Apollo Hospitals is planning to aggressively open new pharmacies, said Suneeta Reddy, MD, Apollo Hospitals.
Past two-three quarters have been challenging with demonetisation, goods and services tax (GST), price cap on stents and what not. In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises, spoke about how things are looking right now.
The government has capped prices of orthopedic knee implants at a significantly lower rate than current market rates. In an interview to CNBC-TV18, Suneeta Reddy, Joint MD of Apollo Hospital spoke about the latest happenings in her company and sector.
India also has a clinical advantage, says Preetha Reddy, executive vice-chairperson of Apollo Hospitals. "Our outcomes are as good if not better than some of the developed nations. That is what is attracting people to India," she told CNBC-TV18.
In an interview with CNBC-TV18, Preetha Reddy, Executive Vice Chairman of Apollo Hospitals said that the new Navi Mumbai hospital will become functional by year-end or early next year.
Explaining the rationale behind the Nova deal, Apollo Joint MD Sangeeta Reddy told CNBC-TV18‘s Nigel D‘Souza and Sumaira Abidi that such short-stay surgery clinics were the â€œway of the futureâ€.
Telangana or Andhra Pradesh, both states would have to ensure conducive business environment for industries Sangita Reddy, MD of Apollo Hospitals said.
Apollo Hospital will soon establish a Proton Therapy Center in Tamil Nadu that will augment cancer offering to patients and is likely to be commissioned by FY18, CFO Akhileshwaran Krishnan told CNBC-TV18.
Apollo Hospital is in talks to take over Lifeline multi-specialty hospital in Old Mahabalipuram Road in Chennai. AK Krishnan, CFO, Apollo Hospital told CNBC-TV18 that there will be around Rs 50-60 crore of total investment going into this. "Our plan is to put this for use over the next three-four months", he added.
In this edition of CNBC-TV18‘s The Forbes India Show, Dr Prathap C Reddy, executive chairman, Apollo Hospitals Enterprises, considered to be one of the pioneers of the modern corporate healthcare movement in India, explains the stark realities and the optimistic expectations of the future of the healthcare sector in India.
In an interview to CNBC-TV18, Prathap C Reddy, executive chairman, Apollo Hospitals gave the details of the deal with IBA and why the company is keen on setting up better facilities in India. Reddy also mentions that the deal will not affect the business economic of Apollo Hospitals but rather add value.
Akhileshwaran Krishnan, CFO of Apollo Hospital, says currently there are no immediate plans to bring a partner into the business or explore the FDI option.
Integrated (Mauritius) Healthcare Holdings, an arm of Malaysian sovereign fund Khazanah Nasional Bhd has converted GDRs worth Rs 213 crore into equity shares in Apollo Hospitals.
K Padmanabhan, group president of Apollo Hospital joins CNBC-TV18 to talk about latest happenings in his company and - FDI in retail.
Healthcare chain Apollo Hospitals is all set to pump in Rs 900 crore into the business via QIP. Speaking exclusively to CNBC-TV18, CFO AK Krishnan says that the QIP mix though yet to be decided, will be to materialise expansion of approximately 2,400 beds across various locations including Bombay.