Henry Ford Health Systems, Pearl Human Care to set up Super Speciality Hospital in Vellore
Advertisement
Chennai: The US based Henry Ford Health System has stepped into India signing up a 20-year technology licensing arrangement with Pearl Human Care Pvt Ltd that is putting up a super-specialty hospital in Vellore, said officials.
The Henry Ford Health System is also looking at India for similar tie-ups with green and brown field hospital projects.
"We have signed up with Henry Ford Health System to provide the technology and best practices for our Naruvi Hospitals to be built in Vellore," G.V. Sampath, Chairman and Managing Director of Pearl Human Care, told reporters here on Thursday.
He said the 400-bed super-specialty hospital to be built in Vellore will involve an outlay of Rs 335 crore.
"The outlay will be funded with a mix of debt, promoter funds. We are also looking at investments from private equity funds," Sampath said.
He said construction would begin soon and commercial operations of the hospital would start in 2019.
According to him, Henry Ford Health System will be the technology provider while the day-to-day operations of the hospital will be under Pearl Human Care.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.