Indian private hospital chain Apollo has named Dr Madhu Sasidhar as the president and CEO of its hospital business.
Dr Sasidhar’s appointment is the culmination of a planned transition that commenced with his joining Apollo as chief strategy officer in October last year.
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He will replace the hospitals’ outgoing president Dr K Hari Prasad, who is stepping down after a 27-year stint at the organisation.
In the new role, Dr Sasidhar will be responsible for overseeing Apollo’s hospital business and will work on efforts to offer enhanced clinical outcomes along with improved patient care experience.
Apollo Hospitals Group founder chairman Dr Prathap Chandra Reddy said: “I am pleased to welcome Dr Madhu Sasidhar to the Apollo family.
“He brings global experience along with a unique combination of administrative excellence, deep clinical understanding and technology expertise. These will be instrumental in Apollo’s next phase of rapid growth.”
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By GlobalDataEarlier, Sasidhar held several positions at Cleveland Clinic, including Cleveland Clinic Tradition Hospital’s president.
As practicing physician, he is US board-certified in internal medicine, pulmonary, and critical care medicine.
He also brings expertise in big data systems and is the holder of a patent for technology he invented through Cleveland Clinic Innovations.
Commenting on the new role, Sasidhar said: “It is an honour to join a legendary institution like Apollo that has defined the playbook for the entire healthcare Industry in our country.
“I look forward to supporting the vision of our chairman Dr Prathap Reddy, our MD Ms Suneeta Reddy and other executive directors and Apollo’s talented leadership team to bring world class care to more patients in India and around the world and set new benchmarks for quality, compassion and high-end care.”
In the third quarter of fiscal year 2024, Apollo Hospitals registered a consolidated profit after tax (PAT) of Rs2.45bn ($29.49m), a 60% surge from Rs1.53bn in the prior year.
