Frost & Sullivan Announces the Launch of 2016 India Healthcare Excellence Awards to Recognize Enterprises for their Commitment to Healthcare in India

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Mumbai, Maharashtra, India

Frost & Sullivan is proud to announce the launch of its 8th Annual India Healthcare Excellence Awards 2016. The yearly event, converging the frontrunners of the country’s healthcare industry, will be held on 21st October, 2016 at The Westin, Gurgaon. The program, showcasing the best practices and implementation of innovative strategies, will recognize companies that are transforming the Indian healthcare system while striving towards excellence in practices and operations.

Nominations are open for the 8th Annual India Healthcare Excellence Awards and will close by 29th July, 2016. Companies looking to apply for nominations or interested in knowing more about the award categories and titles can contact Shruti Jadhav, Manager, Best Practice Research, Frost & Sullivan – Middle East, North Africa and South Asia at shruthij@frost.com or +91 20 40778885.

For regular updates on the awards banquet, follow our official Twitter hashtag: #FSHCawards or visit www.frost.com/hcawards2016

The Indian healthcare ecosystem is on the verge of a significant transformational shift. With major players as well as innovative start-ups incorporating new strategies, the space is more competitive than ever, necessitating recognition of deserving companies. This awards program is an exceptional platform recognizing enterprises and individuals who have achieved excellence in healthcare practices and their extraordinary efforts which have set new benchmarks for their peer groups and the industry.

This year, a new award category has been introduced – Health Insurance. Talking about the same, Mr. Jayant Singh, Director, Transformational Health Practice, Frost & Sullivan – Middle East, North Africa and South Asia, said, “With the introduction of Health Insurance in our awards program, we will cover an important aspect of healthcare industry in India. Health Insurance is one of the fastest growing and robust segments in the non-life insurance industry in India, and we are glad to recognize and felicitate deserving companies in this segment.”

With this new introduction, the award titles will be clustered under five major categories – Special Awards, Pharmaceuticals and Biotechnology, Healthcare Delivery Services, Medical Technologies, and Health Insurance.

The Frost & Sullivan awards system encompasses a meticulous and rigorous analysis of market performance indicators and other criteria of shortlisted companies conducted by senior industry analysts. Their study is subjected to a 10-step process supported by a Decision Support Matrix (DSM). The detailed analysis is also reviewed by a panel of eminent industry experts and top decision makers who finally select the most deserving recipient under each category.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the Global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?