The company's healthcare facility at Saket in South Delhi is among the hospitals which have been issued show cause notices by the National Pharmaceutical Pricing Authority (NPPA) after preliminary investigations over stents pricing.
"We have not overcharged even a single patient for stent. We have complied fully and immediately with the NPPA order on stent pricing," a Max Healthcare official said in response to queries by PTI.
"We are positive that we will be able to demonstrate our compliance to NPPA order on the ceiling price of coronary stent," the official added.
"After preliminary investigations, show cause notices issued to Max, Saket, New Delhi and Nidaan Multispeciality Hospital, Sonepat, Haryana," NPPA said in a tweet.
It had earlier said it was investigating overpricing complaints against hospitals such as Lilavati Hospital (Mumbai), Max Saket (New Delhi), Metro Hospital (Faridabad), PGI Chandigarh, Ram Murti Hospital (Bareilly), and has alerted the concerned State Drug Controllers.
Comments from the other hospitals could not be immediately obtained.
NPPA had yesterday warned hospitals, stent manufacturers and importers of legal action in case they are found spreading "misinformation" about shortage of the medical device in the wake of price cap.
The 8 per cent margin also adequately covers hospital handling charges, if any, the regulator had said.
In a major relief to patients, the NPPA last week slashed prices of coronary stents by up to 85 per cent, capping them at Rs 7,260 for bare metal ones and Rs 29,600 for the drug eluting variety.
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