Apollo appoints new president and CEO of hospital division
Indian non-public hospital chain Apollo has appointed Dr. Madhu Sasidhar as president and CEO of its hospital enterprise.
Dr. Sasidhar's appointment is the fruits of a deliberate transition that started when he joined Apollo as Chief Technique Officer in October final 12 months.
He’ll change the hospitals' outgoing president, Dr. Okay. Hari Prasad, who’s stepping down after 27 years with the group.
Within the new position, Dr. Sasidhar can be answerable for overseeing Apollo's hospital operations and can work on efforts to ship higher scientific outcomes together with an improved affected person care expertise.
Founder and Chairman of Apollo Hospitals Group, Dr. Prathap Chandra Reddy, mentioned, “I’m happy to welcome Dr. Madhu Sasidhar to the Apollo household.
“He brings world expertise, together with a novel mixture of administrative excellence, deep scientific perception and technological experience. These will play an essential position in Apollo's subsequent part of fast development.”
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Beforehand, Sasidhar held a number of positions at Cleveland Clinic, together with president of Cleveland Clinic Custom Hospital.
As a practising doctor, he’s board licensed in inside drugs, pulmonary drugs, and important care drugs.
He additionally brings experience in large knowledge techniques and holds a patent for expertise he invented via Cleveland Clinic Improvements.
Commenting on the brand new position, Sasidhar mentioned, “It’s an honor to hitch a legendary establishment like Apollo, which has outlined the playbook for your complete healthcare sector in our nation.
“I stay up for implementing the imaginative and prescient of our chairman Dr. Prathap Reddy, our MD Ms. Suneeta Reddy and different Government Administrators and Apollo's gifted management crew to ship world-class care to extra sufferers in India and world wide and set new benchmarks for high quality, compassion and high-end care. ”
Within the third quarter of fiscal 2024, Apollo Hospitals posted a consolidated revenue after tax (PAT) of Rs2.45 billion ($29.49 million), up 60% from Rs1.53 billion within the earlier 12 months.
