Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
7003.45
-124.75 (-1.75%)
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Apollo Hospital plan to add 2,000 beds over next two financial years: Report

Date: 22-01-2015

Apollo Hospitals Enterprise is reportedly planning to add another 2,000 beds over the next two financial years, at a cost of around Rs 1,500 crore. Moreover, the company is looking at various avenues to fund the expansion, it is seriously considering the private equity (PE) route to raise money.

As of September 2014, the company has 54 hospitals with 9,091 beds. It also runs one of the largest pharmacy retail chains (1,717 stores).

Apollo Hospitals is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.