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. Except some are more choosy than others.
Rohit Kapoor, senior director at Max Healthcare in Delhi, is inundated with proposals for acquisitions, alliances or management takeovers of hospitals.