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Apollo Hospital

Apollo Hospitals
Private
Industry Healthcare
Founded 1983
Headquarters Chennai, India
Key people Prathap C. Reddy, Founder and chairman
Preetha Reddy, managing director
Suneetha Reddy, Director
Sangeetha Reddy, Director
Sobhana Kamineni, Director
Dr. K. Hari Prasad, CEO – Central Region
Satyanarayana, CEO – Chennai
Revenue INR31.73 billion (Template:INRConvert/USD) (2012)
Employees 10,000 +
Website www.apollohospitals.com


Apollo Hospitals is a major hospital chain based in Chennai, India. It was founded by Dr Prathap C. Reddy in 1983. Apollo is a private healthcare provider in Asia with hospitals in India, Sri Lanka, Bangladesh, Ghana, Nigeria, Republic of Mauritius, Qatar,Oman and Kuwait.Apollo hospitals plan add 2,955 beds across India in the next three years.[1] Several of the group's hospitals have been among the first in India to receive a form of international healthcare accreditation, in their case by the America-based Joint Commission International (JCI).[2] The Hyderabad hospital, headed by Dr. K. Hari Prasad, (CEO – Central, Apollo Hospitals Group) was the first in the world, outside the US, to receive JCI's Disease- or Condition-Specific Care (DCSC) Certification in addition to general accreditation when it received this for its acute stroke treatment in 2006.[3] However, they have not as yet acquired international accreditation from any hospital accreditation group from outside of the USA.

The group has developed services in telemedicine, after starting a pilot project in 2000 in Dr Pratap C. Reddy's own home village.[4] It is now the largest telemedicine provider in India with 71 centres.[5]

The success of Apollo Hospitals has made it the topic for Harvard Business School case study.[6]

Apollo also launched Asia's first operational health city at Hyderabad in 2007. Apollo Health City, headed by Dr. K. Hari Prasad – CEO(Central). Apollo Health City consists of a medical college, multiple super-speciality hospitals, a gym and various other health services.

Group Companies

Apollo Munich Health Insurance: Its a joint venture between Apollo Hospitals and Munich Health, part of Munich Re.

Aircel : Aircel group is an Indian mobile network operator headquartered in Chennai, that provides wireless voice, messaging and data services in India. It is a joint venture between Maxis Communications Berhad of Malaysia and Sindya Securities & Investments Private Limited, whose current shareholders are the Reddy family of Apollo Hospitals Group of India, with Maxis Communications holding a majority stake of 74%.

Apollo Health Street Limited : It offers Business process outsourcing (BPO)and IT services internationally, operating out of three countries – the United States, the United Kingdom, and [four centres in] India (Hyderabad, New Delhi, Chennai and Coimbatore).

Apollo Pharmacies : It is the largest retail pharmacy chain in India with over 1000 retail outlets in India. Apollo Pharmacies is moving towards offering e-prescription based services to the end user and the doctor.

Apollo Health & Lifestyle Limited : Apollo Health & Lifestyle Limited (AHLL) is engaged in establishing a network of clinics in India and neighbouring countries.

MedVarsity Online Limited (MOL): MedVarsity Online Limited is promoted by Apollo Hospitals and NIIT Ltd. MedVarsity has developed over 1500 hours of medical content that is accessible to the medical community anytime and anywhere.

Apollo Telemedicine Enterprises Limited (ATEL) : Apollo Telemedicine Enterprises Limited has developed the 'Apollo Telemedicine Network' that allows the participant sites to collaborate with institutions in the country and abroad and provides their clientele access to better healthcare in areas not adequately served by the medical community.

Family Health Plan Limited (FHPL) : The company deals in the healthcare insurance sector and is the largest Third Party Administrator (TPA) in Asia.

Equipment World : Equipment World sources and selects medical equipment, catalogues and provides advice and services on technology, techno-commercial issues.

Keimed.com Limited : Keimed.com Limited is a unified national pharmaceutical procurement and supply chain management company for a wide range of medical goods, consumables, drugs, surgical, health and personal care products.

Sri Lankan representative office

Apollo Hospitals India Representative Office Sri Lanka Medref Services : This is a medical tourism service provider in Sri Lanka for the patients who travel to Apollo Hospitals India for medical treatment. It is located at 102A, Horton Place also known as Parliament Road in Colombo 07 formally known as Cinnamon Gardens.[7]

This was established by Apollo Hospitals to represent them in Sri Lanka after they left Sri Lanka in 2006.[7][8] The organisation is one of the major medical tourism service providers in Sri Lanka.[9]

Airport project

The group was in talks with an international group to set up a super speciality hospital at an international airport. There were reports that the hospital major was in talks with GMR group to set up a hospital at the airport. It had already set up a medical centre at the Indira Gandhi International Airport in New Delhi.[10]

Tie-up with XLRI

Taken up as part of Apollo's Talent Management Programme, the Apollo-XLRI duo would offer two courses – PG Certificate in General Management and Executive Diploma in General Management and Healthcare. The classes would be delivered through a video link from XLRI's Jamshedpur campus to the six learning centres of Apollo group, Mr E. Abraham, Director of the management institute, said.[10]

Recognition

The Apollo Hospital was honoured by having a stamp created in their name on 2 November 2009[11]

The group's "Billion Hearts Beating" campaign,[12] a national communication campaign of the Apollo Hospitals Group and the Times of India, won the "Global Award for Brand Excellence" of the "Campaign of the Year Award" at the World Brand Congress 2010 at Mumbai.[13]

See also

References

Further reading

  • Rama V. Baru, Privatisation and corporatisation, 2000:paper 489, Seminar Publications, New Delhi, accessed at [4] 11 November 2006

External links

  • Apollo Telemedicine Networking Foundation
  • Apollo Health Street
  • Apollo BGS Hospitals, Mysore – Website
  • Apollo Hospital's Medical Journal Website
  • Apollo Global Projects Consultancy Division

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