HCAH to take a position as much as Rs 300 crore in subsidiary so as to add 1,500 transition care beds in subsequent 3 years, Well being Information, ET HealthWorld


HCAH to invest up to Rs 300 crore in subsidiary to add 1,500 transition care beds in next 3 yearsHouse healthcare service supplier HCAH on Wednesday stated it plans to take a position round Rs 200-300 crore in its subsidiary HCAH SuVitas so as to add 1,500 beds in 30 transition care facilities throughout India over the following 2-3 years.

HCAH had acquired transition care agency SuVitas Holistic Healthcare in August this yr.

Transition care is that a part of the healthcare trade that bridges tertiary and residential well being care.

The proposed capability enlargement will probably be in Delhi NCR, Mumbai, Bangalore, Kolkata, Hyderabad, Chennai, Pune and Ahmedabad, HCAH stated in an announcement.

“… We’re dedicated to extend transition care mattress capability from 100 beds to 1,500 beds by investing 200-300 crores in 30 transition care facilities within the subsequent 2-3 years. We’ll additional strengthen our presence in all main metro cities,” HCAH, Co-Founder & CEO Vivek Srivastava stated.

On the event, HCAH SuVitas CEO Antra Bhargava stated, “HCAH SuVitas via enlargement would be capable of assist many extra sufferers in want and ease the burden on tertiary care hospitals.”

HCAH was began in 2012 by Vivek Srivastava and is backed by the Burman household, founders of Healthcare at House UK and Quadria Capital.





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