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DM Healthcare - Growth Profile


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The project is on Dr. Moopen’s Group ( DM Healthcare ), the largest chain of healthcare conglomerates in West Asia started in 1987 by Dr. Azad Moopen.

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DM Healthcare - Growth Profile

  1. 1. BUSINESS PROJECT Topic: growth profile of a company - Yashaswini Agarwal 2012
  3. 3. INDEX Sno. Topic Page No. 1 Services Rendered 2 2 Growth 4 3 Corporate Governance 7 4 Future Developments 8 5 Bibliography 9 6 The End 10
  4. 4. Dr. Moopen’s Group ( DM Healthcare ) is the largest chain of healthcare conglomerates in West Asia started in 1987 by Dr. Azad Moopen, a doctor turned entrepreneur. Currently it employs over 3,000 people in the GCC which includes 5,500 dedicated doctors, nurses, pharmacists, paramedics and support staff and touches the lives of over 7 million patients every year. It is now 25 years since Dr. Azad Moopen established his name and place in the health care sector of the region. DM Healthcare now has over 100 medical entities as Hospitals, Poly Clinics, Pharmacies and Diagnostic Centers under two distinctive brands - ASTER and MEDCARE - with footprints across the UAE, Qatar, India, Oman and Saudi Arabia. VISION To become the leader in the delivery of quality healthcare at an affordable cost in the geographies they serve, by establishing the largest network of medical facilities, with a dedicated team of healthcare professionals who excel in care and compassion.
  5. 5. CORPORATE GOVERNANCE Mrs. Nazeera Azad is the Vice – Chairman and the Managing Director, with signatory authority in the organization, especially in the daily operational activities of the pharmacy division and other verticals and as a corporate joint signatory. She is the heart of the organization, maintaining personal and cordial relations with the doctors, their families and senior staff. The management team of DM Healthcare consists of : Anupam Verma – CEO Kartik Thakrar – Assistant General Manager, Finance & Accounts Ms.Gracy Mathai – Head Administration & Quality Dr. Rajendra Patankar – General Manager Operations Mr.Manish Sharma - Sr. Business Development Manager Ms.Maitreyee Bhattacherjee – Manager Operations Dr.Ulhas Damale – Managing Director, Aadhar Hospital Dr.Manoj.R.M – Medical Director, Aster Eye Care The Executive Committee : T.J.Wilson – Group Director – Finance & Administration Dr. P.M.M.Sayed – Group Medical Director Dr. Sanjiv Malik – Executive Director –Hospitals & Consultancy , DM Healthcare Ala Attari – CEO, Medcare Hospitals Anupam Verma – CEO, DM Healthcare Pvt. Ltd. India Mrs.Nazeera Moopen
  6. 6. GROWTH OF DM HEALTHCARE Dr. Moopens Group (DMG) began its journey from Middle East in Year 1987 by setting up a Flagship Clinic in Dubai with two doctors. With the growing demand of the population to deliver comprehensive healthcare, Dr Moopen started a pharmacy in Bur Dubai, adjacent to the clinic for the regular supply of medicines to his patients in the year 1989. The first specialist centre of the group was started in the year 1995. The first diagnostic centre of the group was set up in the year 1999. This centre was later JCI and CAP accredited. In the year 2002, Dr. Moopen’s Healthcare Management Services LLC was established, the primary holding company under which all the entities of DMG were incorporated. This company was formed to bring all the projects of DMG under one umbrella and ensure delivery of ‘standardized’ healthcare & services. Until 2004 the group grew at a slow and steady pace. Year 2005 marked a new beginning in DMG historical growth. The first hospital of DMG, Al Rafa Hospital for Maternity & Surgery LLC was commissioned in Dubai. Year 2007 witnessed addition of 60 bed Medcare Hospital to DMG network. Within 8 months of its commissioning this hospital received JCI accreditation.
  7. 7. DMG entered into strategic and financial relationship with leading Indian private equity firm India Value Fund (IVF) in Year 2008. DMG was re- christened as DM Healthcare Private Limited (DMH). In the year 2008 DMH acquired majority stake holding in 80 bedded Aadhar Hospital, Kolhapur, India. A new 250 bed multi-specialty hospital is under construction and is planned to be commissioned in September, Year 2011. 35 bedded Al Rafa Hospital, Muscat was commissioned in the year 2009. 60 bed Aster Hospital, Sohar, Oman commissioned in June, 2010. In Year 2010 Group has acquired 40 acres of land in Cheranellur, Kochi to set up its iconic project ‘Aster Medcity’. The construction of the project started in April 2011.They are building Aster Medcity which will match highest standards of healthcare delivery across the world. It will be a conglomeration of multi-super specialties led by renowned & acclaimed medical practitioners drawn out from across the globe. It is an iconic project, with a core hospital integrated with 9 centers of excellence in phase one. In Year 2010, Group initiated a comprehensive ophthalmology chain across India. First centre of this chain commissioned at Faridabad under the brand name “Aster Eye Care”. Universal Brand of DM Healthcare, ‘ASTER’ was launched in April,2010. Aster means ‘The Rising Star’, and represents a family of flowers.
  8. 8. 38 70 1 5 7 DM Healthcare Network Aster Medical Centre Aster Pharmacy Aster Eye Care Aster Daignostic Centre Aster Hospital Aster Network in India and GCC
  9. 9. SERVICES RENDERED Aster Eye Care offers comprehensive services from routine vision exams to the latest advances in the treatment of eye disease. The eye centres are supported with the latest in eye care technology, keeping in mind the patient's needs. All the facilities and conveniences have been designed keeping the patient in mind. The flagship eye care centre of DM Healthcare Group at Faridabad is a premium specialized eye care clinic. Today in light of it successful establishment at Faridabad, a second centre at Lajpat Nagar in New Delhi, has recently commenced its services. Medcare Hospital has a full fledged Emergency department, 25 Outpatient consultancy rooms. ICU, NICU, Delivery suites, Endoscopy Room and Day Surgery Unit. The Diagnostic Center Features advanced laboratory and imaging equipments like the Open MRI, CT scan, Mammography, 4D Ultrasound and Fluoroscopy. The hospital offers both inpatient and outpatient care which covers a wide range of medical and surgical specialties. Aster Medical Centres offer a full range of medical services from general medicine, pediatrics, dentistry, to specialty services like endocrinology, cardiology, neurology, gastroenterology, pulmonology, dermatology, etc. It is a corollary of expansion integrating the current brands of clinics, polyclinics, pharmacies and diagnostic centres at 95 locations under one name
  10. 10. Aster Diagnostic Centre is a centralized laboratory and Diagnostic division of the group and is the first laboratory & diagnostic center accredited by the Joint Commission International (JCI) in the Middle East. Aster Pharmacies form one of the largest networks of retail pharmacies in the UAE. They have more than 20 years of experience in pharmaceutical retailing, aster pharmacies are one-stop-shop for healthcare products, offering quality medical and allied products at the best prices in a refreshing ambience. Aster Pharmacies also have qualified staff who can guide customers on diet, nutrition and medical equipments. His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, presented felicitation certificate to Lab Director of ASTER Diagnostic Centre (Medinova) in Dubai,
  11. 11. FUTURE DEVELOPMENT The DM MedCity in Kochi, is an iconic and ambitious project launched by DM Healthcare with an investment of INR 1,500 crore. Work on phase I of the project has already commenced on over 40 acres of land, at an estimated investment of INR 500 crore. The ambitious project is expected to trigger a reverse brain drain of healthcare professionals from abroad to India and complement the huge potential of health tourism in the country. The Medcity will include: • General Hospital • Institute for children • Institute for women • Cardiology and Cardiac Surgery • Institute for oncology • Orthopaedics and Spine Surgery • Neurology and neurosurgery • Gastroenterology and Hepatology • Nephrology and Urology • Plastic and Aesthetics
  13. 13. THANK YOU