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NH Health Bangladesh partners with Imperial Hospital in Chittagong, Bangladesh

Capital Market 

To operate and manage Imperial Hospital's Heart Centre

NH Health Bangladesh, a of Narayana Hrudayalaya, has entered into definitive agreements to with in Chittagong, to operate and manage their cardiac sciences department.

This 350-capacity bedded hospital is expected to be commissioned within the next six months.

Located in the second largest city of Bangladesh, Chittagong, the hospital is envisaged to be one of its kind in the region with state of the art and world-class infrastructure. region faces an acute shortage of with ~7,900 people per bed as per report. Backed by Prof Dr. Rabiul Husain, one of the most legendary medical practitioners in Bangladesh, the hospital is envisioned to be a premium in the region.

Improving upon NH's distinguished Asset-Right framework, this association would not entail any upfront capital outlay from NH while ensuring a reduced time-to-market. This Heart Centre (P&L responsibility lies with NH) is a strategic fit for NH and will act as an extension of the Eastern cluster and will benefit from operational synergies emerging out of the region.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 11 2018. 19:14 IST