Apollo Hospital Group to run IGMH in privatisation deal
24 Jan 2010, 6:11 PM
Mazin Rafeeq
The ministry of health and family has announced a 15 year agreement with Apollo Hospital Group to manage Indira Gandhi Memorial Hospital (IGMH) in Male’.
The deal was signed on behalf of the government by Health Minister Dr Aminath Jameel and Dr Preetha Reddy, who represented Apollo Hospital Group.
Apollo estimates it will need to spend US$25 million to bring the hospital up to global standards, according to the Economic Times, an Indian newspaper.
A statement released by the ministry claimed the objective of the deal is to improve health services while keeping prices stable.
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