Nova Medical plans Rs 500 cr growth
At a time when health care is beginning to be out of reach for many patients, a development in the field of medicine may be a small solution. Outpatient surgery.
Outpatient surgery, a pioneer in the United States is often referred to outpatient surgery. Many of them open early and close the office would be like any other night. Although this model can help reduce costs to some extent is expected to reduce the number of post-surgical infections.
Ambulatory or short stay surgeries are procedures that take 24-72 hours from admission to patient discharge. In 90 per cent of the cases, the patient goes home within 24 hours of the surgery.
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New Medical Center, an independent group outpatient surgery, presented the plans for the establishment of 25 centers across India and West Asia in March 2013 the current fifth for this extension, he sketched a RS 500 plan crore investment. The chain does not intend to go into any debt.
Nova develops, owns, acquires and operates ambulatory centers, in collaboration with surgeons across India. According to the website of the company, was its initial public offering of New York private equity company GTI Group LLC and Dr. Mahesh Reddy, who is currently the CEO of Nova medical centers. NEA, which has expertise in health care, has also invested in it.
According to Suresh Soni, President, New Medical Centre Pvt Ltd, “The model provides a cost advantage for patients when the cost of surgery is 25-30 percent below rates charged by hospitals in the company. “Nova was about 130 types of outpatient procedures now.
U.S. has more than 5,000 ambulatory surgery centers that have arisen over the past 15 years.
They have no beds. They only have recovery beds. A large part of hospital operations have moved to these facilities.
Health insurance companies have come to accept over the interests of ambulatory surgery.
“The insurance companies now provide 24 hours of hospitalization the norm in most of Nova procedures because they are beginning to realize the cost advantage of having an outpatient procedure,” said Dr. MG Bhat, medical director of clinical Nova.
Source: [Business Standard]
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