Singles are hot: Why private equity firms are increasingly investing in these hospitals
Live MintMumbai: Delhi resident Harsha Singh, 31, often visits her family in the city of Mughalsarai, Uttar Pradesh, near Varanasi. “Most single-speciality hospitals are generally started/owned by specialist doctors who have built a high market reputation over years of practice in a certain region," Visalakshi Chandramouli, managing partner of Tata Capital Healthcare Fund, explained. The AHH Way For nearly a decade now, AHH’s Bali has been pouring money into single-speciality hospitals, which he has long-held are a better long-term bet in the business of hospitals, particularly in India. But AHH is betting that a dedicated hospital chain can bring in patients looking for high-end, higher-margin robotic, laparoscopic, or even organ transplant work, which is generally confined to multispeciality hospitals. Large hospital chains such as Apollo and Max Healthcare have reported ARPOBs of ₹55,000-80,000, while single-speciality hospitals such as cancer care chain HCG Global reported ARPOBs of ₹40,000-45,000, indicating there is lots of room for growth.