Care Hospitals acquires 100% stake in Thumbay for ₹40cr – ET HealthWorld

Hyderabad: Metropolis-based Care Hospitals Group on Monday mentioned it has acquired 100% stake in Thumbay Hospital New Life, Malakpet, Hyderabad, for a consideration of 40 crore as a part of efforts to broaden its presence within the northern a part of town.

With the acquisition of the 200-bed Thumbay Hospital, Care Hospitals’ complete capability will now go as much as round 2,200 beds.

Commenting on the deal, Jasdeep Singh, group CEO, Care Hospitals, mentioned, “This acquisition will additional broaden our affected person care choices and allow us to supply our healthcare to everybody in want of it.”

Syed Kamran Husain, chief working officer, Care Hospitals, Malakpet, mentioned the hospital will cater to the wants of individuals on this a part of city with a multi-specialty healthcare facility.

“Our emphasis shall be to improve the standard of healthcare companies in Malakpet and close by areas and guarantee good well being and well-being of the communities within the catchment space.” With the newest acquisition, Care Hospitals group now has 14 healthcare services throughout six cities and a pool of over 1,100 medical doctors and 5,000 caregivers catering to over 8 lakh sufferers yearly.

Care Hospitals, Malakpet will turn into operational from the primary week of Might 2022.

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