MedAchievers Ivy League Volume 1 - Page 54

THE BIG IDEA ACHIEVEMENTS Medicover is backed by a Swedish family and the family's values are evident in all aspects of the business, particularly in its relationships with its patients and its employees. We are highly respected and the largest healthcare organisation in Central and Eastern Europe. Medicover is a highly respected European healthcare service provider, dedicated to providing care of the highest quality. We offer world-class services based on sophisticated clinical skills, advanced technology and equipment. Started in 1995, with a team of 20, Medicover is now the one of the largest private healthcare providers in Central Eastern Europe. The Company presently operates in 14 countries via its own 100 clinics, 4 hospitals and 80 diagnostics laboratories. In addition Medicover partners with more than 3000 medical centres to provide care in areas where does not have own centres. Medicover employs 12,500 people globally. Medicover revenues exceeded €480 million in 2015. Medicover is one of the largest private sector employer of medical professionals in Europe. We provide and coordinate all primary and specialty care, diagnostic testing, hospital services and follow-up care. Our core mission in India is to deliver worldclass healthcare services deeply rooted in our core values and legacy. Medicover pledges a new level of care based on compassion, sophisticated clinical skills and advanced technology and equipment. Most signicantly, every unit within the Medicover group of businesses is built on a genuine intent to help people improve and maintain their health. Every employee is guided by the needs of individual patients. Commercial considerations do not supersede our objectives. With the major shareholder a non-prot foundation, Medicover has the desire to improve and enhance the well-being of those it serves. Our patients see us as the only private healthcare company that is able to satisfy a wide range of health needs, advise the best solution and coordinate healthcare delivery at the same time. THE BUSINESS MODEL We have already expanded in Central Eastern Europe over the last 20 years and have become a world class leader in most of the specialized healthcare segment. Considering the booming in-vitro fertilisation (IVF) treatment market in India which is expected to grow at a CAGR of 20% from 150,000 cycles in 2015 to 260,000 cycles in 2020, the healthcare service opportunities here are huge and one has great opportunity to expand in this sector. We have the opportunity to bring in our expertise and our high end quality and transparent services to cater to the Indian market. Medicover is set to be the rst single European family-owned organisation bringing in 100% investment in healthcare delivery. We plan to open over 50 clinics to treat fertility issues in India and aim to earn $100 million (Rs 650 crore) in next three years. We are starting with 5 centres across Delhi-NCR and will launch about 10 centres in total by next year, covering most of northern India. We plan to expand our presence in Punjab, Uttar Pradesh, Haryana, Uttarakhand and then enter Maharashtra and Rajasthan market in the coming years. We are committed to bring in the best of the best for our patients in terms of doctors, clinicians, trained embryologists and highly skilled fertility nurses. Our ambitions are higher. After we will make our impact in the Indian market catering to the parental needs of the childless couples we will expand our services over the time and will continue to invest in other segments of healthcare as well in the years to come. MY JOURNEY KNOW ME He has done Advanced Management Programme from Wharton Business School University of Pennsylvania. He is an M.B.A. from Xavier Institute of Management and guest speaker at various reputed forums like I.I.T.,I.S.B., Fuqua School of Business-Duke University and CII. He is a Healthcare Council Member of Gerson Lehman Group. He is also a mentor & strategic advisor to many healthcare start-ups, Private Equity investors as well as established healthcare companies. Mr. Gaurav Malhotra is the Managing Director and C.E.O. of Medicover Healthcare a leading European healthcare group. He was earlier M.D & C.E.O. of Bourn Hall International which had won Frost & Sullivan Healthcare Excellence award for 2014 and Best Single Speciality Brand of the year in 2015 which is a reection of clinical and commercial excellence under his dynamic leadership. He is a member of the Corporate Advisory Board of prestigious SRM University & Health Start a healthcare incubator. He has twenty one years of experience in healthcare domain, in leading business and change management across MNCs, start-ups, joint ventures and re-engineering organisations. He is the Charter Member of TiE-Delhi. He has been awarded 2015 IMA Medachiever Leadership Award for achieving excellence in Healthcare. He was the M.D. & C.E.O. of Patni Healthcare Ltd. He was the Founder & C.E.O. of Medfort Hospital which achieved Top 4 Eye-Care Player leadership position in India in just two years of its inception. He was the Managing Director and Board member of all the acquired healthcare companies for providing strategic and operational direction to ensure delivery of sustainable protable growth. He was the Business Head-South Asia for Bausch & Lom