Kavery Medical Centre to set up hospital in Chennai

Tiruchi-based Kavery Medical Centre & Hospital, popularly known as KMC, is setting up a hospital in Chennai. The outlay in the 200-bed multi-speciality hospital is around Rs 40 crore.

The investment is being funded through bank loans and internal accruals. “If need be, we may go for PE funding,” says Dr S. Manivannan, Joint Managing Director, KMC.

The hospital, targeted at the middle class, is coming up at an existing building in Alwarpet, Chennai, spanning four floors. It is expected to start operations by November this year.

This hospital will strive to be a ‘clean hospital’ catering to exact cleanliness standards, said Dr Manivannan. For instance, the hospital will have joint-free vinyl flooring, since joints are prone to dirt collection and thus infection. It is also trying to incorporate the concept of seamless modular operation theatre – where there are no joints between the roof and the walls.

“We will go in for quality assessment by the National Accreditation Board for Hospitals within a year of operations,” says Dr Manivannan.

Kavery was started by first generation entrepreneurs including Dr Manivannan. It runs two hospitals in Tiruchi– the 250-bed Kavery Medical Centre (KMC) and the 200-bed KMC Speciality Hospital. KMC Speciality was formed as a result of an Rs 18 crore-acquisition of Seahorse Hospital in 2009 with the help of PE firm Nicholas Piramal Investors.

Dr Manivannan is also the CEO of Medicall, which organises medical equipment and hospital infrastructure exhibition every year. The seventh edition of the expo will be held from August 12-14 in Chennai. It will see the participation of 425 exhibitors from across the world. Seminars on seamless operation theatres and air quality inside hospitals will also be held.

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