Thursday 20 July 2017

Apollo Hospitals to add over 2,000 beds in next three-year expansion plan

Company plans speciality beds for cardiology & cancer, will expand to new cities


After crossing a target of 10,000 beds capacity, Hospitals is gearing for the next stage of an that would see an addition of around 2,000 beds. The hospital chain is in the final stage of its current three-year expansion plan, which targeted to add 2,500 beds.
"I think doesn't sleep. It works round the clock and we are completing the three-year plan of adding 2,500 beds now, which will be completed with the proton centre. But we will have another three-year plan. We need more beds because of the huge problem of NCDs (non-communicable diseases)," said Prathap C Reddy, executive chairman, Hospitals Group.
In the next stage, the company would have speciality beds for cardiology and cancer, would expand to other cities where it does not have the presence and also to increase the beds in cities where it is already present in, he said.
"Investment for the present expansion is completely covered. When it comes for the next expansion, people are willing to give us money, they trust us," added Reddy. He was speaking on the sidelines of launching Memory and Headache and Migraine Clinics, set up in its hospital in Chennai.
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