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Apollo Hospitals to expand capacity in East

The Hindu Business Line:  July, 2013

Kolkata: Apollo Hospitals plans to add another 1,500 beds in Eastern and North Eastern India and, Bangladesh in next five years. On the cards are opening of four new hospitals – one each in Kolkata, Patna, Raipur and Guwahati.

The Chennai-based healthcare major has 1,500-bed capacity in the East and North East. This includes a 510-bed super-specialty hospital in Eastern Kolkata.

According to the company, plans are afoot to add 200 beds to the existing hospital in Kolkata and build another hospital in western part of the city. The expansion of the existing capacity will be completed by this year-end. “We expect to double our capacity in the East in the next four to five years. In addition to our existing units, we would like to be present in Patna, Raipur and Guwahati,” Rupali Basu, Chief Executive Officer, Eastern Region, Apollo Hospitals, told Business Line on the sidelines of a CII seminar on scope of venture capital and private equity fund in healthcare, on Saturday.

According to Sanjay K. Randhar, President, IndiaVenture Advisors Pvt Ltd, a Piramal Group company, estimated the cost of setting up super-specialty units at Rs 50 lakh to Rs 1 crore per bed in tier-I cities. The cost would vary between Rs 30 lakh and Rs 50 lakh in the tier-II and tier-III cities.

Currently, Apollo Hospitals has six tele-medicine (through video-conferencing system) centres in the region. Plans are afoot to add another 24 over the next couple of years.