bullish
Max Healthcare (MAXHEALTH IN): New Hospital Acquisition Expands Footfall in a New Populus City
412 Views10 Dec 2023 11:30
SUMMARY
- Max Healthcare Institute (MAXHEALT IN) has entered into a share purchase agreement for acquisition of a 550-bedded Sahara Hospital in Lucknow, Uttar Pradesh for an enterprise value of INR9.4B (~$113M).
- The Hospital currently serves ~2 lakh patients every year, with FY24 revenue run rate of INR2B. It has a renowned center of excellence for Neurosciences.
- The Hospital has a potential to quickly ramp up beds in existing building and expand medical programs such as oncology, transplants, robotics, etc.
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Rising
Tina Banerjee
Global Healthcare Analyst
- Max Healthcare (MAXHEALTH IN): New Hospital Acquisition Expands Footfall in a New Populus City10 Dec 2023
- Max Healthcare (MAXHEALTH IN): Robust Financial Performance in Q2; Expansion Projects Are On Track16 Nov 2023
- Max Healthcare (MAXHEALTH IN): Record High Sales and Profitability in Q4; Expansion to Drive Growth19 Jul 2023
- Max Healthcare (MAXHEALTH IN): Improving Operating Parameters; Well-Positioned for Long-Term Growth17 Apr 2023
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