Navigation Links
Apollo Hospitals to invest Rs 350 cr to add 1,800 beds

Chennai-based Apollo Hospitals Group plans to invest Rs 350 crore to add 1,800 beds over the next 18 months. With the planned new addition of 1800 beds, Apollo Group's total capacity would touch 7,200 beds, from the current 6,400 beds. //

"There is a plan for adding 800 beds through management of hospitals and another 1,000 beds from ownership,” says Apollo Hospitals Group Director Finance, Suneeta Reddy, said here on the sidelines of India Health Summit organised by CI I and the Indian Healthcare Foundation.

She said that the expansion would be through acquisitions and creation of green-field facilities. Ms Reddy said the new hospitals were planned nationwide. A study by the Indian Market Research Bureau (IMRB) had been commissioned on various locations for existing and new facilities. She said that the investment would come from the deployment of the $75 million fund, which the group had raised through its GDR issue.

The group recently lost out to Fortis Healthcare its bid to acquire the Escorts Heart Institute and Research Centre.
'"/>




Page: 1

Related medicine news :

1. Apollo Hospitals to consider listing on US Bourses in 2003
2. Apollo inaugurates centre for back and neck pain
3. Apollo Hospitals Collaborates With Histostem For Stem Cell Therapy
4. Apollo Hospital to collaborate with US cancer center to open new radiation therapy department
5. Reliance Infocomm Tied With Apollo To Provide Telemedicine Services
6. First PET-CT guided radiotherapy in India was performed by Apollo Hospitals
7. Apollo Hospitals Short-listed to Provide Diagnostics in the UK
8. Apollo And Stanford Team To Train Emergency Medical Technicians
9. First Exclusive Women’s Clinic Launched in Chennai By Apollo Hospita
10. Apollos Foray into the Hearts of Women
11. Apollo’s about-Turn: Cocktail Of Drugs Found In Rahul Sample
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:4/29/2016)... ... April 30, 2016 , ... Mercy College is expanding ... The following programs will be expanding due to high demand: Master of Business Administration ... will begin this summer. , School of Business Graduate Program Chair Dr. ...
(Date:4/29/2016)... ... April 29, 2016 , ... Shamangelic Healing, Sedona Arizona's ... brand Alpha BRAIN and New Mood Daily-Stress Formula for brain optimization and wellness ... to the store is just one more way Shamangelic Healing supports people’s quest ...
(Date:4/29/2016)... ... April 29, 2016 , ... Dr. ... of best seller "LOVE, MEDICINE and MIRACLES") addresses touchy topics related to Death ... podcasted thereafter . Dr. Bernie Siegel, author of a plethora of essential ...
(Date:4/29/2016)... ... April 29, 2016 , ... A new study ... severe congenital diaphragmatic hernia have better survival rates if surgery is performed early. ... condition where the diaphragm fails to form completely, letting abdominal organs into the ...
(Date:4/29/2016)... ... April 29, 2016 , ... ... patented products, announces the Gyrociser, an exercise invention which aids in proper muscle ... says Scott Cooper, CEO and Creative Director of World Patent Marketing. "Globalization has ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... 28, 2016 Oramed Pharmaceuticals Inc. (NASDAQ: ... company focused on the development of oral drug delivery systems, ... PIONEERS 2016 conference, presented by Joseph Gunnar & ... New York . Nadav Kidron , CEO ... Presentation Details:   PIONEERS 2016, ...
(Date:4/28/2016)... New market research titled ... report that provides an overview of the Osteoarthritis,s ... identifying new targets and MOAs to produce first-in-class ... in this H1 2016 Osteoarthritis Pipeline report include ... Abiogen Pharma S.p.A., Ablynx NV, Achelios Therapeutics, Inc., ...
(Date:4/27/2016)... PARIS , April 27, 2016 ... Year-Over-Year Including 42% Growth in Recurring Consumable Sales  ... Mauna Kea Technologies (Euronext: MKEA, OTCQX: MKEAY) ... today announced its sales for the first quarter ended ... business and the execution of its commercial strategy. ...
Breaking Medicine Technology: