MGM Healthcare forays into Chennai

To invest ₹800 cr. in 2 new hospitals

October 27, 2018 08:34 pm | Updated 08:37 pm IST - CHENNAI

Photo: MGM Healthcare

Photo: MGM Healthcare

Puducherry-based MGM Healthcare Group will soon be opening a 400-bed state-of- the-art hospital in Chennai, marking its foray into the city, said a senior official.

“We are transforming our healthcare vertical by investing in new chain of hospital and upgrading our teaching hospitals,” said Prashanth Rajagopalan, director, MGM Healthcare Pvt. Ltd. “The first hospital in Chennai will be open to public by mid-December.”

An investment of close to ₹400 crore has been made in the Chennai hospital that is spread over 3.50 lakh sq.ft. It would have 400-beds, 50 out-patient consultation rooms, 10 operating theatres and more than 100 critical care beds.

“Our aim is to have standalone private hospitals in Chennai with 1,000 beds by 2021 and 2,000 beds by 2024. The first in the line is opening up of another quaternary care facility, with an emphasis on cancer treatment in Chennai, over the next two to three years. It would have 500 beds and the investment is another ₹400 crore,” he said.

To open more hospitals

MGM group, which already has 2,000 beds through its medical colleges in Puducherry and Chennai, is planning to open more hospitals in the South over the next five years through the organic route.

“We are yet to chalk out the plan for other hospitals. The investment cost will be met through internal accruals,” he said.

Regarding the Chennai hospital, he said it would be one of the best IT-enabled hospitals in the country offering service innovations. – Electronic Medical Records, Digital ICU with charting solutions and predictive analytics using Artificial Intelligence to prevent and treat any adverse clinical events and IoT enabled Building Management System. It would also provide connected home healthcare facilities.

It would have centres of excellence in field of cardiac sciences, multi organ transplantation, neuro sciences, orthopaedics, oncology, gastro sciences, renal sciences, obstetrics and gynaecology and paediatrics, he said.

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