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Q&A: Michael Flemming, MD, Life Healthcare

Joe C Mathew  |  New Delhi 

Michael Flemming

In an email response, Managing Director Michael Flemming tells Joe C Mathew on what the deal means to his company. Edited experts:

Is Life Healthcare's investment in the first such
Yes, this is our first

Are you doing it on your own, or is it part of the Life Healthcare-International Corporation (IFC) partnership announced last year to encourage investments in countries including India?
This is a investment. We work closely with the IFC, who also have an investment in and we are aligned in our strategies as regards investing in selected emerging countries.

What is the value you intend to bring in to Max India? What is the synergistic advantage of this deal from Life Healthcare’s point of view?
will work closely with to transplant its expertise and cutting-edge practices in the areas such as nursing and training, information technology and information, and standardisation of cross facility systems. This deal will provide with an ideal platform to participate in the high-growth Indian private healthcare space.

First Published: Thu, October 13 2011. 00:57 IST