Manipal Health Enterprises, the healthcare arm of the Manipal Education and Medical Group, has acquired a 70-bed hospital at Klang in Selangor district of Malaysia.
The 14-year-old hospital, which was set up by medical practitioner Poraviappan Arunasalam, comes with equipment such as 64 Slice CT and 1.5 T MRI, amongst other facilities.
The acquisition includes a 200-bed tertiary care hospital under construction at a nearby location that will be commissioned by the end of 2014. The facility is being implemented in accordance with the Malaysian healthcare guidelines, a statement added.
While Poravi will continue to guide the running of the hospital, Ramkumar Akeila will be CEO and MD, according to company sources.
Swaminathan Dandapani, Executive Chairman of Manipal Health Enterprises, said: “This acquisition is a part of the company’s evolving strategy to expand its footprint in India and in identified countries of West Asia, Africa and Asia Pacific. In the near term, significant capacities will be created to add on to the present group capacity of 15 hospitals, 5000 beds and a patient traffic of about 2 million annually.”