Nagpur News

Max Healthcare Expands Eastward with Rs 412 Crore Acquisition of Nagpur’s Alexis Hospital

200-bed facility in Mankapur poised for growth, strengthens presence in Maharashtra

In a move to bolster its presence in central India, leading healthcare provider Max Healthcare has acquired Nagpur-based Alexis Multi-Speciality Hospital for Rs 412 crore. This strategic acquisition marks Max Healthcare’s entry into the burgeoning Nagpur market and aligns with its vision to expand its reach beyond metros.

Alexis Hospital boasts a well-equipped 200-bed facility situated on a 2-acre plot in Mankapur, a prominent residential and commercial hub in Nagpur. Notably, the hospital holds the potential to expand its bed capacity to 340, subject to regulatory approvals, allowing it to cater to the growing healthcare needs of the region.

Commenting on the acquisition, Max Healthcare Institute Chairman and Managing Director Abhay Soi stated, “The acquisition of Alexis Hospital aligns perfectly with our vision to expand our footprint in tier-2 cities with strong clinical talent and developed private healthcare infrastructure.” He further highlighted how this move strengthens Max Healthcare’s presence in Maharashtra, a key market for the company.

This strategic expansion is expected to benefit both entities. Max Healthcare gains a foothold in the promising Nagpur market, leveraging Alexis Hospital’s existing infrastructure and reputation. Simultaneously, Alexis Hospital stands to gain from Max Healthcare’s expertise, advanced technology, and wider network, enabling it to offer enhanced healthcare services to the Nagpur community.

While the news of the acquisition was met with positive industry sentiment, Max Healthcare’s shares witnessed a slight dip of 0.42% on the BSE. However, analysts remain optimistic about the long-term benefits of this strategic move, which positions Max Healthcare for continued growth in the Indian healthcare landscape.

Jeetu Likhar

I am Jeetu and I have been working as a professional content writer and SEO analyst for more than 12 years. I have worked with many big brands and have helped them improve their online visibility through my writing and SEO skills. I am passionate about helping businesses grow and reach their full potential online. I believe that every business deserves to be seen and heard by its target audience, and I am dedicated to helping them make that happen. If you are looking for someone to help you improve your online presence, then please contact me. I would be more than happy to help you grow your business!

Jeetu Likhar

I am Jeetu and I have been working as a professional content writer and SEO analyst for more than 12 years. I have worked with many big brands and have helped them improve their online visibility through my writing and SEO skills. I am passionate about helping businesses grow and reach their full potential online. I believe that every business deserves to be seen and heard by its target audience, and I am dedicated to helping them make that happen. If you are looking for someone to help you improve your online presence, then please contact me. I would be more than happy to help you grow your business!

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