Kauvery Hospitals acquires Fortis Healthcare's facility in Vadapalani
"Kauvery is currently in the midst of a fast-paced expansion program, as it plans to reach 1,000 beds each by 2025 in Chennai, Bengaluru and Tamil Nadu clusters. This ramp-up would mean that the network shall comprise of 15 hospitals spread across 7 cities in South India, with 3,000+ beds and shall likely go for an IPO, in the next 36 months''.;
Chennai: We are pleased to announce that Sri Kauvery Medical Care (India) Limited (''Kauvery Hospitals''), has successfully signed definitive agreements to acquire the hospital business operations of Fortis Healthcare Limited at Vadapalani, Chennai.
Kauvery Hospitals, one of the leading hospital chains in South India, spearheaded by Dr S Chandrakumar and Dr S Manivannan, has built a strong foothold in its focus markets of Tamil Nadu and Karnataka over two decades and has emerged as one the leading hospital chains in South India.
Established in 1999 as a 30-bedded hospital, it has scaled its presence to a network of 9 facilities comprising 2,000 beds spread across six cities viz. Chennai, Trichy, Bangalore, Salem, Hosur and Tirunelveli.
The hospital network offers a high-quality comprehensive care across specialties with a strong focus on cardiology, oncology, neurology, renal sciences, orthopaedics, and organ transplants, amongst others.
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