Shalby Hospitals in talks to take control of two hospitals for Rs 250 crore

Shalby Hospitals, which is on an expansion spree is in talks to take over two hospitals, one in Delhi and the other one in Kolkata, at an estimated cost of around Rs 250 crore. The Delhi hospital has a 150-bed capacity, while Kolkata is a 200-bedded hospital. These two hospitals are in addition to the Rs 160-crore capital expansion undertaken by the Ahmedabad-headquartered hospital chain to add 538 beds. Part of this expansion plan includes setting up multi-specialty hospitals in Nashik and Vadodara with a total capacity of 263 beds. Rest of the additional beds will come from two hospitals in Mumbai that the company plans to take over. In the first one, the healthcare provider has taken over operations and management (O&M) of 50-bedded Zynova Hospital in Ghatkopar, Mumbai, and is adding another 100 beds to make it a 150-bed hospital. Shalby also entered into an agreement to takeover O&M of 110-bedded Asha Parekh Hospital in Santacruz, Mumbai which was shut down in February last year due to losses. Shalby is further expanding Asha Parekh Hospital by adding 65 beds.