INDIAN HOSPITALS
CORPORATION Ltd. (IHCL), the pioneer in bringing the concept of world class
healthcare to India was established in early '80s by Dr. Prathap C. Reddy,
a practicing Cardiologist of over two decades and a half of experience
in USA, UK and India. Publicly funded and commercially oriented, multi-speciality
hospital was his brain child and the Apollo Hospitals Enterprise at Madras
is the forerunner of the Apollo Group setup by the highly professional
IHC which has acted as the Group's nucleus for more than a decade.
The pioneering
concept of investor owned hospital was an instant success and brought to
surface a deeply felt need for medicare of very high international standards.
As was to be expected, the successful Apollo Model immediately attracted
the interest of many an entrepreneur in the country.
In the short period of thirteen years the Apollo Vision has embraced
many related fields of activity. The Group is into retailing of pharmaceutical
products and hospital supplies, medical insurance, trading in healthcare
equipment of repute, software systems for hospital administration, and
so on.
The Group has
also extended its activity to a number of unrelated activities and a more
recent addition being a company that offers a wide spectrum of financial
services. IHC is presently poised to expand its activities substantially
which will increase its presence nationally through its pharmacies,
day care medical centres etc.
In all of
Group's expansion and diversification programs, IHC has played the central
role and continues to be the moving spirit and a guiding force. IHC is
the largest healthcare consultancy organization in India working to international
standards and is developing a score of major hospitals in various parts
of India, in partnership with state governments and highly respected business
houses and trusts.
IHC is the
largest hospital consultancy company outside the USA to own and manage
hospitals. With more than a decade's experience, in corporate health care,
IHC owns five state-of-the-art tertiary care multi-speciality hospitals
in the metros including the fourth largest corporate hospital in the world,
Indraprastha Apollo, New Delhi and two speciality care centres for cancer
treatment in Madras and Hyderabad. Apollo Hospitals in Madras is the first
hospital in the country to have been awarded ISO 9002 certification. This
is in consonance with IHC's mission of bringing international quality of
healthcare into India and its strategy to achieve an all India presence
through the Centres of Excellence in the major metros and then the smaller
cities and towns and finally to reach the rural areas.
IHC's services
have been requisitioned by foreign promoters in Nepal, Bangladesh, Sri
Lanka, Malaysia, Dubai etc., for setting up similar tertiary care
hospitals. Projects are already in progress in the capital of Nepal, Bangladesh
and Sri Lanka. Very soon Malaysia, Indonesia, Bahrain and other neighboring
countries are expected to be added to the existing list.
Apollo Hospitals
at Madras and Hyderabad were set up by IHC with tertiary care facilities
of all disciplines. Most modern facilities and state-of-the-art equipment
of all specialities available in these hospitals under one roof, were an
instant success and achieved two very important gains. Not only was the
trend of seeking expensive treatment abroad reversed, with attendant foreign
exchange savings, but also, practicing doctors abroad of Indian origin
who saw an opportunity to return to the motherland and practice in modern
high-tech environment they were used to, were attracted to these
hospitals. The valuable experience gained with this pioneering experiment
is today being replicated in hospitals that are being set up for clients.
IHC is proud to have played catalytic role in upgrading the entire medicare
scenario of the country by setting very high standards of medical services
that are second to none in the world.
Prompted by
the desire to extend high quality medicare beyond the confines of urban
limits, IHC has drawn up plans for setting up Diagnostic cum Medical Centres
which will offer state-of-the-art diagnostic and treatment facilities.
IHC has targeted scores of such medical centres by 2000 which will coincide
with the commissioning of a number of multi-specialty Apollo Hospitals
around the country that will make tertiary care accessible to one and all.
It is hoped that by early next century an Apollo Medical Centre or an Apollo
multi-speciality hospital will not be further than a few hours journey
from anywhere within India.
Besides hospitals project management consultancy and operational management, IHC has also got expertise in running state-of-the-art pharmacies. IHC owns a chain of 25 pharmacies in the major metros and is expected to own a hundred pharmacies by the turn of the century. IHC has also introduced health insurance for the first time in the country. IHC has also pioneered the concept of managed care which IHC believes will aid in the formation of high quality provider network while ensuring standardization and high quality of service across the Indian subcontinent. It is a vision of IHC that managed care will eventually control the various sub systems of healthcare industry and IHC plans to be well ahead of the race.
As a part of IHC's growth plans, it is also proposed to establish life style clinics in the smaller cities and towns, to propagate preventive and periodic health checks for the entire spectrum of the population.
The Group's two main strengths are its conceptual ability and sensitivity
to opportunities. These have enabled its rapid growth and expansion; an
expansion that is purposeful and timely in meeting the latent need of the
suffering public. The Group's Chairman has philosophized that to treat
the suffering is important, but to prevent suffering is even more of an
obligation to society. This has found definite expression in the marketing
thrust of the Group. Expensive but essential diagnostic facilities enable
early detection and spare the patient pain and expense. But most importantly,
citizens;- not patients are increasingly encouraged by the Group Hospitals
to get special checks to understand their state of health through several
well conceived diagnostic packages. The Hospital's interaction with the
public through the medical profession has laid great emphasis on prevention.
This concept serves as a forerunner for Health Maintenance Organization
to follow.
contact:
ihcl@vsnl.com
sasidhar@nda.vsnl.net.in