Motherhood Hospitals plans Rs 130 cr expansion

Motherhood Hospitals plans Rs 130 cr expansion

Motherhood Hospitals, a Bengaluru-based speciality hospital chain, has earmarked an investment of Rs 130 crore for expansion in the next four months, with focus on neonatal care.

By march 2018, the hospital plans to enter Mumbai, Pune, Hyderabad and Indore, taking its capacity to 300 beds from the current 100 beds. Bengaluru will get its fifth Motherhood Hospital in Banashankari.

Further, it will dedicate 30% of its installed capacity for neonatal intensive care unit (NICU), across the network. Motherhood Hospitals CEO Vijayrathna V told DH, "Multi-speciality hospitals generally dedicate only 3-4% of their capacity for NICU. But that is not sufficient considering how India has the highest number of premature births at 3.6 million. NICU beds is the way to address this problem."

While early 2018 will witness about 10-12 operational Motherhood centres across the country, the hospital plans to expand its network to over 20 centres in the next 2-3 years.

"The first phase of expansion will be in Tier-I cities considering the high-end technology we have installed in the NICU facilities. We can expand into Tier-II and Tier-III cities as we find support from infrastructure," said Vishal Bali, Executive Chairman, Asia Healthcare Holdings and Senior Advisor - helathcare, TPG Growth. A private equity and venture capital firm TPG Growth holds 92% stake in Motherhood.