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Columbia Asia Group maintains 15 percent CAGR

Columbia Asia is all set to expand operations across Asia and India by 2020, utilizing the USD 210 million funds which they raised in March 2018. In its India operations, they have built 1–3 hospitals per year since their inception in 2005. The matured hospitals see more than 20,000 patients in a month and contribute to over USD 2 million in revenue.

Of all the 12 hospitals, the Sarjapur hospital in Bangalore is the newest 10-storey facility with state-of-the-art equipment, well-trained, qualified, and capable medical professionals. It was established last year in November, but with the growing demand of the community, the number of patients has spiked significantly since inception above the original plan, and has recorded the fastest growth in the history of Columbia Asia India. In the development pipeline, the second hospital in Pune is slated to open in 2020 and would be larger than the Sarjapur Road facility in Bangalore.

Columbia Asia’s India revenue for FY18 grew 16 percent YoY and at a CAGR of 15 percent over the last 4 years. Last year they grew strongly, as a group, with a 20 percent YoY growth in revenues. Columbia Asia presently has 30 medical facilities (about 2600 beds) in four countries – namely Malaysia, India, Indonesia, and Vietnam, serving more than 2.5 million outpatients yearly in fields of orthopedics, internal medicine, general surgery, pediatrics, and obstetrics and gynecology, which cover about 80 percent of the medical needs in these countries.

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