Parkway Health keen to acquire more hospitals in India
17-Jul-17, The Hindu Business Line
Hospitals in India are ripe for the picking, feels Ramesh Krishnan, Chief Executive of Parkway Pantai’s India operations, as he scouts the healthcare landscape here for suitable assets to acquire.
There is a readiness for consolidation, there are hospital promoters willing to let go and there are good assets available, he says.
%20Parkway%20Health.jpg "Parkway Health keen to acquire more hospitals in India (c) Parkway Health")
Image: Parkway Health
Parkway Pantai is wholly-owned by Malaysia’s healthcare major IHH Healthcare. IHH was recently in the news for reportedly showing interest in acquiring Fortis Healthcare.
The search is on for large hospitals in big cities and a key factor for IHH is to have a controlling 51 per cent stake in the entity.