Fortis invests Rs 274 cr in 2 S'pore health ventures

Image
Press Trust of India Singapore
Last Updated : Jan 21 2013 | 2:06 AM IST

Indian healthcare group Fortis is investing 70 million Singaporean dollars (about Rs 274 crore) in two colorectal centres in Singapore this year, a report said today.

Fortis Healthcare Singapore had opened a outpatient clinic for colorectal diseases, Novena Colorectal Centre, and a 31-bed Fortis Hospital for Colorectal Diseases in June this year, the 'Straits Times' reported.

Fortis has started hiring nurses and allied health professionals for 80 positions at the clinic and hospital.

The hospital would serve 40 patients a day while the clinic would be a group practice by four colorectal specialists who also have deeper expertise in areas such as robotic surgery to genetic testing.

Singapore is Fortis' major investment centre.

Last Wednesday, Fortis acquired a majority stake in Singapore-based diagnostic firm, Radlink Asia for 62.9 million Singaporean dollars.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 04 2012 | 11:52 AM IST

Next Story