Medanta Group 1
Medanta Group 1
Medanta Group 1
ENTREPRENEUR
In November 1969 he moved to USA and became a first-year resident at the Thomas Jefferson
University Hospital in Philadelphia.
Trehan was the founder, executive director and chief cardiovascular surgeon of Escorts Heart
Institute and Research Center (EHIRC), which opened on Okhla Road, Delhi in 1988. Presently,
Trehan is the Founder Chairman of Medanta - The Medicity one of the largest multi-specialty
hospital at Gurgaon, Haryana established in 2009. Trehan has been president of the International
Society for Minimally Invasive Cardiac Surgery.
As chairman of Global Health Private Ltd., Trehan is overseeing the building of an integrated
health care facility in Gurgaon, India, currently referred to as MediCity. MediCity will spread
across 43 acres (170,000 m2) of land and is fashioned after institutions such as Mayo Medical
School and Johns Hopkins Hospital. Collaborating with Siemens and other financial partners,
MediCity aims to combine modern medicine with traditional medicine and holistic therapies
His mother was a gynaecologist and father was an ear, nose and throat specialist, both of them
practised in Lyallpur until the partition of India His family belonged to Sri Hagobindpur near
batala. He was born left-handed but due to stigma, his Hindi tutor broke his left hand to force
Trehan to write with the right hand
Trehans mantra is business with a soul. He wants it to be known that he isnt interested in
maximising returns for the hospital at the cost of his patients. Hospitals should be happy making
a return of 10 to 12 percent instead of 25 to 30 percent.
Entrepreneurial Journey
It is hard to overlook Medanta, the Rs 1,200 crore multi-super speciality institute, abutting the
Delhi-Gurgaon Expressway, where its chairman and managing director Naresh Trehan is writing
a new prescription for success. Like a man possessed, the cardiac surgeon-turned-entrepreneur is
working hard to match the highest standards of healthcare delivery across the world, courtesy his
dream project. Specifically on the lines of a Mayo, Cleveland, Harvard and John Hopkins in its
basics. Medanta intends to go beyond what any conventional medical institute has attempted,
the renowned heart surgeon says.
Its been less than six months since the facility commenced operations and the results have been
encouraging. The hospital is running to 100% occupancy something what conventional
healthcare facilities normally achieve in 2-3 years time. Around 300 doctors and 1,100
paramedics have already joined the integrated healthcare facility comprising a hospital, a
research centre and a medical and nursing school.
Patients from developed markets such as the US and European countries have also started
trickling in, lured by the affordability factor. Treatment for diverse therapeutic areas such as
cardiac, cancer, kidney transplant, diabetes and plastic surgery is being made available at onetenth the cost of what is offered in the West. And given Trehans reputation, critical specialities
like cardiac care are already running to full capacity.
Medanta has also generated excitement in the Rs 1,50,000 Indian healthcare market. Our
healthcare costs are already 15-20% lower than the current market rate, Trehan says, adding,
Medanta will make the highest-end healthcare affordable to the masses, including the weakest
sections. Already, the hospital offers 5% free and another 20% as subsidised treatments.
Healthcare analysts say that Medanta is following a specific pricing strategy to take on its
competitors such as Apollo, Fortis Hospitals, Max Healthcare, among others. It aims to cater to a
large patient pool and hence will be able to keep its prices down. Thus, cardiac surgery, which
normally costs around Rs 2.5 lakh in other locations, would be made possible at least Rs 30,00040,000 cheaper at Medanta.
Muralidharan Nair, partner, life sciences practice, Ernst & Young says, To achieve 100%
occupancy in less than six months of operations is incredible. Normally, it would have taken 2-3
years for any other hospital to achieve that scale of operations. According to him, Indian
healthcare market is increasingly becoming price-driven and if Medanta is able to sustain its
price advantage, other big hospitals in the National Capital Region
ENTERPRISE
Medanta's mission is to offer the best and the most reliable pharmacy built upon honesty, trust
and commitment using contemporary technology. At our pharmacy, we constantly strive to
integrate with the community we serve and treat our customers with respect and dignity.
Customer-focused service and brand values make preferred partner for their medicine needs.
Medicines are delicate items. If not stored at the right temperatures, they will lose their potency.
We strive to make it safer for consumers to purchase medicines. We source and sell only
reputable medicines from the most trusted manufacturers. We even employ highly trained
pharmacists to provide you enhanced levels of customer care.
Medanta - The Medicity provides a wide range of pharmaceutical products, surgical, disposables,
anti-cancer, lifesaving and general healthcare products and nutritional supplements. Our priority
is to stock an entire range of pharmaceutical and medical products, and delivering them
efficiently to our customers. Our backup facility helps us serve our customers with critical
medicines.
Wide range of pharmaceutical items, surgical & disposables, anti-cancer, life saving and
general healthcare products
We comply with the procedures and rules mentioned in the Drugs & Cosmetics Act, 1940
Computerized billing discloses the expiry date and batch numbers of medicines
Institutes of Medanta
Medanta Heart Institute Cardiology Division:
Medanta Institute of Neurosciences
Medanta Bone & Joint Institute
Medanta Kidney & Urology Institute
Medanta Cancer Institute
Medanta Institute of Critical Care & Anesthesiology
Medanta Institute of Digestive & Hepatobiliary
Medanta Institute of Minimally Invasive
Medanta Institute of Transplant & Regenerative Medicine