In a push to privatise healthcare, the Andhra Pradesh government has transferred management of the Rs 3.5-crore Police Welfare Fund to the Apollo Hospitals group.
The fund's corpus has been collected from the states police personnel. The Apollo group will manage the fund and also take care of the health needs of the 1 lakh-strong police force and their families.
The personnel will not be expected to pay for the service received from Apollo's hospitals and other hospitals that will form part of the network. Apollo has shortlisted 14 hospitals.
Also Read
It may be recalled that Prathap C Reddy, chairman, Apollo group, had announced plans to enter health insurance when the sector is thrown open for private operators. The move to take over the fund's management is seen as a precursor to an actual foray into the business.
A broader operational framework is also being readied. An integrated three-tier structure is being formed to make its services available across the state. At the grass-root level, doctors and clinics will form part of the chain. The next level shall consist of diagnostic centres which will treat patients referred to by the primary-level doctors/clinics. While some centres could be Apollo's own, others could be franchisee medical establishments.
The apex le
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
