Bengaluru, May 2019: The pioneer in the field of colorectal treatment and surgery in India, Smiles International Institute of Colo-Proctology (Smiles) estimates revenue of US$ 3.5 Million for FY 19-20. SMILES International Institute of Colo-Proctology, one of the First Integrated colo-rectal hospitals in India, has already generated revenue of INR 6.9 Cr. i.e. nearly US$ 1 Million in the first financial year of 2018-19 after the launch.
Smiles had opened an outreach clinic on 10th April 2019 followed by three more clinics in the year 2019 at Silk board/ HSR, Whitefield, and Nagarbhavi in Bengaluru. Smiles currently has one tertiary care center in Bengaluru at Yashwant,Mathikere with India 1st Fourth generation laser machine for colorectal treatment and surgery. The leading medical institute is re-defining the shape of colorectal treatments with minimally invasive, painless, bloodless & cost effective procedures to everyone.
SMILES International Institute of Colo-Proctology, has also been awarded by Silicon India Healthcare as one of the ‘10 Most Promising Medical Tourism Companies – 2018’. It is also the first Indian hospital to use anorectal manometry technology developed by Mayo Clinic USA. The leading Medical Institution actively contributes to social welfare through various Social Awareness Programs and Initiatives like piles-Free Pregnancy, No More Open Defecation, Eradicating Quacks in India, and Subsidized Treatments.
Commenting on the phenomenal growth of the institution, Dr. Parameshwara C M, Chief, Smiles, said, “In India, colorectal cancer stands fourth in men and third in women with respect to incidence and mortality rates. The statistics are a great obstruction in ensuring quality healthcare across this nation. After I encountered strange incidents with my friend, a surgeon himself suffering from colorectal problem, I laid the foundation of Smiles IICP with an aim to serve millions of Indians suffering from colorectal diseases. With the establishment of three new clinics with advanced facilities, we aim to cover the complete region with our best-in-class advanced treatment for all colorectal problems. The revenues of our first financial year have already proven our success. We are certain to exceed the revenue of US$ 3.5 Million in the FY 19-20 and continue our expansion across India.”
On an average we treat 400-450 patients in Mandya and 300-350 patients in Bengaluru. We register 700-800 OPDs on an average in a month. We have treated over 5000 patients through Smiles IICP since inception. This is a great achievement for us.
As part of EHA consortium and aligned activities, SMILES have partnered with DHAN Foundation to create awareness among members of DHAN across Mysore and Mandya. Smiles have organized various workshops and educated 80,000 families of DHAN across these two districts.
EHA (Equitable Healthcare access for All) consortium is an NGO founded by DHAN Foundation, ISB, IIM Udaipur, LVPEI, Aravind eye care, Shankara cancer center, SMILES , Fernandez hospitals, etc. EHA aim is to ensure healthcare access to each and every individual of the country.
Dhan foundation is an NGO working to uplift BPL families and have a presence in 15 states. As on date, they have engaged and empowered 1.6 crore families across 15 states.