Apollo Health and Lifestyle Limited (AHLL), a wholly owned subsidiary of the Apollo Hospitals Group, has successfully expanded its footprint in new markets such as Mumbai, Jaipur and Kanpur.
Apollo Health and Lifestyle Limited (AHLL), a wholly owned subsidiary of the Apollo Hospitals Group, has successfully expanded its footprint in new markets such as Mumbai, Jaipur and Kanpur. AHLL has been able to achieve this by acquiring Nova Specialty Hospitals. AHLL is aiming to create a business of Rs. 500 crore in five years in the space of multi-specialty Short stay/Day surgery centres.
The acquired chain of Nova Specialty Hospitals is spread over eight cities and will add to the Apollo network 45 Modular OTs, over 350 patient beds, with an average 20,000 square feet of built-up space in each centre. Nova Specialty Hospital’s existing centres will serve as new centres under the Apollo brand name and will benefit from Apollo’s legacy of expertise, clinical excellence and empathy. Apollo will re-launch the acquired centres in the coming months with new branding, an expanded menu of services and quality systems built on Apollo’s deep expertise in the hospitals space.
Neeraj Garg, Chief Executive Officer, AHLL says, “AHLL will strengthen the service offerings in these centres by introducing Apollo’s Preventive Health Checks and also establishing Sugar Clinics.” Commenting on the strategic move Sangita Reddy, Joint Managing Director, AHLL adds, “This acquisition will enable AHLL to catapult its presence into a leadership position in the segment of healthcare. The format has strong potential and with the brand equity of Apollo, AHLL will grow this business significantly in the next few years.” Apollo group has always been proactive in offering healthcare to meet the changing patterns of diseases and constantly strives to make quality medical care accessible to all.