Apollo Hospitals Medical Tourism business to expand

Apollo Hospitals Enterprise Ltd (AHEL) is expecting its business from international patients to double in the next three years.

International patients pay a premium for treatment over the domestic charge, said company officials. At present, 10-15 per cent of revenue is from foreign patients and the company expects this to go up to 25 per cent in two years, says the management.

It would focus on select centres, including the proposed Navi Mumbai hospital, expected to open this month for international patients. It would attract more of them due to the location and connectivity to other countries, said Suneeta Reddy, managing director, in a recent earnings call with analysts.

A majority of the international patients are from neighbouring countries, Africa and West Asia. Apollo will try to expand the reach to more countries, including Britain, said a senior official. The inflow of patients from the countries where it is already present itself will see an increase during the period, he added.

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