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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
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.
Pent-up demand since the pandemic, a revival in medical tourism, growing insurance penetration—the reasons for the boom in private healthcare are many. It’s also created an odd recent trend. The smallest of the top-five hospital chains by market capitalization has overtaken the largest one in profitability.
David, Narayana Hrudayalaya, has trumped Goliath, Apollo Hospitals, based on earnings for the first half of 2023-24.
The hospital chain—rebranded as Narayana Health in 2013—had listed on public markets in 2016 and had begun a pivot towards the high-growth premium healthcare segment just as the pandemic struck. Its share price graph neatly reflects the …
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.
