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Competition
in the private healthcare sector has been heating up with
new entrants coming in. CNBC-TV18 learns that the battle
in the capital has seen a new winner emerge Fortis
Healthcare.
Shivinder
Singh the man behind Fortis Healthcare, part of the Ranbaxy
group, has dislodged Apollo hospitals as the No 1 healthcare
provider in the capital. Apollo has a turnover of about
Rs220 crore in the capital.
However,
since Fortis set up its first hospital in Noida in 2004,
it has managed to garner double of that. With seven hospitals
spread across the national capital region, the Fortis
management believes that it''s the geographic reach coupled
with multiple specialty units that has done the trick
for them.
Shivinder
M Singh, Group MD, Fortis says, "We are the largest
players in North India. We have seven hospitals in Delhi,
we are the largest player in Delhi by volume, number of
beds, by financials, by any metric."
Spreading
roots in North India further, Fortis will soon have a
hospital in Jaipur and is also looking at Himachal Pradesh.
Another key project for the company is a medi-city or
a healthcare hub coming up in Gurgoan.
Spread over 75 acres, it has been designed to have multiple
specialty units, a medical college and training institutes.
However, this is likely to be functional only after two
years.
Generating
volumes and better reach is now the strategy for other
leading players like Apollo and Max. Max Healthcare will
open a facility in Gurgaon by Q2 of 2007 and is also targeting
other cities in north India.
It
hopes to up its turnover from the current Rs 250 crore
to Rs 330 crore by March next year. Apollo currently has
only one hospital in Delhi, but will soon inaugurate more
units in the capital region.
The
official spokesperson of Apollo said, "We will have
a 57 bed hospital in Noida fully functional by next month.
We are also working on an integrated cardiac plan on a
national scale. We have already finalised on the two cardiac
specialty units in NCR, which we will be buying over completely.
With all this in the pipeline in the coming months, we
are hoping to achieve a 25 per cent growth rate in the
next one year."
With
Fortis gearing up to enter key cities in the East, West
and South India over the next twp - three years, the battle
in private healthcare will move beyond the capital.
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