• Home
  • Business
  • Manipal Hospitals Acquires Medica Synergie, Solidifying Presence in Eastern India

Manipal Hospitals Acquires Medica Synergie, Solidifying Presence in Eastern India

Manipal Hospitals, India's second-largest healthcare chain, acquires an 87% stake in Kolkata's Medica Synergie, solidifying its presence in Eastern India and potentially becoming the country's largest hospital chain. This strategic move aims to enhance healthcare access and quality in the region.

Manipal Hospitals Acquires Medica Synergie, Solidifying Presence in Eastern India

Manipal Hospitals, India's second-largest healthcare chain, has signed a definitive agreement to acquire an 87% stake in Medica Synergie, a leading Kolkata-based hospital chain. This strategic move aligns with Manipal Hospitals' vision to solidify its footprint and emerge as the undisputed leader in Eastern India's healthcare landscape.

 

Strengthening Eastern India's Healthcare Infrastructure

The acquisition, valued at approximately Rs 1,400 crore, signifies a significant step towards expanding Manipal Hospitals' reach and service offerings in the eastern region. By integrating Medica Synergie's clinical expertise and infrastructure into its extensive network, Manipal Hospitals aims to address the growing demand for high-quality tertiary and quaternary healthcare services in Eastern India.

 

Dilip Jose, MD and CEO of Manipal Hospitals, expressed his enthusiasm about the acquisition:

"We are delighted to welcome Medica Synergie and its team of talented professionals into the Manipal family. This strategic move strengthens our presence in Eastern India, enabling us to expand our reach and cater to the critical healthcare needs of this region."

 

Enhanced Healthcare Delivery Across Eastern India

The combined entity will operate under the Manipal Hospitals brand, offering exceptional quality healthcare services across Kolkata, Siliguri, Ranchi, and other key cities in Eastern India. This integration is poised to significantly benefit patients by providing them with improved access to advanced medical care.

 

Becoming India's Largest Hospital Chain

With the acquisition of Medica Synergie, Manipal Hospitals will now treat a staggering 7 million patients annually across 37 hospitals spread strategically across 19 cities in 14 Indian states. This expansion also pushes the company's bed count to over 10,500, potentially making it the largest hospital chain in India.

 

A Commitment to Clinical Excellence and Patient Care

Backed by a talented pool of over 5,600 doctors and a workforce exceeding 18,600 employees, Manipal Hospitals remains steadfast in its commitment to delivering clinical excellence, patient-centric care, and ethical practices. This acquisition marks another significant milestone in the company's journey to revolutionize healthcare across India.

 


Amreli Constituency Lok Sabha Election Results 2024

Amreli Constituency Lok Sabha Election Results 2024

Amreli (Gujarat) Lok Sabha Election Results 2024 Updates: BHARATBHAI MANUBHAI SUTARIYA Wins by ...
Two-Wheeler Makers Zoom Ahead as Strong April Sales Spark Stock Rally

Two-Wheeler Makers Zoom Ahead as Strong April Sales Spark Stock Rally

Shares of Hero MotoCorp, TVS Motors, and Bajaj Auto surged after the companies reported robust sales...
Lemon Tree Hotels Stock Dips Despite Positive Earnings, Brokerages Bullish on Long-Term Potential

Lemon Tree Hotels Stock Dips Despite Positive Earnings, Brokerages Bullish on Long-Term Potential

Lemon Tree Hotels stock price fell despite reporting strong quarterly earnings. Brokerage firms rema...
Lenskart Secures $200 Million, Poised for Billionaire Dollar IPO

Lenskart Secures $200 Million, Poised for Billionaire Dollar IPO

Indian eyewear leader Lenskart raises $200 million from Temasek and Fidelity Management, reaching a ...
Ola Electric Trims Workforce in Pursuit of Profitability

Ola Electric Trims Workforce in Pursuit of Profitability

Ola Electric plans to lay off 400-500 employees to streamline operations and reduce costs ahead of a...
Why does LinkedIn not give its users an opportunity to fix faults for which they have been blocked?

Why does LinkedIn not give its users an opportunity to fix faults for which they have been blocked?

LinkedIn, the professional networking platform, is a vital tool for career advancement and fostering...
Indian Businesses Shine on TIME's Most Influential Companies List

Indian Businesses Shine on TIME's Most Influential Companies List

Three Indian companies - Reliance Industries, Tata Group, and Serum Institute of India - have been r...
Sony on the Hunt for Indian Partner After Zee Deal Fades

Sony on the Hunt for Indian Partner After Zee Deal Fades

Sony Pictures Entertainment (SPE) is exploring new M&A options in India after its merger deal wi...
Religare Chief Under Fire: IRDAI Probes Stock Option Grant, Governance in Question

Religare Chief Under Fire: IRDAI Probes Stock Option Grant, Governance in Question

Religare's CEO Rashmi Saluja is under investigation by IRDAI for receiving stock options in Care...
Family Feud Turns Violent: Son Accuses Mother of Orchestrating Attack in Billionaire's Estate Battle

Family Feud Turns Violent: Son Accuses Mother of Orchestrating Attack in Billionaire's Estate Battle

A bitter fight over the Rs 11,000 crore fortune of the late industrialist KK Modi takes a violent tu...