Global hospitals plans to expand India footprint

IHH Healthcare in 2015 acquired a controlling stake in Ravindranath GE Medical Associates (Global Hospitals) for ₹1,284 crore. Thereafter it infused ₹265 crore to fund the hospital chain's capex requirements and optimise cost. IHH Healthcare currently operates a network of six Global Hospitals, with about 1,000 beds in Mumbai, Hyderabad, Bengaluru and Chennai. Global Hospitals known for its complex multi-organ complex multi-organ transplantation, that contributes about 30% of its revenues.

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