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| Max Healthcare to build two hospitals in Punjab |
| Joe C Mathew / New Delhi Nov 22, 2009, 00:16 IST |
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Hospital chain Max Healthcare will invest Rs 200 crore to set up two tertiary care hospitals in Bathinda and Mohali, both in Punjab. The hospitals, coming up in partnership with the state government, would have 300 beds each, Parvez Ahmed, CEO and managing director, Max Healthcare, told Business Standard.
The funds would be raised in a 1:1 debt equity ratio, he said.
The construction of the hospitals would begin on December 29 and they would be complete within 18 months, he added. The hospitals will have speciality wings for cancer and heart treatments.
According to Ahmed, the partnership is unique as it allows Max Healthcare to build and operate the hospital and ensures that the government gets a share of the revenue.
The healthcare chain is ramping up its businesses around newly-created centres of excellence in areas like orthopedics, cancer and minimum invasive surgery among others. Max Healthcare is likely to open an organ transplant centre in one of its Delhi hospitals next year.
“We have licences to perform kidney and heart transplants. We are waiting for the right team to be in place to enter this segment”, Ahmed added.
Max Healthcare is a leading player in the national capital region with its six hospitals having a cumulative bed strength of 800 and two out-patient centres. The company claims to have a base of over 1,250 doctors and 3,000 employees.
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