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Max Healthcare acquires Alexis Hospital for Rs 312 crore

by Blitzindiamedia
February 10, 2024
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NEW DELHI: Max Healthcare Institute on February 9 said that it has acquired Nagpur-based Alexis Multi-Speciality Hospital Pvt Ltd. (Alexis) for an enterprise value of Rs 412 crore.

The 200-bed hospital is recognised by Joint Commission International (JCI), a global leader in health care accreditation “The hospital has a built up area of around 2.25 lakh square feet and offers multidisciplinary care in the areas of gastroenterology, neurosurgery, cardiology, transplants and related diagnostic facilities,” said Max Healthcare in a filing with the BSE.

The hospital’s capacity can be expanded to 340 beds in view of the land’s floor area ratio and existing structure. “Further, the hospital medical programme can be further strengthened in the surgical specialties like Cardiothoracic and Vascular Surgery (CTVS), Urology, Oncology and Neurosciences, leading to an improvement in average revenue per occupied bed and occupied bed days,” said Max Healthcare in a press release.

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