Starting new venture Mango Hospitals. Inviting partners for chain of hospitals in India. They offer super specialty facilities and charge high fees.
The government of India has failed to provide adequate healthcare infrastructure in rural areas. Most private sector hospitals on the other hand prefer to chase profits. Rural India accounts to over 70% of the population, is set to emerge as a potential demand source. This creates business opportunity to establish secondary care hospitals in developing areas with 100k+ population. Secondary Care
Hospital
Healthcare services, at such centres are provided by medical specialists. Secondary health care services include Physicians,general surgeons, Obstetricians-Gynaecologists, orthopaedics and other such specialists. The health care services include Acute care, Short period stay in a hospital emergency department for brief but serious illness. Such hospitals are rightly positioned to cater to primary care and can be upgraded to incorporate some elements of tertiary care. It generally focus on specialties like General Medicine, General Surgery, OBGY, Pediatrics, Orthopedics & Trauma, Ophthalmology, ENT, Dental Surgery, Endocrinology, and Critical Care. High-end services like Oncology, Cardiology, Neurology, Gastroenterology, Nephrology, Cosmetology, etc. might be present to a small extent, but are not their key focus areas. Such hospitals are easily replicable, scalable, flexible, and more affordable. Capital and Overhead costs are lower than typical multi-specialty hospitals, workflows are standardised, operational management is easier, and outreach, pe*******on and patient loyalty higher. The total market for secondary care services in India currently stands at INR 42,000 Cr, and is expected to reach INR 261,000 Cr by 2020. One of the main driving forces for this market is the fact that 80% of ailments can be treated at secondary care hospitals.
