DaVita not to partner with Alliance Medicorp - mydigitalfc.com PDF Print
DaVita, a renal care provider based in the US, has backed out of its plan to partner with Alliance Medicorp, the joint venture between Apollo Hospitals and medical technology provider Trivitron Healthcare. Now the joint venture will expand its network of dialysis clinics on its own.

Alliance Medicorp was in advanced level of talks with DaVita to partner in its dialysis venture. Alliance Medicorp has three standalone premium dialysis clinics in Chennai, Delhi and Dehradun. It also operates dialysis centres under public private partnership for central government health scheme beneficiaries in Delhi.

On the other hand, DaVita operated or provided administrative services at 1,841 outpatient dialysis centres in the US as on March 31, serving approximately 145,000 patients. The company also operated 15 out patient dialysis centres located in three countries outside the the US.

“We were in talks with DaVita for association with Alliance Medicorp. But then they backed off. Now we are going alone with the expansion,” said Pratap C Reddy, chairman, Apollo Hospitals.

According to VS Venkatesh, CEO of Alliance Dental, the JV is in the process of opening three standalone dialysis clinics in Bangalore, Chennai and Hyderabad. By the end of the year, there could be 10 standalone clinics.

“Each centre needs an investment of Rs 6 crore to Rs 8 crore. We are chalking out plans on the funding. We are also open to go for external funding if needed,” he said.

Both Alliance Medicorp and Dentalcorp are 70:30 joint ventures between Apollo and Trivitron.

Apollo, on the other hand, is also launching robotic surgery facility in more number of hospitals. At present, the four robotic surgery centres in Chennai, Kolkata, Ahmedabad and Delhi have completed 55 surgeries. Apollo’s Bangalore and Hyderabad hospitals too will have robotic surgery facilities soon, said Reddy.

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