Columbia Asia to invest $150 m on expansion

September 11, 2014 12:16 am | Updated 12:16 am IST - BANGALORE:

Columbia Asia, pursuing a strategy to create clusters of hospitals in large urban areas, on Wednesday, said it planned to invest $150 million to expand its network to 34 hospitals and one clinic by 2018.

It now has more than 8,000 employees serving over two million patients a year in 26 hospitals and a clinic in Malaysia, India, Indonesia and Vietnam, a release from the company said.

Over the next four years, Columbia Asia proposes to open eight hospitals — three each in Malaysia and India and two in Indonesia. It had opened four hospitals over the last few months — at Bangalore and Ahmedabad in India and at Jakarta and Semarang in Indonesia.

“No other healthcare provider in Asia has hospitals in as many countries operating under a single brand,” said John Northen, CEO of the Columbia Asia group of companies.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.