Apollo to have 150 multi-specialty clinics by Oct, 2014

NEW DELHI, Aug 28: Healthcare major Apollo Hospitals Enterprise today said it will take the strength of its multi-specialty clinics to 150 by October 2014.
“As part of our retail healthcare sector expansion plans, the number of our multi-speciality clinics will go up to 150 by the end of two years,” Apollo Hospitals Executive Director Operations  Sangita Reddy told.
The company, which currently has 87 clinics, will be investing Rs 63 crore for this expansion, she added.
“We will also be opening cosmetic surgery centres, day surgery centres so that we can target high-end work in our hospitals,” Reddy said on the sidelines on healthcare event ‘FICCI Heal 2012’.
On the financing of the expansion, she said it would be through a mix of debt and internal accruals.
The healthcare major is also adding 3,000 beds to its hospital chain in the next three years at an investment of Rs 1,800 crore.
At present, it has over 8500 beds across over 50 hospitals and is also running 11 nursing and hospital management colleges. It currently also has 1,364 pharmacies across the country.
When asked if the group intended to hive off its retail pharmacy business into a separate entity, she said: “There are no immediate plans at present”.
The company plans to focus on high-end work in hospitals in core areas of oncology, cardiology, transplants, neurosciences and orthopedics, she added. (PTI)