Max Healthcare acquires Nagpur-based Alexis Hospital for ₹412 crore

The 200-bed hospital is set up on a land parcel of 2-acre at Mankapur, north of Nagpur.

The facility has potential to increase its bed capacity from 200 operational beds to 340 beds after necessary regulatory approvals.

“The acquisition of Alexis Hospital is in line with our vision to expand our footprint in tier-2 cities with abundance of clinical talent and developed private healthcare infrastructure,” Max Healthcare Institute Chairman and Managing Director Abhay Soi said.

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Alexis Hospital acquisition will strengthen company’s presence in Maharashtra region, he added.

Shares of Max Healthcare were trading at a loss of 0.42 per cent at ₹866.4 apiece on the BSE.

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Published: 09 Feb 2024, 04:07 PM IST