-71.10 (-0.98%) Apollo Gleneagles Hospitals, a joint venture (JV) between Apollo Hospitals and Parkway Holdings, has joined the Preferred Provider Network (PPN) initiative of the PSU general insurance companies. In order to mark the joining the company has inked a memorandum of understanding (MoU) with General Insurance Public Sector Association.
PPN is an initiative by PSU insurance companies -- New India Assurance Company, National Insurance Company, United India Insurance Company and Oriental Insurance Company -- wherein cashless facility is provided only in PPN hospitals through TPAs.
Apollo Hospitals Enterprise, is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.