INDIA – City-based Care Hospitals Group announced it has acquired 100% stake in Thumbay Hospital New Life, Malakpet, Hyderabad, for a consideration of 40 crore (US$5.2million) as part of efforts to expand its presence in the northern part of the city.
With the acquisition of the 200-bed Thumbay Hospital, Care Hospitals’ total capacity will now go up to around 2,200 beds.
Commenting on the deal, Jasdeep Singh, group CEO, Care Hospitals, said, “This acquisition will further expand our patient care offerings and enable us to offer our healthcare to everyone in need of it.”
Syed Kamran Husain, chief operating officer, Care Hospitals, Malakpet, said the hospital will cater to the needs of people in this part of town with a multi-specialty healthcare facility.
“Our emphasis will be to upgrade the quality of healthcare services in Malakpet and nearby areas and ensure good health and well-being of the communities in the catchment area.”
With the latest acquisition, Care Hospitals group now has 14 healthcare facilities across six cities and a pool of over 1,100 doctors and 5,000 caregivers catering to over 800,000 patients annually.
Care Hospitals, Malakpet will become operational from the first week of May 2022.
In other related news, the Telangana State Consumer Disputes Redressal Commission (TSCDRC) has ordered Care Hospitals in Hyderabad to refund 7.2 lakhs (US$6,220) to a 78-year-old patient, plus 12 percent interest.
The hospital charged the complainant more than the Central Government Healthcare Scheme (CGHS) rates for her surgery in 2018.
Beela Achiyamma, the complainant, had a coronary bypass surgery in 2003 and was admitted to Care Hospital in 2018 due to shortness of breath. She had surgery after doctors advised her that she needed a mitral valve replacement.
The complainant’s son was eligible for the CGH scheme, and Care Hospital, one of the CGHS’s empaneled hospitals, performed the surgery after a Navy dependent card was presented at the time. The hospital also requested that the son pay the bill without issuing an invoice.
When the complainant’s son compared the final bill to the CGHS rates, he discovered that the hospital had charged them an excess of 7.2 lakhs (US$ 6,220).
The complainant’s son sent an email to the hospital to clear up the confusion, but there was no response.
The complainant’s claim that a dependent card was presented during surgery was denied by Care Hospital.
After hearing both sides’ arguments, the commission ordered the hospital to refund the amount with a 12 percent interest and an additional Rs 10,000 (US$130.6) to the complainant.
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