At least 175. That is the number of hospital owners looking for a buyer or a lessee in India. These hospitals, holding anywhere from two to 1200 beds, have alarming vital signs. The nursing homes and neighbourhood hospitals in urban India, which keep the Indian healthcare delivery ticking, are in distress. Ever since hospitalforsalelease.com came up a year ago, it has been busy connecting hungry investors to hamstrung hospitals.
A big fish game
Buying in, building out: Indian hospital giants get bigger
The typical Indian doctor who once established a small hospital in every Indian city now wants out. As the distress sale kicks in, big hospital chains stand to benefit
Hundreds of small standalone Indian hospitals and nursing homes are in financial distress and looking for buyers
In a new trend, hospital chains are expanding their business by buying these hospitals instead of building new ones
In the last three months, Shalby, Aster DM and KIMS Hospital acquired many small hospitals as they sped towards the stock market
As for big cities, investors like TPG Capital are working on country-wide brand-building by acquiring large hospital assets like Fortis