Udayavni Special

Manipal Hospitals to acquire Columbia Asia Hospitals


Team Udayavani, Nov 2, 2020, 11:52 AM IST

Bengaluru: Manipal Hospitals on Monday announced its intent to acquire 100 per cent stake in Columbia Asia Hospitals Private Limited (Columbia Asia).

Manipal Hospitals said the acquisition offers it a ‘remarkable geographical and cultural fit’, and provides a larger national footprint.

Together, the combined entity will have 27 hospitals across 15 cities with 7,200-plus beds, and a pool of 4,000- plus doctors and 10,000-plus employees, it said in a statement.

Treating over four million patients annually, it would rank amongst the largest healthcare provider networks in the country, it said.

The transfer of ownership to Manipal Hospitals is expected to be completed post regulatory approvals.

Dr. Ranjan Pai, Chairman, Manipal Education and Medical Group, said,”Columbia Asia makes a compelling strategic fit to our core values of clinical excellence, patient-centricity and ethical practices, and will help us advance our commitment to provide outstanding patient care.”

Columbia Asia Hospitals commenced operations in India in 2005 in Hebbal, Bengaluru and presently operates 11 hospitals across the country in Bengaluru, Mysuru, Kolkata, Gurugram, Ghaziabad, Patiala and Pune.

The network comprises over 1,300 beds, 1,200 clinicians and 4,000 employees, it said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Vaccine 1st puts spotlight on German pharma company BioNTech

‘Tukde-tukde gang’ turning farmers’ stir into Shaheen Bagh: BJP’s Manoj Tiwari

Who, when and how? A look at the UK’s vaccination rollout

K’taka sees opportunity for collaboration in various sectors, CM tells Consular Generals

IAF carries out firing of Akash and Igla missiles in Suryalanka

Bengaluru cops transfer ex-minister Prakash abduction case to Kolar

Transporters threaten to halt operations in northern India from Dec 8 in support of farmers



Related Articles More

Govt makes it mandatory to mention 8-digit HSN Code in tax invoice for 49 chemical based products

RBI’s MPC starts deliberation on policy rate

India-Portugal Tech Summit to be held from Dec 7-9

Himadri Group forays into e-mobility

GST revenues cross trillion mark for second straight month at over Rs 1.04 lakh crore in Nov

MUST WATCH

Meal of Bakasur : Hotel Fish Campus Udupi | Udayavani

Things You Should Know When Starting A Business | Profitable Business Ideas After Lockdown

Mangalore Boat tragedy: We’re with families of deceased, says Kota after announcing Rs 6 lakh compensation

Mangaluru boat tragedy: Body of another fisherman recovered

Mangaluru boat tragedy: Fishermen declare bandh until all missing fishermen found

Latest Additions

Govt making ‘U-turn’ on PM’s assurance that every citizen will get COVID vaccine: Congress

Chikkamagaluru: 1 day before promotion Head Constable dies in road accident

Vaccine 1st puts spotlight on German pharma company BioNTech

‘Tukde-tukde gang’ turning farmers’ stir into Shaheen Bagh: BJP’s Manoj Tiwari

IMA scam: Roshan Baig remanded to 14-day judicial custody

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.