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Online edition of India's National Newspaper Saturday, October 06, 2001 |
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Apollo Health to enter SAARC nations
NEW DELHI, OCT. 5. Apollo Health and Lifestyle Ltd., a wholly
owned subsidiary of the Chennai-based healthcare group Apollo
Hospitals Enterprise, plans to set up a chain of 15-20 clinics in
the neighbouring SAARC countries and West Asia.
``We want to deliver world-class healthcare facilities and
expertise through the delivery models which would be set up on a
franchisee-based business model,'' Mr. Ratan Jalan, chief
executive officer, Apollo Health and Lifestyle Ltd. (AHLL), told
PTI here.
He said the company was planning to set up over 250 clinics
across the country in the next three years out of which 30
clinics would come in the North by March next.
Mr. Jalan said Apollo was also working on a plan to set up a
network of psychiatry, geriatrics, maternity and diabetes clinics
besides primary healthcare clinics and added that the first
speciality clinic would be set up next year.
The primary healthcare clinics to be set up at an investment of
Rs. 2 crores will have facilities such as consultation room,
diagnostic lab, 24 hour pharmacy and telemedicine.
While Apollo will provide training, software, marketing and
designing support, it will claim a revenue share at 4 per cent.
While the Apollo clinics would be designed by architect, Mr.
Alfaz Miller, uniforms would be designed by Mr. Ravi Bajaj.
The company had already tied up with GE Medical Systems for IT
and software solutions and with the Indian Institute of
Management (IIM), Bangalore, for conducting customised training
programme for its staff, Mr. Jalan said.
Mr. Jalan said though Apollo would not be a direct investor and
the franchisee would have to make the estimated investment of Rs.
2 crores on its own, the company would support it in preparing
the feasibility report as also helping in arranging for debt if
needed.
He said the third party audit system would be followed to
maintain effective quality control besides stringent selection
procedures for franchisees.
Stating that only 32 per cent of the total health expenditure was
spent on hospitals with 68 per cent going into primary health
care, he said the company was targeting a revenue of Rs. 600
crores by 2003.
- PTI
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