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New hospital group to launch in central India

A new hospital group, Hamsa Soham, is to launch in the central Indian states of Bihar, Orissa and Jharkhand in the fourth quarter of 2017. Founder Dr. Ravi Singh, who previously worked as Paras Healthcare’s regional director, says the group wants to focus on the maternity sector in second and third tier cities.
November 29, 2016

Profits – and share price – fall at Life Healthcare

Shares in the South African group Life Healthcare were flat this morning, after falling last Friday following news of an 11.6% fall in after-tax profit in FY 2016 results. Margins fell to 27.5% in Southern Africa and 10.2% in Poland as the rand depreciated and the Polish government cut cardiac tariffs by 17.4% this year. Operating performance, however, was largely strong, contributing to a 12% increase in sales to R16.4bn (US$1.14bn) and 6.6% in EBITDA to R4.3bn (US$0.3bn).
November 14, 2016

Spotlight on labs: India and Brazil

We look at labs in India, and profile the big lab and imaging groups in Brazil. Future articles will also look at the sector in China and across SE Asia and Africa.
November 11, 2016

Interview: Dharminder Nagar, Paras Healthcare – Affordable healthcare for India’s middle class

India-based Paras Healthcare is specifically targeting India’s flourishing middle classes and looking to provide affordable healthcare to a section of the population it says is being overlooked by bigger players. We speak to managing director Dharminder Nagar, who has made the journey from doctor to hospital administrator, and now entrepreneur, about how to succeed in India, and Paras plans for the future.
November 11, 2016

Thyrocare’s five-year plan to quadruple sales

Mumbai-listed lab group Thyrocare has presented a five-year expansion plan that should take the company from 7 to 25 labs and from 1,200 to 5,000 service franchises by 2020. According to targets, sales will be up 20% to Rs300cr (US$45m) in 2016 and should hit Rs1,000cr (US$150m) by 2020.
November 8, 2016

INTERVIEW: Kaushik Sen, CEO, Healthspring, India

Can you make money out of a primary care network in India? There is no question that, generally, primary healthcare in India is "broken". Kaushik Sen, CEO of Mumbai-based Healthspring thinks he has the answer - a new primary care network. But can it ever turn a profit and if so how? We talk to Sen about his success to date, and plans for the future.
October 24, 2016

India Value Fund in pole position for Keralan KIMS

Native private equity group India Value Fund Advisors (IVFA) is in a pitched battle with a Temasek of Singapore-led consortium for the Kerala Institute of Medical Sciences (KIMS), India's fourth largest hospital chain.
October 13, 2016
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