Narayana Hrudayalaya · tone and specificity signals across the available quarters.
Language signals
We've been offly doing a lot of high-end procedures and also the robotic work has gone up substantially. If you see the margin improvement over the last two three quarters they are basically on account of high volume of high-end procedures and also increased use of technology and robotics.
Unlike another insurance company, we can actually intervene earlier and we can send somebody to the hospital and recommend that do the surgery now. It's better for the customer. It's hopefully less complicated, quicker recovery and it is a lower cost for the insurance company as well.
The assets were acquired at a very very reasonable price and there is a substantial opportunity for us to improve their earnings compared to where they are now without any significant further capital deployments in that market with the existing capital base that already exists.
We are the only listed group that has not added a single bed from the time of listing and still been able to deliver revenue and margin growth because all our effort has been on improving the way how hospitals function.
The whole idea behind the integrated care model is that the insurance helps drive steerage into the hospital and they work as a whole. So if you are going to see losses in the insurance business in isolation but contrast with very good growth in earnings and topline in the hospital business it does give a bit of a confusing picture.
We will be demerging the clinic business into the core. But we've seen a lot of positive aspects of running these clinics. We are accessing patients domestically that historically would never consider coming to Narayana. We've generated a lot of inpatient referrals for fairly advanced therapies for the main hospital.