Suneeta Reddy, MD, Apollo Hospitals said that the hospital chain will increase its bed capacity from current 1,500 to 2,200 beds in the current year.
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.
CRISIL Research has come out with its report on Fortis Healthcare (India). According to the research firm, the company is expected to face challenges given high debt and interest costs wiping out the entire operating profit. Asset turnover of the international business is low compared to peers.
CARE Research has come out with industry updates for Aug 2012. The research firm estimates stable industry growth (for Indian Hospital Industry) prospects on improving industry financials and rising demand for better health services, despite relatively weak economy.