The word Agility represents the power of moving quickly. Itdenotes nimbleness briskness; activity; and quickness of motion. At Apollo it also meansthe power of innovation. The ability to transform a noun to an adverb because that is whatApollo did!
Together with the ability to innovate it signifies the ability to bedynamic and importantly for healthcare it denotes the evolution of care to support allour patients in the most challenging times we have seen in several decades. Whileresilience is invisible it is inculcated in our culture in our value system. It is thecombination of resilience and agility that has resulted in the new Apollo Healthcaredelivery that goes beyond our infrastructure fiscaling clinical protocols embracingdigital health and working to protect and serve societies by sharing best practices. Wehave been especially agile in bringing quality Apollo care to the masses in India throughTelemedicine. In doing that we have successfully broken geographic boundaries andincreased access to healthcare. No other hospital in India has the range of healthservices that we offer through this medium.
The last fifteen months have clearly been one of the most challengingperiods in our 37-year history a period which placed unprecedented demands on healthcaresystems everywhere around the world. But it has also been an exceptional and definingperiod for the sector placing it at the forefront of the national narrative. In my careeras a clinician for over six decades I have witnessed doctors battling disease everysingle day together with their patients. There have been crises situations that causedgreat panic emergencies and alongside enormous joy every time a medical miracle wasachieved and a precious life was saved almost miraculously. The COVID-19 crisis howeveris an unparalleled medical crisis of a kind that I have never witnessed before as a doctor. It is one of the toughest challenges we have faced as a country.
Project Kavach - Our Response to COVID-19
Project Kavach is our Hospitals' multipronged strategy which weused to handle the pandemic. Under this we deployed several unique strategies such as anAI-based Covid-19 screener the digital 24/7 integrated App for teleconsultations which welaunched at the onset of the first wave collection of samples from home for diagnosticsat-home health monitoring services and medication delivery a multi-stakeholderpartnership to provide medical care in hotel rooms across the country and methods torapidly update care protocols across our entire network to help reduce speed oftransmission and mortality. In the process of looking after 63000+ patients in ourhospitals with outstanding clinical work we have not lost touch with ground reality. Mydeep gratitude to the doctors and nurses and the team that made this possible.
I must commend the Government of India and the different StateGovernments for their efforts to contain the pandemic be it in augmenting capacity fortesting or driving a mammoth vaccination programme with two Made in India vaccines the very best example of Atmanirbar.
The Future of Healthcare
The future of healthcare infrastructure is going to be founded ontechnology. The new paradigm has to be patient-centric. The convergence of AI and Biotechtogether with Research and Innovation will create personalised curated healthcare forindividuals helping them lead long productive lives.
Public Private Partnerships in healthcare delivery need strong support.We have worked with 16 state governments and the Center during the pandemic and havestrong PPP models in several states to deliver telemedicine.
Apollo 24/7 our digital healthcare platform is a transformationaloffering. It is India's first Digital Omnichannel which places the consumer first inits value chain of offerings. The App makes Apollo expertise available to everyoneregardless of their physical location. Secure on-line consults consultation bookingsmedicine orders from an Apollo Pharmacy close to their home for delivery at their doorstepin two hours are some of its key features.
Non Communicable Diseases
Non Communicable Diseases cardiac diseases strokes diabetesand cancer are a big threat to the health of our nation. It is estimated that 1 in
10 Indians suffers from an NCD and that is very worrying especially asthe prevalence is increasing amongst the 2555 year-olds. Every 7th mortality inIndia is due to an NCD. India cannot afford this devastation. However NCDs arepreventable. An end-to-end approach to combat NCDs has a prime focus on preventivehealthcare. Timely detection with personalized care and risk prediction can help mitigatepotential health issues at an early stage.
Apollo ProHealth is our proactive and personalized healthmanagement system which we have launched using the learnings from the roughly 22 millionhealth checks that we have carried out in our hospitals. Using Artificial Intelligence andhealth analytics to predict and prevent health risks through appropriate clinical andlifestyle interventions it keeps people out of the hospital. It offers a plan to make youhealthier tomorrow than you are today.
All our initiatives have resulted in strong financial results that I amhappy to share with you. We weathered the impact on Outpatient and Surgical volumesbecause of the pandemic impact which eased over the second half of the year. There was arevival in patient footfalls and Non-COVID occupancy across our network which translatedinto good financial performance. Our Revenue stands at Rs.105600 mio. Healthcare Serviceshas contributed 50% to our Topline and Standalone Pharmacies 44%. Overall the EBITDA(Post Ind AS 116) stood at Rs. 11374 mio. I am delighted to announce a dividend of Rs.3.00 per share.
At Apollo we have made agile modifications in the delivery of criticalhealthcare services to fulfill our mission of bringing quality healthcare to the commonman the reason we set up our first hospital 37 years ago. This is our business purpose. Inthe pursuit of this purpose we have played an important role in improving health outcomesthroughout the country and in building a productive workforce.
Healthcare continues to support the health of the country and itseconomy. With the right support it can do for India what IT did in the 90s in creatingjobs building world-class products delivering outstanding services and earning foreignexchange. We have the potential to become the hospital for the world.
As we break into the new digital frontiers in healthcare delivery Iwould like to thank the Board members for their trust and unfailing support in ourjourney. I have to thank you the shareholders for the tremendous trust you have reposedin us. Without your support we will not be able to face unexpected challenges or ventureinto new realms in healthcare delivery. And last but not least I thank my Apollo Familymembers who have stood with us like rocks on our journey together. Much of what we haveachieved would not have been possible without their support.
The pandemic has reinforced now more than ever the importance of goodhealth.
Let me remind you to take good care of yourselves. Also getvaccinated; it is important to stay safe and healthy.
My warm personal regards to all of you Stay safe. Stay Healthy.
Dr. Prathap C. Reddy
Executive Chairman Apollo Hospitals Group