Page 2 - Manipal Hospitals

Manipal acquires majority stake in AMRI Hospitals for Rs 2,300 cr

Manipal Group plans to add more beds over the next 18-36 months through the inorganic route, taking its bed count to 12,000 beds across India

As costly bills hurt patients, rising ARPOB helps improve hospital earnings

ARPOB refers to the average revenue per operating bed which has gone up from Rs 37,397 in FY20 to Rs 57,760 for the first quarter of the ongoing financial year

From adding beds to more high-end surgeries, Manipal's next health plan

Bengaluru-based hospital chain is focusing on adding beds - both organically and inorganically - and offering more high-end and complex surgeries for growth and profit

Temasek to buy additional 41% stake in Manipal Health for Rs 16,300 cr

Singapore's sovereign wealth fund Temasek will buy an additional 41 per cent stake in Manipal Health Enterprises for more than Rs 16,300 crore (USD 2 billion), taking its total shareholding to 59 per cent in one of the country's largest hospital chains. The acquisition of the stake, announced on Monday, is the largest deal in the Indian healthcare sector. Headquartered in Bengaluru, Manipal Health Enterprises (MHE) runs a chain of 29 hospitals under the brand name 'Manipal Hospitals' in 16 cities, with close to 8,300 beds. Temasek will buy the additional stake from Manipal founder Ranjan Pai's family, TPG and the National Investment and Infrastructure Fund (NIIF). However, financial details were not disclosed in the announcement made on Monday. Sources said Temasek's buyout of the additional stake will be for more than Rs 16,300 crore valuing MHE at around Rs 40,000 crore, making it the largest deal in the Indian healthcare sector. The transaction tops the list of multi-crore de

M&As to drive hospital expansion in uncharted territory, say experts

Inorganic expansion gives instant market share in a new geography, greenfield works better in markets where a chain already has a presence, say industry players and analysts

Hospitals see influx of foreign patients in Sept qtr as travel norms ease

Several corporate hospitals say international patient footfalls have crossed pre-pandemic levels

Manipal Hospitals partners with Google Cloud to improve patient service

Healthcare company will use Google Cloud's technology for virtual care and other services

Manipal Health may launch IPO after deal to buy AMRI Hospitals

Manipal Health is India's second-largest hospital chain, is estimated to have 8,700 hospital beds

Now, Manipal Hospitals to monitor patients post discharge through Fitbit

Manipal Hospitals said that the service would be voluntary for its patients and offered free of cost for the time-being

Hospital sector could grow at 18% when Covid ends: Manipal Hospitals CEO

The Omicron situation is still evolving but the early signs are ominous, says Jose

Manipal Hospitals in advanced talks to acquire AMRI for Rs 1,100 crore

Source says clarity on deal finalisation by mid-December; AMRI has four hospitals in Kolkata, one in Bhubaneswar

Manipal Hospitals launches Radixact System for precise cancer treatment

The technology minimises damage to healthy tissue by delivering high-precision radiation to tumour region which moves with respiration

We are thinking of a mega-app for Manipal Hospitals: Dilip Jose, MD&CEO

"Such a move would enable us to have virtual presence in regions where we do not yet have a physical presence, for example, the North Eastern states," said Jose

Manipal Group buys Vikram Hospital for Rs 350 cr in second deal this year

Billionaire Ranjan Pai-controlled hospital chain had earlier taken over Columbia Asia's India operations for Rs 2,100 cr

NIIF invests Rs 2,100 cr in Manipal Hospitals, its first in health space

Manipal Hospitals had signed a deal to acquire India biz of Columbia Asia Hospitals last year.

Manipal Hospitals to sell minority stake to NIIF for Rs 2,100 crore

The amount raised would be partly used to fund the company's acquisition of Columbia Asia Hospitals' India business

We'll soon be giving 20,000 Covid jabs a day: MD-CEO of Manipal Health

In a Q&A, Dilip Jose says his chain of 16 hospitals currently is adopting a look-east, look-west policy to enhance its reach

CCI clears acquisition of Columbia Asia Hospitals by Manipal Health

The Competition Commission of India (CCI) on Friday approved acquisition of Columbia Asia Hospitals by Manipal Health Enterprises

Doctor in the Cloud: As Covid-19 rages on, hospitals embrace technology

The platform runs on a software called Power BI, a data visualisation tool that evaluates the vitals of all patients in ICUs in over 15 districts of Karntaka

Manipal Hospitals looks for expansion with Columbia Asia acquisition

The acquisition of Columbia Asia will expand the privately-held chain's geographical reach, especially in the underserved eastern region