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04-18-2012, 10:45 AM #1
Hinduja Group earmarks Rs 2,500 crore to set up boutique corporate hospitals
The Hinduja Group has earmarked Rs 2,500 crore to set up a chain of boutique corporate hospitals across the country. A boutique hospital can be defined as a facility that has a small number of beds for in-patient treatment, but offering wide-ranging facilities across medical disciplines.
The first hospital of this chain has been set up in the Mumbai suburb of Khar. The Group is planning to open four to five such hospitals in Mumbai over the next few months and will also be opening one such facility each in Bangalore and Hyderabad. Ashok P. Hinduja, Chairman, Hinduja Group, said that he expects the facilities to break even in three to five years of starting operations.
"After serving Mumbai through our P. D. Hinduja National Hospital for 60 years, we have started with our first boutique corporate healthcare hospital - Hinduja Healthcare Surgical - with 106 beds in Mumbai suburb of Khar," Hinduja told reporters. He added that the group has spent Rs 140 crore in the setting up of the multi-specialty hospital which include general surgery, cardiac surgery, neurosurgery, surgical oncology, gynaecology, paediatric surgery and plastic surgery among other treatments. The hospital bed rates vary between Rs 4,000 for twin-sharing and Rs 10,000 for a suite. The hospital has two intensive care units with 16 and 10 beds each, five operation theatres, three neonatal intensive care units and one specially designed birthing suite.
Dr. Vinod Chandiramani, Consultant Surgeon, Medical Director, Hinduja Healthcare said, "The hospital recognises nursing as a highly critical area of professional expertise which has profound and positive impact on the treatment of patients at the hospital. Hence, in terms of the ratio of nurses and junior doctors we are the best in the industry."
The Khar hospital has a patient to nurse ratio of 1:1.
Hinduja also said that he has been approached by private equity companies to fund his corporate healthcare foray, but refrained from taking any names, saying the facilities should complete a few months of operations before bringing in investors.