New Delhi, August 08, 2015: Apollo Health and Lifestyle Limited (AHLL), a wholly owned subsidiary of the Apollo Hospitals Group, acquired Nova Specialty Hospitals in early 2015. Now, it is all-set to re-launch the facilities under the name of Apollo Spectra Hospitals which will be synonym for ‘simplified quality healthcare’. Through this launch, AHLL endeavours to ensure that the patients get access to comprehensive, affordable and personalised quality healthcare. Spanning across 7 cities – Bangalore, Chennai, Delhi, Jaipur, Kanpur, Mumbai and Pune, Apollo Spectra Hospitals is ably supported by over 700 leading doctors who are known for their clinical excellence.
From consultations & surgeries at convenient neighbourhood locations to providing world class facilities, highly experienced doctors & latest technology, Apollo Spectra will undoubtedly enhance the reach, quality and outcomes of healthcare services in the country. Apollo Spectra’s health management and preventive care plans are custom-designed around every patient’s unique requirements.
Commenting on the launch, Mr Neeraj Garg, Chief Executive Officer, Apollo Health and Lifestyle Ltd. said, “ Apollo Spectra’s evolution is guided by a ‘patient-centric’ approach. The exclusive surgery center model minimizes hospital acquired infections resulting in elimination of unnecessary hospitalization and remarkable medical outcomes. Given the immense potential and the need for quality healthcare delivery closer to home, Apollo Spectra enables AHLL to significantly expand its’ footprint and will catapult it into a leadership position in this segment of healthcare. Apollo Spectra is strengthened by the introduction of quality systems built on Apollo’s deep expertise in the hospitals space. We believe this format has strong potential and with the brand equity of Apollo, combined with rich hospital expertise we bring to bear, AHLL will nurture this business significantly in the next few years.”
Mr. Sudhir Diggikar, Director (Secondary Care), Apollo Health and Lifestyle Ltd. said , “Apollo Spectra endeavors to provide world-class treatment and is the only healthcare service provider equipped to undertake over 1100+ surgical procedures across all major specialties. Apollo group has always been proactive in offering healthcare to meet the changing patterns of diseases and constantly strives to make quality medical care accessible to all. Through this launch, AHLL delivers on its promise to create newer ways to deliver high quality healthcare, through enhanced service delivery models, which will benefit the entire health eco-system including its physicians & patients.”
Apollo Spectra is a multi-specialty, fully-equipped surgical facility which has world class treatment facilities, internationally acclaimed doctors, state-of-the-art technology and comprehensive treatment & care. Apollo Spectra strives hard to establish centres of excellence in Orthopaedics, Obesity, Urology, MIS and ENT. It also offers specialized and comprehensive treatment for Gynaecology, Vascular Surgery, Paediatric Surgery, Gastroenterology (Surgical and Medical), Endocrinology, Plastic & Cosmetic Surgery, Cardiology, Dermatology, Dental, Ophthalmology, Maxillofacial Surgery and Emergency.
Apollo Spectra provides quality healthcare for patients from all over the world including the USA, Europe, Africa, the Middle East and South East Asia. This boutique hospital goes an extra mile by taking care of patient’s medical, personal and logistical needs – right from greeting them at the airport and handling registrations up until their discharge. Clinical excellence being Apollo Spectra’s founding value, the centre provides leading doctors, superior technology, highest standards of safety protocols and minimally invasive procedures which help its patients recover faster.
Please find below the highlights-
- Apollo Spectra will be approx. 40% of AHLL revenues in FY16
- Growth plan of Spectra – streamline and focus on 6 National Institutes of Excellence and revenue growth FY16- 160 crs
- Investment of Spectra- on medical equipment, infrastructure, people training
- 135-145 crs – Cost of acquiring Nova Specialty Hospitals
- Projected business growth in next 5 years- 500 crs
- 11 centers by FY16 – 9 present currently, will add 2 by the year end
- Current revenue of Spectra stands at approx. 140-160 crs
CCI Newswire
