Hyderabad: American Oncology Institute (AOI, the US) and Cyberabad Citizens Health Services, have invested Rs 220 crore ($40 million) to set up a cancer institute with 350 beds here. After two subsequent phases, it would have 1,000 beds with a total investment of Rs 1,000 crore.
“The incidence of cancer is going up in India because of industrialisation and changes in lifestyle. About 25 lakh people are afflicted with cancer and this number is underreported. Every year, about 10 lakh new cases are being reported,” said Joseph A. Nicholas, President and Chief Executive Officer of CTSE, and member on the AOI Board.
AOI is the first overseas cancer centre of the Pittsburgh (US)-based Cancer Treatment Services International (CTSI).
“We will have 350 beds in the first phase by the year end. We will develop a hub-spoke model of medical services in India. Our next centre will be in Vijayawada, in association with Nagarjuna Hospital,” R. P. Raju, Executive Vice-Chairman of the Citizens Hospital and Executive Director of CTSI (India), said.
Addressing a press conference here on Thursday, the CTSI officials said the Hyderabad campus will have multi-specialty facilities apart from cancer specialties. “We will bring in standardised protocols and advanced equipment for diagnosis and treatment from the US,” Raju said.
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