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Max Healthcare looking beyond NCR for expansion

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Bharat Matrimony

New Delhi Feb. 4 The new two-member team responsible for Max Healthcare's investments of Rs 890 crore are looking at `Horizons' beyond the National Capital Region.

Mr Mukesh Shivdasani, Executive Director and Dr Parvez Ahmed, Executive Director - Medical Operation, the two men who have been entrusted with the running of Max Healthcare's current 11 hospitals, are overseeing the four that the company plans to set up.

But those are the plans for the NCR region and for the company's expansion phases `Horizon I' and `Horizon II'.

However, the second phase would include moving to other parts of the country. Max Healthcare, which is already believed to be finalising land in Bihar will move westward, to Ahmedabad and possibly Surat and Mumbai and then eastward.

However, Dr Ahmed says that in the near future there's enough to be done in the NCR region with patient per bed ratio currently at a low 1,00,000 to one. "The greater requirement is for qualified, trained personnel and a good quality of care," said Dr Ahmed. "And we plan to make Max hospitals adopt a patient centric system, and have all our hospitals connected using tele-radiology to provide the best of what we have to offer at any single site," he added.

A100-bed hospital in Gurgaon is expected to be operational in three months, followed by a secondary hospital in Dehradun and expansion plans for the multi-speciality hospital in Patparganj. Max has also acquired land behind their current hospitals in Saket, for a possible Mother and Child Hospital that should be ready in the summer of 2009. "The new businesses outside NCR could be greenfield projects, or even partnerships.

The nature of partnerships, whether we will be providing the software and manage existing infrastructure, or whether it's a financial arrangement will remain flexible," said Mr Shivdasani.

More Stories on : Outlook | Medical Institutions & Hospitals

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