Wed, 18 Apr 2012 09:33:37 GMT

Hinduja Group to set up network of ‘boutique' hospitals

Mumbai: The healthcare segment is gaining greater importance in the Hinduja Group, said Mr Ashok P. Hinduja, unveiling the Group's plans for a network of “boutique” hospitals.


Hinduja Group to set up network of ‘boutique' hospitals

The Group has ear-marked Rs 2,500 crore over a two-year period to grow its hospitals network, said Mr Hinduja, Chairman of the Hinduja Group India and the youngest of the Hinduja brothers.

For the Group, Hinduja Healthcare is a diversification into the boutique or high-end services sector of corporate hospitals that provides more personalised medical care in a luxurious environment, he said, at the launch of its first boutique hospital under the Hinduja Healthcare umbrella at Khar, in the western suburb of Mumbai. The diversified Hinduja Group has a presence across sectors including finance, transport and energy.

Despite initial family misgivings on getting into healthcare as a business, the Group eventually decided to get into the corporate boutique sector, he said. At a project cost of about Rs 140 crore, the Khar hospital is a 109-bed, multi-speciality facility, with 26 intensive care units (ICUs). The Group plans to set up about six more such hospitals across the city, Mr Hinduja said. He said that there were plans to have similar hospitals in Bangalore and Hyderabad as well. There are foreign investors keen on the sector, he added.

The new boutique hospital has the highest ratio of beds to ICU, said Dr Vinod Chandiramani, Medical Director, Hinduja Healthcare. It also addresses the crunch of hospital beds in Mumbai, that sometimes cause surgeries to be delayed, he added. The hospital has a separate building to handle out-patient requirements, explained Chief Operations Officer Dr Vishal Beri, during a walk through the new facility. The per bed cost is about Rs 90 lakh, he said, and its single room tariff at Rs 6,000 a day, is comparable to a corporate hospital in the city, he added.

There are 200 nurses and doctors, respectively, at the new facility.

Source: Business Line

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