Most of the hospital projects, totalling around 1,500 beds, have been executed in Nepal and North India
TR Life Sciences, a leading hospital management consulting firm, has successfully delivered 40 hospital and other healthcare consultancy projects across the country in the last five years, while 15 new projects are underway.
The hospital projects, totalling over 1,500 beds, have been executed in Nepal and states like Bihar, Jharkhand, Madhya Pradesh, Haryana, Delhi-NCR, Punjab, Gujarat, Uttar Pradesh, Uttarakhand, Rajasthan, and Maharashtra.
Said Dr Gopal Sharan, MD, TR Life Sciences, New Delhi, “Successfully executing 40 projects, most of them in tier II and III towns across North India, is a huge milestone for us in five years. This showcases the huge unmet need that exists in the hinterland for handholding entrepreneurs with cutting-edge advice and expertise to set up small-size hospitals of up to 350 beds. It is immensely satisfying for us to contribute to the creation of state-of-the-art healthcare infrastructure beyond the big cities and elevate the standards of care available to patients. Our vision is to improve healthcare standards and medical outcomes in tier-II and tier-III cities in India.”
Dr Sharan added, “Since our inception in 2018, we have been experiencing robust growth in the small hospital segment, riding on the back of our services like project planning and advisory, operations management, business model and feasibility study, financial planning and budgeting, structuring advisory, clinical technology assessment, architectural design, fundraising, healthcare startup advisory, and mergers and acquisitions.”
Recounting the milestones, he said, “In 2020, we developed inhouse new-age hospital information system and business intelligence tools. Two years later, we expanded our service offerings by adding project designing, project advisory, and automation for clients. This year, we have ventured into projects to set up specialized cardiology centres, both standalone and inside hospitals, in Tier II and III towns to meet the huge demand.”