Written by : Aishwarya Sarthe
June 26, 2023
TaCa Center for Surgery has entered into a strategic partnership with Medicaid Ethos Pvt Ltd (MEPL) to extend support to its network of healthcare facilities. This collaboration is to assist healthcare providers grappling with cash flow issues resulting from prolonged credit terms with payers.
MEPL, a reputable healthcare financing company, specializes in a wide range of services, including equipment lease funds and working capital funding. Their expertise lies in providing financial solutions, structuring debt and equity investments, and managing such investments. This is for the commercial, hospital, MSME, and industrial equipment needs of large and mid-sized corporations.
Through this promising partnership, TaCa Center for Surgery and MEPL have initiated an innovative program aimed at supporting the enhancement of operating theaters and infrastructure. This program offers lease options and funding for various equipment. This much-needed initiative will empower hospitals to deliver high-quality surgical care to their patients with TaCa's comprehensive support.
Dr. Tanushri Sidharth, the CEO of TaCa Center for Surgery, emphasized that numerous hospitals in tier-II and higher cities face significant challenges in upgrading their surgical departments due to high costs. In collaboration with MEPL, TaCa is committed to aiding these hospitals in upgrading or procuring updated equipment. This will ensure enhanced outcomes for elective secondary surgery patients.
The founders of MEPL, Wg cdr Ragashree D Nair and Dr. Shivaramakrishnan, have already supported several hospitals in southern India. Now, through their partnership with TaCa Center for Surgery, they aim to extend their support to hospitals across India.
This collaboration between TaCa Center for Surgery and MEPL will provide invaluable support to healthcare providers grappling with cash flow challenges. By offering financial solutions, structuring debt and equity investments, and managing these investments, the partnership seeks to enable hospitals to deliver superior surgical care to their patients.
This partnership is poised to empower healthcare providers to continue offering exceptional surgical care to patients throughout India, even in the face of financial constraints. By joining forces, TaCa Center for Surgery and MEPL are poised to make a significant impact on the healthcare landscape. This will ensure that healthcare providers have the necessary resources and financial support to provide top-notch surgical care to patients in need.
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