Advet Bhambhani Ventures (ABV), a Dubai based healthcare service provider plans to set up luxury hospital chain in India. The group, which runs a network of medical centres, day surgery hospitals and a dedicated doctor-on-call service in West Asia, will set up all-suite hospitals in the metros and a few other cities. ABV runs its healthcare services under three key brands—Nucleus Medical and Diagnostics Centre, Lifeline Healthcare and 800 Doctor. ABV has set up a local unit of Nucleus Medical Centre in Mumbai to test the market.
Home-grown corporate hospital chains including Apollo Hospitals, Fortis Healthcare, Max Healthcare Ltd and Wockhardt Hospitals Ltd have been raising their market share, two non-resident Indian groups —Dubai-based Aster DM Healthcare Llc and Abu Dhabi-based NMC Healthcare—have established a presence in the country. According to a health expert, although the model that will be followed by Nucleus Hospitals is different from the existing mass or multi-segment model of the established healthcare companies, it will add to the changing dynamics of India’s healthcare delivery business.
Indeed, hospitals in Singapore and US are popular with this segment. Therefore, it will be a first-of-its-kind initiative.