Fortis Healthcare plans Rs 1300 Crore Investment for Hospital Expansion
New Delhi: Fortis Healthcare plans to invest up to Rs 1,300 crore in expanding capacities at its existing hospitals over the next few years, according to a senior company executive. The healthcare provider aims to add approximately 2,200 beds during this period.
"So, some of the capex has already been incurred in that (addition of bed capacity).
According to a PTI report,"Additional capex will be somewhere around Rs 1,200 crore to Rs 1,300 crore, which includes equipment also, everything put together," Fortis Healthcare CFO Vivek Goyal said in an analyst call.
Also Read:Fortis Healthcare launches AI-powered 'Adayu' app for mental healthcare
He noted that the healthcare provider is looking to add bed capacity at various existing facilities, including hospitals in Faridabad and Anandpur Sahib.
"At Faridabad, there is space available, and we have planned to further expand..in regard to Anandpur, we have acquired a company with a different land parcel. So, we want to operationalise that also. Post expansion of these 100 beds, we will be adding maybe another 50 beds in the next financial year in that unit," Goyal said.
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.