish Akhileswaran it will be more of green field projects in Chennai, Hyderabad, Kolkata and the NCR, besides expanding into Pune, Varanasi, Gurgaon and other North Indian markets with an investment of ?3,500 crore,
Manipal plans to invest about ?1,500 crore to add 1,400 beds in the next two quarters. "Adding about 1,400 beds in Bangalore and Raipur is a testimony to our belief that the need for high-quality healthcare will continue to grow," said Dilip Jose, managing director and chief executive of Manipal Hospitals.
Also in this red-hot Healthcare bed strength race is IHH Healthcare Gleneagles Global Hospital with 6000 Beds and Aster DM Healthcare ( Founder Azad Moopen ) with around 4300 Beds.
Tail Piece : As I conclude lets hope that in this hot race of Bed strength , the aam bharatian aadmi ( My So called good Hindi ) , the fellow Indian in tier 2 and 3 cities not only get good care touching their lives but also get life on with affordable pocket friendly Healthcare Services.