Vishal Bali, the CEO of Fortis Hospitals, has relinquished his post to take charge as head of Fortis Global Healthcare (FGL) in Singapore, Bhavdeep Singh, the CEO of listed entity Fortis Healthcare Ltd, is resigning from his post on personal reasons. A company spokesperson said the developments were not related.
Wockhardt hospitals has launched the "patient care rights" in India, becoming the first hospital in the country to launch such an initiative aimed at establishing the rights of every person who is in receipt of medical care at its facilities to prote
Home healthcare remains a niche segment in India even today. Nightingale provides services, starting from family physicians, short- and long-term nursing care, post-hospitalisation care and physiotherapy to stroke rehabilitation, respiratory care, bedside caregivers and attendants, intensive care at home, lab tests and speech therapy.
"In India, the sector will grow to $10 billion by 2018," predicts Vishal Bali, co-founder, Medwell Ventures, in an interview with Apurva Venkat.
Better margins, lower interest outgo could see the company turn profitable in FY15.
With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India's second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds. Therefore, any international or domestic hospital chain that buys Fortis will simply catapult to the numero uno position.
After the advent of the US Affordable Care Act, popularly known as Obamacare, US insurance companies plan to encourage medical tourism.
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