Practus’ assisted the hospital in implementing an ERP system and setting up a “Traffic Light Mechanism” to keep track of the payments.

Client NameROIIndustryOwnershipManagementNo. of EmployeesSizeProject Duration
CP Hospital5.7xHealthcarePrivateOwner Managed80-100$10-$50 million15 Months

About The Company

CP Hospital in Mumbai is a 50-bed facility that has specialized in cardiology and heart surgery for the past 30 years. Their annual turnover is $3 million and they have expanded into other areas such as dermatology, ophthalmology, orthopedics, endocrinology, and so on. The organization also has a pharmaceutical division.​

Practus’ Role

  • Relationship and report management based on trust.​
  • The installation of a new ERP system to help them manage their financial and commercial tasks.​
  • Providing the trustee with minimal on-the-ground visibility into the progress of these critical projects.​
  • Internal processes are being reviewed and essential internal controls are being implemented. A financial roadmap is included, as well as a necessity for process automation.​

Impact Delivered

  • An ERP system was developed by creating systems and processes and thereby adequately filling gaps.​
  • The monthly MIS was thoroughly monitored, and the payment system for the client was defined.​
  • To keep track of the payments, set up a “Traffic Light Mechanism”.​
  • The manpower was evaluated for cost reduction and the particular roles of each department were specified.​
  • Assistance for the client’s internal audit team and created a “Points to Review” checklist.​