SRL Diagnostics to expand its presence with PPP model in 6 more states

SRL diagnostics is currently in talks with 6 states to start their operations in government run hospitals. The company currently operates 24 PPP model based labs in Himachal Pradesh and 12 such labs in Jharkhand

SRL diagnostics is currently in talks to expand its presence in the Indian market through the Public-Private Partnership model. The company is in talks with 6 state governments to operate more diagnostics labs in state run hospitals. It is already operating 24 labs in Himachal Pradesh, and 12 labs in Jharkhand, under the PPP model. In West Bengal, SRL diagnostics has a small government lab facility in remote Sagar Island.

The company is reported to have said that it is confident of offering quality services at a government price, following a hub and spoke model to run these labs. Under the PPP business model the diagnostic centres are operated by SRL on a fee for service basis.

As reported by PTI,

SRL has a total 280 labs and 6,400 collection points, he said. "Three of our labs are overseas and 55 collection centres are outside India," SRL Diagnostics Chief Executive Officer Sanjeev Vashishta Vashishta said adding that there are tie-ups in African countries using the fee based model.

Alongwith IFC and GE, SRL has set up Eagle Eye company in Nigeria to start 40 labs across the African country.

"The idea is to provide services in countries where technology and people are a challenge. Our overseas collection centres are working well because we are providing quality service at a fraction of the cost," he said.