Financial Daily from THE HINDU group of publications
Wednesday, Dec 22, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Medical Institutions & Hospitals


MMM ties up with Sri Lankan hospital

M. Ramesh

Chennai , Dec. 21

THE Madras Medical Mission (MMM) has tied up with Navaloka hospital in Colombo.

Under the agreement, doctors from MMM will perform paediatric surgeries at Navaloka. The agreement was firmed up about a month ago and last week doctors from MMM performed six operations on babies in the six months to one-year age group, Dr Mullasari Ajit, Assistant Director and Head of Cardiology Department, told Business Line today. He reckons there would be at least 10 surgeries each month performed by MMM doctors.

A small revenue stream for the Rs 62-crore hospital, but MMM expects to replicate this model in several other countries. The next is most likely to be Tanzania, with which the hospital has close links. MMM prefers the `tie-up model' to setting up its own hospital abroad, which, according to Dr Ajit, has not been found to be successful.

The tie-ups with overseas hospitals are a bid to increase its export revenues. At present, MMM has an active traffic from abroad, mostly from African countries. In the last three years, the number of foreign patients coming to MMM for treatment has trebled to about 10 per cent of total in-patients handled by the hospital. The 200-bed hospital does about 2,000 open-heart surgeries and 3,000 catheterisation laboratory procedures (angios).The number is expected to increase.

Earlier this year, MMM signed a series of agreements with hospitals in many African countries, both for sending patients to MMM as well as for purchase of medicines and equipment.

More Stories on : Medical Institutions & Hospitals | Health | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Job guarantee Bill introduced in Parliament


PIO organisation to honour TCS chief
ISRO cheif elected honorary fellow
`Spending forex reserves not a good idea'
`Govt committed to implementing finance panel suggestions'
`Poverty-free South Asia not an impossible dream'
World Bank's commandments on State reforms
M.P. annual Plan outlay fixed at Rs 7,471 cr
Coimbatore wet grinder industry hopeful of 20 pc growth by 2007 — Seeks distinct identity
Sewage treatment plants designed for houseboats
Indoco chief is new IDMA president
`Drug affordability key issue for Govt'
Kerala steel manufacturers demand continuous power supply
`VAT key to revenue reform'
Cotton mills seek lower customs duty on man-made fibres
AP Govt plan for reviving sick SSIs soon
Packaged water units' plea
Coal India production target hiked to 332 mt
IGNOU gets nod for FM radio
IIT-M alumni to catch up with old times
General awareness programme for school students
`Emotive reasons prompt 50 pc of car purchases'
Tractor industry fortunes on the upswing
MMM ties up with Sri Lankan hospital
Antrix, Measat form jt venture to pool satellite capabilities
AP Govt to hold talks with banks on training youths
AP CM launches tribal development project
Nabard sanctions Rs 240-cr loan for AP rural road projects
TNCCI to organise seminars
ICSI seminar in Hyderabad
National seminar on taxonomy in Thiruvananthapuram
ISB unveils `K-Hub' for SME techies
Tax planners provide third-best returns
Cardamom export may touch 1,000 t this fiscal
US confirms dumping levy on Indian shrimp
Duty cut on seafood leaves exporters happy
Refined soyabean oil imports spurt on low global prices
Travel trade hoping Malaysia will introduce visa on arrival
Tourist arrivals in J&K on the rise



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line