Equitas inaugurates multispeciality & cancer hospital to provide affordable cancer care


Thiru. Ma. Subramaniam, Hon’ble Minister for Health and Family Welfare, Govt. of Tamil Nadu in the presence of Thiru. S.R. Raja, MLA, Tambaram Constituency inaugurated Sringeri Sharada Equitas Hospital Multispeciality & Cancer Care. Equitas SFB’s Beyond Banking efforts to support the impoverished sector are shown in the dedicated cancer hospital located in Gowrivakkam, Chennai. The 100-bed hospital will offer economically disadvantaged populations the most sophisticated cancer treatment available at the most reasonable costs.

With a focus on cancer multispecialty, Sringeri Sharada Equitas Hospital is outfitted with cutting-edge facilities and technologies to offer comprehensive cancer care. This includes immunotherapy, surgical and medical oncology, radiation oncology, immunotherapy, targeted therapy for paediatric oncology, physiotherapy, and cancer rehabilitation, as well as critical care, medical and surgical gastroenterology, cancer pain management, wellness, and a lymphedema clinic. A group of highly skilled and experienced doctors, radiologists, surgeons, and other medical specialists will oversee all treatments at the facility. They are dedicated to providing the finest care possible to all patients, regardless of their social standing.

“Cancer is a disease that can have a big impact on families, both emotionally and financially. Through our Primary Health Camps we had observed lack of high quality affordable cancer care” said P.N. Vasudevan, CEO and MD, Equitas Small Finance Bank and Managing Trustee Equitas Healthcare Foundation. “This hospital is a step towards bridging this gap and providing life-saving treatment particularly to patients from underprivileged segments.

Dr. Vaithiswaran Velayoudam, Medical Director of the Hospital said, “Access to treatment for a life- threatening disease like Cancer has been expensive in India. It shows compassion of Equitas and Sringeri Sharada Mutt as they decide to join hands and make Cancer care more accessible and affordable, especially for the underprivileged segment of the society. I am elated to be a part of this journey and create a positive impact for those in need.”

Arcot Sravanakumar, President CSR initiatives of the Bank and Program Director Healthcare Initiatives, said that “This has been a humongous and very sacred project for us. After 7 years of persistent work by our team and great support from all the noble souls, we built this Hospital at Gowrivakkam, Chennai, in collaboration with Sringeri Sharada Mutt through our bank’s 5% contribution and donations from a few noble souls. He further continues “Through this hospital, we can provide the best rates that would help all the patients and particularly EWS patients. This will be possible because it is a capex-free model (the land, building and equipment have been donated) due to which only the operational expenses of the hospital would be factored in the pricing. This will give more comfort on pricing as it would be as affordable as possible, probably around 30 to 50% of the market price. We are happy to share the news that one of the world’s best radiation machines (Linear Accelerator and brachy) is being ordered and expected to be operational from mid-2024”.

The hospital is a collaborative effort between Sringeri Sharada Mutt and Equitas Healthcare Foundation, which is a component of Equitas SFB’s CSR programme. In addition to providing oncology care, the hospital features three state-of-the-art operating rooms, an intensive care unit, and a 24-hour modern laboratory, imaging, and cancer screening centre. Additionally, there is a diabetes clinic and lifestyle problem centre there where routine wellness and medical examinations can be done.

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