GE and Cancer Treatment Centers of India to offer cancer services

GE Healthcare, a unit of General Electric Company has formed a strategic partnership with Cancer Treatment Services International (CTSI) to launch a chain of 25 cancer care centers in India. Over a period of five years, the two companies will jointly invest $120 million to set up these centers. The centers will offer state-of-the-art technology for the diagnosis and treatment of cancer at affordable prices, replicating the standards of care found at the world’s leading cancer hospitals.

The cancer care centers will come up across the state of Andhra Pradesh and will progressively expand throughout the country. Per the agreement, GE Healthcare will supply the equipment while CTSI would be responsible for management of medical personnel, treatment and other ancillary services. Following a hub-and-spoke model, each center will be linked to a hub through a sophisticated information technology network supported by a transnational team of doctors and administrators. The hub will provide diagnostic imaging and treatment capabilities, while each center will deliver a range of screening, staging and treatment alternatives.

CTSI offers comprehensive clinical and administrative solutions for treatment of terminal diseases. It presently operates four cancer hospitals in the U.S., making high-quality cancer care accessible at affordable prices. Its healthcare delivery model has proven to be successful in the U.S. and it plans to replicate the success in countries like India, where cancer treatment is still relatively inaccessible and costly.

Currently, India reportedly has at least three million cancer patients, with an addition of 1.23 million new cases every year. As per GE Healthcare estimates, three patients perish in every two minutes due to this deadly disease. The high mortality rates are primarily due to late detection, lack of access to advanced healthcare facilities and high costs related to treatments.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

5 comments

1 Cancer Doctors in Mumbai { 05.27.14 at 4:43 AM }

A very good initiative. Such kind of partnership will not only produce high quality medical expertise and advanced technology but will also help to diagnose, treat and allow early detection of disease. In fact India is now home to a team of well qualified oncologists. Now a days Hospitals in Mumbai like Cancer Healer Center are well equipped with qualified doctors and alternative treatment for cancer. This led India to receive maximum of its international medical tourist from USA, UK and UAE.

2 jack { 07.21.14 at 2:32 AM }

Yes cancer patients in India are increasing everyday and various hospitals and doctors are trying to cure this disease. With new technologies these treatments should also be made affordable so that people can easily have those treatments.

3 jack { 07.23.14 at 5:15 AM }

Number of cancer patients in India are increasing everyday as you have mentioned also. It is good that new hospitals and cancer treatment centers are inventing in the country. I get to know that there is also new therapy named as Immunotherapy which is practiced by Cancer Healer Center in Delhi and getting good results but doctors say that results may vary from person to person.

4 loi duflot { 07.25.14 at 2:54 AM }

Great delivery. Outstanding arguments. Keep up the great effort.

5 Punit Kumar { 08.10.17 at 9:54 PM }

Yes. Excellent Article.

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