Express Healthcare

Healthcare Property Mela@ Medicall

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Dr S Manivannan

Medicall Expo will be  held at Chennai Trade Center, from August 3-6, 2012 with the concept of “Beyond Hospital and Medical Equipment.” It is a premier medical equipment fair organised by Medexpert Business Consultants, Chennai, India, promoted by Dr Manivannan, Joint Managing Director of Kavery Medical Center and Hospital.

Medicall is expected to showcase exhibitors from various healthcare industries along with seminars given by some renowned personalities in the industry. It serves as the ideal platform for companies to showcase their latest developments. It is popularly called as the hospital equipment super market since visitors can get their entire hospital requirements at one place.

Healthcare Property Mela

Tarun Katiyar

One of these major requirements could be property for the hospital set up. Hospaccx System India, a growing hospital consultancy firm in India, in addition to their usual Medicall stall, will  be opening up a section called the Healthcare Property Mela focussing on “Indian healthcare real estate.” Healthcare real estate or “medical real estate” describes buildings, offices, and campuses leased to members or organisations within the healthcare community, but owned and operated by third party groups. There is a rising trend among hospitals, healthcare systems and medical practitioners to embrace third party ownership and management of real estate. By using third party developers, they can preserve their capital resources for acute care needs and focus their attention on helping people, while passing on responsibility of building regulation and maintenance minutiae.

Who should attend?

The basic idea behind this innovative concept is to help doctors, promoters, hospital owners, specialist, hospital administrators, purchase managers, dealers, healthcare providers and others, who are interested in buying, selling, leasing health care property. This can be advantageous to those who wish to open new hospitals, institutes, diagnostics centers etc and are looking out for the perfect location.

Why should one attend?

One can go to a regular real estate agent for land and property dealing but they wouldn’t know the requirements and need in terms of healthcare. However, Hospacxx deals with properties that are ideal for only healthcare related construction and investments. Healthcare facilities have detailed technological and regulatory requirements. Even such building maintenance tasks as cleaning, heating and cooling are done differently in healthcare, with demanding sterilisation and filtration needs. In addition to outsourcing building and management tasks, it’s becoming increasingly attractive for hospitals to leave building ownership itself to someone else. The consultancy will help in finding the right property and besides this will also help in discussing the floor designs, architecture, and feasibility of the area, and compare prices of the various property options available.

Future plans

The idea is to enhance the value of the real estate assets and investments that contribute to the hospital’s fiscal well being in the future. When hospitals work with reduced margins, focus on medical real estate that revolves around lower cost would be beneficial to the concerned.

Besides Chennai, Hospacxx’s services are available at other metro cities around the country. A
concept totally new to India, but a concept very much needed by the Indian healthcare sector.

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