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The hospital chain’s model of high-quality healthcare delivered efficiently at low cost has multiplied its profits. However, sustaining this will need more than just Devi Prasad Shetty’s immense drive.
A public listing will help clean up the hospital chain’s balance sheet after the costly Sahyadri acquisition. But depressed metrics, integration risks and lofty valuations make this far from a clean turnaround story.
Healthcare is one of the fastest growing sectors. For young professionals, the sector offers a spectrum of opportunities beyond medicine, spanning hospital operations, data analytics, corporate strategy, and digital health.
On the surface, Narayana Health’s latest acquisition holds promise. But a closer look suggests that the UK’s Practice Plus Group will need a bit of a turnaround before it can start yielding results.