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Apollo Hospital Group to get more into management of hospitals

Our Bureau, ChennaiTuesday, December 4, 2001, 08:00 Hrs  [IST]

The Apollo Hospital Group will be investing around Rs 25crore for upgrading facilities in hospitals owned by it. Focus will be on equipping these hospitals with multi-slice CT scan and third generation linear accelerator. The group will also be upgrading its oncology center in Chennai. A communiqué from the hospital states that the Group was astutely leveraging its human resource capital and systems switching from ownership to management of hospitals. In this regard, the Group has already firmed up plans to manage a specialty hospital in Pune, a 300-bed hospital in Raichur and a 250-bed hospital in Bangalore. This apart, it would expand activities in Kolkata. The Group, it can be recalled, has already taken up the management of three hospitals, one each in Bilaspur, Mysore and Indore in the last two months. Further, it has also taken up management of two hospitals in Dubai. The Group recorded a turnover of Rs. 176.8 crore in the first half of the current fiscal. This was 19.54 per cent higher than in the corresponding period in the last year. The profit before tax stood at Rs.22.39 crore.

 
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