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Apollo healthcare ties-up with US based Wellcare

 
 
Apollo Healtchare, one of the largest chain of hospitals has tied-up with Wellpoint, the US based health insurance company. This move has also been approved by Joint Commission International, the hospital certifying agency in US. Now, Apollo hospitals can expect its share of foreign patients will go up with influx of US patients. Currently, around 17 % of its patients are foreign and they contribute around 28% of their turnover. Their current projection is to get around 25% foreign and a corresponding increase in their share of revenue to 40%. By 2012, they turnover could cross a billion US $ mark.
 
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