We are pleased to share that an exclusive interview of our CEO, Mr. Raj Gore has been featured in The Economic Times publication, one of the India’s top business publication titled ‘Healthcare Global Enterprise to focus on footfalls, asset use to increase profit’. The coverage appeared in multiple print editions in cities like New Delhi, Mumbai, Bangalore & Kolkata.
The interview highlights on Healthcare Global Enterprise (HCG), India’s largest specialty cancer hospital chain, focusing on enhancing footfalls, improving asset utilization and expand margins to boost profitability. The Bengaluru-based cancer care provider has been in scale-up mode setting up new cancer centers till FY19, but just as it was trying to ramp up operations at new centers, it was hit by covid related headwinds. With the pandemic wearing off, HCG is seeing strong momentum in growth and profitability. The company said it was targeting 18-20% return on capital employed in the next 2-3 years from the current 14%. HCG saw 23% YoY growth in H1FY23 to ₹828 crore.
Mr. Raj Gore in the interview said “About 60% of patients with cancer are diagnosed not by oncologists, but by the general practitioners and other specialists, With covid receding, we launched number of initiatives to create awareness on cancer, and other marketing activities through a combination of digital and offline in our catchment areas, that has helped us to get new patient registrations”.
Below is the link to access the story:https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/healthcare-global-enterprise-to-focus-on-footfalls-asset-use-to-increase-profit/articleshow/96207652.cms?from=mdr