Saturday, October 16, 2021

Manipal Hospitals to divest hospital biz at Klang, Malaysia to RSDH – Express Healthcare

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Group scouting to expand its footprint in Eastern India

Manipal Health Enterprises (Manipal Hospitals) will be divesting their hospital business at Klang, Malaysia to healthcare provider Ramsay Sime Darby Health Care (RSDH). The transfer of ownership shall take place post completion of closure obligations, as per a press release.

Set up in 2016, Manipal Hospitals, Klang is a high-end tertiary care hospital accredited by the Malaysian Society for Quality in Health (MSQH). The 220 bedded facility offers an extensive range of over 30 specialty services including Klang’s only state-of-the-art trauma centre.

Commenting on the deal, Dilip Jose, MD & CEO, Manipal Hospitals said, “We are proud of having created and grown a strong healthcare franchise in Malaysia, modelled on providing high quality, affordable and comprehensive healthcare services. We wish our team at Klang and RSDH the very best as they together take the hospital through its next phase of growth.”

The divestment comes at a time when Manipal Hospitals gears up for a smooth integration of Columbia Asia Hospitals India as that acquisition is nearing completion. The Hospital group is reportedly also scouting to expand its footprint in Eastern India which is presently underserved and further enhance its presence in the existing geographies.

With 10 tertiary/quaternary care facilities and four secondary care hospitals spread across
India, Manipal Hospitals operates and manages about 6,000 beds across 14 hospitals. Post integration of Columbia Asia Hospitals in India, the organisation is slated to have an enhanced pan-India footprint of 26 hospitals across 15 cities, 7,300+ beds, a talent pool of 4,000+ doctors and 10,000+ employees.

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