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B S Ajai Kumar, CEO, HealthCare Global Enterprises Ltd; image credit: HCG
Synopsis
The past few years have been tough for HealthCare Global Enterprises. However, the company witnessed a turning point when PE firm CVC Capital agreed to acquire a majority stake in it. With a new CEO at its helm, focus on business consolidation, and the worst of Covid-19 crisis behind it, is HCG poised for a reversal in fortune?
When oncologist B S Ajai Kumar returned to India in 2003 from the US, his vision was to create world-class cancer-care hospitals with advanced technologies and high-quality treatment at affordable rates for patients. Kumar had a flourishing practice in the US after he completed his residency at University of Virginia Hospital and obtained his degree of Doctor of Medicine (MD) at the most reputed cancer hospital in the world — MD Anderson
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