“Inflation is very heavy on the medical side, both wage and equipment inflation, and also in medicine, consumables, etc., we have seen inflationary trends. So we are trying to cover inflation partially through our own efficiencies and partially through price hikes,” she said.
The company is focused on expanding its reach and improving affordability in the Indian healthcare sector.
She believes that while access to healthcare is improving, affordability is still a challenge for the ‘missing middle’—those who don’t qualify for government schemes but can’t afford high medical costs.
Narayana Health has launched its ‘missing middle program,’ providing affordable care at a lower cost.
Narayana Health has been cautious in terms of mergers and acquisitions (M&A) in India due to high asset prices that make it difficult to provide value to customers. However, Sandhya mentioned that the company is open to M&A opportunities abroad, especially in the Caribbean, though there are no major deals being pursued at the moment.
Narayana Health has made significant investments in robotic surgery, with 12 robots currently deployed across its hospitals. In the first half of this year alone, over 900 robotic surgeries were performed. While the cost of robotic surgeries doesn’t significantly lower the procedure’s cost due to consumable expenses, the technology offers significant benefits in terms of reduced recovery time for patients.
Also Read | Hospital chain Narayana Health aims for 60-65% occupancy in FY25
The hospital group is actively expanding its robotics program to reach more people and advance its capabilities in this advanced medical field.
As Narayana Health continues to explore new opportunities both domestically and internationally, it remains focused on making healthcare more affordable, accessible, and efficient through strategic investments and technological innovation.
The current market capitalisation of the company is ₹26,317.58 crore,
For more details, watch the accompanying video
Catch all the latest updates from the stock market here
