Dr. Prathap C. Reddy – A visionary par excellence
Dr. Prathap C Reddy, the Founder Chairman of Apollo Hospitals Group, is aptly credited as the architect of modern Indian healthcare. He is a compassionate humanitarian, who has dedicated his life to bringing world-class healthcare within the economic and geographic reach of millions of patients.
It was Dr. Reddy’s vision to build a business model with an intrinsic ‘social conscience’. Apollo Hospitals opened its doors in 1983 and introduced international quality healthcare to India, at a cost that was a tenth of that in the west.
“Apollo Sugar’s vision is to make diabetics disease free by not just treating the disease but the patient as well.”
The business model designed by him was scalable, replicable and sustainable, and fostered the emergence of the healthcare sector in India, as we know it today.
Dr. Reddy has carried the torch of healthcare to distant corners of India. The pioneering success of telemedicine and innovative insurance in Aragonda, the world’s first V-SAT enabled village in remote Seemandhra, validates the concept of ‘Healthcare for All’.
Recognising that telemedicine can help meet the increasing demand for universal access to high quality medicine, irrespective of geography, Dr. Reddy led his team to set up 125 telemedicine centres across seven countries. Dr. Reddy was at the helm of the revolutionary Apollo Reach Hospitals initiative that took world-class healthcare to tier II towns.
A tireless advocate for creating access through insurance, Dr. Reddy has been actively campaigning for the implementation of mandatory health insurance across the country. The innovative insurance project, at the cost of Rs.1 a day that he introduced in his native village decades ago, paved the way for many more such products for rural India. This project has been adopted in multiple ways across the country and created the platform for the Government of India’s Universal Health Insurance program for below-the-poverty-line population.
Dr. Reddy passionately propagated Preventive Healthcare with the concept of Annual Health Checks. As a cardiologist, he recognised that the battle against disease had to go beyond hospitals and envisioned the Billion Hearts Beating campaign, an endeavour that deploys innovative mediums to encourage Indians to stay heart-healthy.
Dr. Reddy’s unflagging commitment to healthcare has seen him as the Chairman of the Confederation of Indian Industry’s National Health Council and advisor to its committees on Healthcare, Health Insurance, Public Health and Pharma.
Dr. Reddy’s contribution was pivotal in the genesis of NATHEALTH – the Healthcare Federation of India. He envisioned it as the collective and credible voice to shape Indian healthcare. NATHEALTH is today emerging as one of the nation’s most powerful and influential forums to nurture the gift of good health for all.
Dr. Reddy’s incredible journey is captured through a biography titled “Healer: Dr. Prathap Chandra Reddy and the Transformation of India”, authored by Pranay Gupte and published by Penguin.
A dedicated philanthropist, Dr. Reddy introduced social initiatives that helped transcend barriers and a notable example is the Save a Child’s Heart initiative that addresses the widespread issue of congenital heart disease.
Dr. Prathap C Reddy was conferred the ‘Padma Vibhushan’, the second highest civilian award. This unequalled commendation from the Government of India is an acknowledgement of his untiring pursuit for excellence in healthcare.
Highlights of Dr. Reddy’s illustrious career
- 1991 – Conferred the Padma Bhushan by the Government of India
- 1992 – Invited by the Government of India to be member of the Working Group on Health Financing and Management
- 1993 – The Mother St. Teresa’s ‘Citizen of the Year’ award
- 1997 – Business India – Top 50 personalities who made a difference to India since Independence
- 1998 – Sir Nilrattan Sircar Memorial Oration (JIMA) award for single-handedly making super speciality care available to a vast section of society
- 2000 – Conferred the Fellowship Ad Hominem by the Royal College of Surgeons of Edinburgh
- 2001 – Ernst & Young ‘Entrepreneur of the Year’ award
- 2002 – Lifetime Achievement Award by the Hospimedica International
- 2004 – Franchise Award for Excellence in Business Development
- 2005 – The ‘Asia – Pacific Bio leadership Award’ by the Marshall School of Business
- Appointed as a Member of the Indo – US CEO’s Forum by the Prime Minister of India
- 2006 – ‘Modern Medicare Excellence Award 2006′, by the ICICI Group, for his outstanding achievements in the healthcare industry
- 2007 – Appointed Chairman of the CII National Healthcare Committee
- 2009 – The Government of India honours Apollo Hospitals with a Commemorative Postage Stamp
- 2010 – Govt. of India conferred the Padma Vibhushan, the second highest civilian award in India
- Lifetime Achievement Award from Rotary International and Frost & Sullivan
- 2011 – Lifetime Achievement award from the FICCI
- Lifetime Contribution Award from AIMA
- 2012 – Apollo Hospitals was the winner of G20 Challenge on Inclusive Business Innovation for the Apollo Reach Hospitals initiative
- 2013 – NDTV Indian Lifetime Achievement Award
- Asian Business Leaders Lifetime Achievement award
- CNBC TV18 Lifetime Achievement Award for India Business Leaders Awards 2013