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Interview: Dr Shuchin Bajaj, co-founder of Cygnus Hospitals in India: How to succeed in semi-urban areas

Five years ago, a group of doctors working in Northern India looked at the major hospital chains around them and thought ‘we can do this better’. Six years on from setting up Cygnus Hospitals, a mixture of clever cost-cutting and sensible spending, selective recruitment, timely patient turnaround and low-priced procedures has seen the group open a chain of 11 “superspeciality” hospitals in Northern India, with over 1,000 beds and a 1,600-strong medical workforce. We spoke to Dr Suchin Bajaj, a founding director of the group, as he looks to encourage investment into his business as it continues to expand.
August 24, 2016

Overall revenues up at Bupa – but Bupa Global’s profits decline

Overall revenues at Bupa are up according to its half year results – with only Bupa Global notably blotting the copybook with a decline in profits. Here is what Bupa had to say to Healthcare Europa and Nova about those Bupa Global figures - and their views on the thinking behind the recent sale of Bupa Home Healthcare to Celesio in the UK - together with a summary of the half-year report.
August 17, 2016

Indian renal care provider NephroPlus wins state PPP contract

Indian low-cost dialysis network Nephroplus is to provide dialysis sessions in 13 new centres attached to district hospitals in the southern state of Andhra Pradesh under a PPP contract. The group is now planning to raise $15m (100 crore) to fund new expansion plans that would double its network.
August 16, 2016

Hair clinic chain with roots in India looking to private equity for growth

A chain of hair and scalp clinics in India is reported to be in early talks with private equity funds to raise Rs.100 crore (USD$15m). Richfeel Health and Beauty Pvt.Ltd, which promotes itself as providing “India’s most advanced hair and scalp treatment”, is understood to be looking to fund expansion plans both at home, and abroad, and West Asia is reported to be a target.
August 15, 2016

FREE BLOG Latam countries thriving despite recession

Despite, or perhaps because of the recession, prospects for private healthcare services in Latin America are good. The financial crisis in public healthcare is forcing governments to rethink attitudes to the private sector and to open up the sector to external investors. And new, innovative models are emerging. In this 6,000 word report we give a detailed analysis of the six main markets – Brazil, Mexico, Argentina, Chile, Peru and Colombia, and over the next few days we'll be profiling those major players, country by country.
August 12, 2016

Qualitas: Looking to expand into Myanmar

With less interest in India, the Malaysian primary care group, Qualitas Medical, would consider exiting the market should an appropriate deal emerge, according to executive director Karim Dhala. Its attention has shifted to Myanmar, where “it could be on the ground by next year,” and Vietnam, where it’s conversing with interested parties.
August 12, 2016
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