Yatharth Hospital Expands with Dual Acquisitions in Delhi-NCR

Yatharth Hospital is acquiring a 60% stake in a new Faridabad hospital, enhancing its Delhi-NCR reach. Plans include agreement with MGS Infotech, with operations starting in 6-10 months. Additionally, Yatharth won the bid for a super speciality hospital in Delhi, expanding its bed capacity and client base.

Devdiscourse News Desk | New Delhi | Updated: 30-10-2024 19:57 IST | Created: 30-10-2024 19:57 IST

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In a strategic move to expand its presence in the Delhi-NCR region, Yatharth Hospital and Trauma Care Services announced it will acquire a 60% stake in a newly planned hospital located in Faridabad.

The healthcare provider revealed this acquisition plan on Wednesday, following approval from its board to proceed with the agreement alongside MGS Infotech Research and Solutions Pvt Ltd.

With this deal, Yatharth aims to operationalize the 400-bed facility in Faridabad within the upcoming 6 to 10 months, while also successfully securing control of a well-known super speciality hospital in New Delhi.

(With inputs from agencies.)