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Max Healthcare, Muthoot Hospitals tie-up for 300-bed hospital in Delhi
![Max Healthcare, Muthoot Hospitals tie-up for 300-bed hospital in Delhi Max Healthcare, Muthoot Hospitals tie-up for 300-bed hospital in Delhi](https://medicaldialogues.in/h-upload/2020/06/23/750x450_130817-max-healthcare.webp)
Mumbai: Leading hospital chain operator Max Healthcare Institute on Thursday said it has entered into an agreement with Muthoot Hospitals for management of a new over 300 beds hospital coming up in New Delhi.
Both the companies have entered into a long-term service agreement to operate and maintain the 10-storey hospital having a capacity of 300 beds, which is currently under construction, the company said in a statement.
Also Read:Mumbai hospital managed by Max Healthcare announces VRS scheme
Spread across 8.62 acres, the hospital, which will be named a 'Max Super Speciality Hospital, Dwarka', has a potential to add another over 1,000 beds in due course of time, it said. The current arrangement is restricted to Phase 1 of the hospital.
The hospital is expected to commence operations in the second half of 2023.
Max Healthcare Chairman and Managing Director Dr Abhay Soi said: "The arrangement underscores the focus and success of our strategic asset light model of growth and to start with, it will add 8 per cent to our overall capacity in near future. The new hospital will allow us to further strengthen our presence in Delhi NCR."
Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers. Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in.