Apollo Hospitals is evaluating options to set up its third hospital in Chennai. A 200-300 bed facility will come up in south Chennai where the company does not have a presence currently.
“It could be an ‘operate and lease model' or land purchase. But it will be an asset-light model,” said a company official, without elaborating. Depending on the model adopted, the investment could vary anywhere from Rs 100 crore to Rs 300 crore.