Dr. Prathap C. Reddy
India
Dr. Prathap C. Reddy
  • Founder and Chair, Apollo Hospitals (Healthcare)
Born Argonda, India, 1932. Bachelors, Madras Christian College; MD, Stanley Medical College, Chennai.
“[T]here is something within us… we can do whatever you think should be done… I’ll call it 3 Ps. First, Purity in thought, Patience, and in India you need Persistence.”

Summary

Prathap Reddy, a US-trained cardiologist, founded the first Apollo Hospital in Chennai in 1983. Today his listed company is among Asia's largest healthcare providers with a network of hospitals, clinics and pharmacies. In this wide-ranging interview, Reddy reveals how he navigated bureaucracy and widespread skepticism to bring affordable, world-class healthcare to his country. Reddy recounts how he had to engage in extensive negotiations with the Indian Prime Ministers of the era to break through bureaucratic obstacles to buying land, raising capital and accessing foreign exchange. He also addresses the potential downsides of the corporatization of healthcare, insisting that returns to patients must take precedence over returns to shareholders.

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Prathap Reddy, a US-trained cardiologist, founded the first Apollo Hospital in Chennai in 1983. Today his listed company is among Asia's largest healthcare providers with a network of hospitals, clinics and pharmacies. In this wide-ranging interview, Reddy reveals how he navigated bureaucracy and widespread skepticism to bring affordable, world-class healthcare to his country. Reddy recounts how he had to engage in extensive negotiations with the Indian Prime Ministers of the era to break through bureaucratic obstacles to buying land, raising capital and accessing foreign exchange. He also addresses the potential downsides of the corporatization of healthcare, insisting that returns to patients must take precedence over returns to shareholders.
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Additional Resources

Additional Resources

Interview Citation Format

"Interview with Dr. Prathap C. Reddy, interviewed by Tarun Khanna, April 29, 2014, Creating Emerging Markets Project, Baker Library Historical Collections, Harvard Business School, http://www.hbs.edu/creating-emerging-markets/."