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CK Birla group to enter pathology lab business will expand by franchising

Guest post by: Dhawal Shah

Article Overview: The GP-CK Birla group's BM Birla Heart Research Centre is venturing into the pathological laboratory businesswith a national chain of franchised centres. The chain, tentatively named Birla Diagnostic, will be launched soon. Chief operating officer of the hospital, Suyash Borar said: "We will be rolling out 20 pathological laboratories in Eastern India in the next 12 months. These will be on the lines of the best pathological labs in the country."

CK Birla group to enter pathology lab business will expand by franchising

Most of the laboratories would be franchised. "We will own two of these while rest will be franchised," Borar said. The centre was the first hospital in India to get accredited by the National Accreditation Board for Hospitals & Healthcare Providers. It has also secured the accreditation of the College of American Pathologists (CAP) for its pathological laboratory. "The lab can now get samples even from outside the country," said a CK Birla group's spokesperson.

The CAP serves nearly 16,000 physician members and the laboratory community throughout the world. More than 6,000 laboratories are accredited to the CAP, and approximately 23,000 laboratories are enrolled in its proficiency testing programmes. According to estimates, there are more than 40,000 independent pathological laboratories with the Rs 3,000 crore medical diagnostics market in India. Each day, 22 million pathological tests are carried out across the country, of which only 1 million are done at accredited laboratories.

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Article Tags: BM Birla Heart Research Centre, business Opportunity, CK Birla, Franchise India, Healthcare Franchise, Pathology labs, Suyash Borar



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