Apollo Hospitals Names Vishal Lathwal as CEO of Homecare Business

India’s Apollo Hospitals segment is poised for tremendous growth, expected to become a $21.3 billion industry by 2027.

Apollo Hospitals on Tuesday announced that it has recently onboarded Vishal Lathwal as the Chief Executive Officer (CEO) for its homecare business.

According to the company’s statement, in his new role, Vishal will be responsible for driving the company towards the next phase of growth, backed by his visionary approach to business, and an in-depth understanding of the home healthcare space.

“With over 15 years of professional experience spanning consulting, automobile, and healthcare sectors, Vishal brings invaluable expertise in building and expanding direct-to-consumer (D2C) offerings. As a founding member of Max@Home, the homecare division of Max Healthcare, Vishal played a pivotal role in establishing and elevating the brand to become one of the nation’s largest providers. Drawing from this wealth of experience, he will play a crucial role in formulating and executing core business strategies at Apollo Home Healthcare,” the company stated.

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Being the youngest executive at this role in the company and a proven track record of strengthening market position and growth, he will cultivate relationships with key stakeholders, identify growth opportunities, and manage financial performance, whilst also ensuring the delivery of high-quality home healthcare services akin to the Apollo’s ethos, it added.

Established in 2015, Apollo Homecare operates in more than 11 cities across the country. The company claims that it offers comprehensive pre and post-hospital care services, catering to the pressing needs of the post-pandemic era.

Envisaging to reduce the burden of out-of-pocket medical expenditures, India’s homecare segment is poised for tremendous growth, expected to become a $21.3 billion industry by 2027. Having effectively addressed access and affordability, the industry is being fuelled by increased patient-physician advocacy, and acceleration of digital technologies, making it among the fast-growing segments within healthcare.