Medanta has no impact on opponents

Regardless of the profitable opening of India’s greatest multi-specialty hospital, Medanta — the Medicity, in Gurgaon a number of months in the past, it’s enterprise as traditional at most hospitals, which had been anticipated to be adversely affected by Medanta’s presence. Business analysts see this as proof that there’s greater than sufficient demand for high quality healthcare amenities even in cities like Delhi, perceived to be saturated.

Even Artemis and Paras, the 2 hospitals in the identical locality, haven’t introduced any modifications in charges. Nevertheless, Artemis is alleged to have provided as much as 30 p.c low cost on outpatient consultations and diagnostic companies.

Apollo Hospitals — which was anticipated to see a sudden drop in sufferers stream, because the Medanta workforce, led by its chairman and cardiac surgeon Naresh Trehan, had been providing their companies there earlier than — claimed they proceed to be full.

Sangeeta Reddy, government director (Operations) of Apollo Hospitals Group, mentioned the hospital has not made any Medanta-linked modifications in its charges. “We have now been engaged in a price rationalisation programme and if any change (discount) in costs have occurred, it’s to not be linked to anything.”

Delhi is the nation’s hottest healthcare market, with probably the most variety of company gamers — Apollo, Fortis, Max, Paras, Artemis — and a bit of established belief hospitals, together with Batra Hospital and Sir Ganga Ram Hospital.

Dr Kushagra Kataria, chief government of the 260-bed Artemis Well being Institute, denied any fee cuts submit launch of Medanta. “Every hospital has its personal distinctive strengths. Our docs, know-how and companies are second to none. We have now 75 per cent occupancy and are doing very properly.”

Paras, one other 300-bed facility in Gurgaon, mentioned Medanta had made no distinction in any respect to them. “I’m very assured in regards to the companies we provide. Worth for cash with high quality of service has been our motto from day one. Our prices have at all times been decrease than different opponents and with the sort of service that we offer, sufferers proceed to be fascinated by us,” Dharmender Nagar, managing director of Paras Healthcare, mentioned.

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