IHH Healthcare, the Singapore-Malaysia-based hospital group has plans to double its bed capacity to 10,000 beds in next four to five years through both brownfield expansion and acquisitions.
The brownfield expansion will be done through internal accruals. IHH plans to expand into tier-II cities beyond metros. IHH Healthcare has around 5,000 bed capacity in India under Fortis and Gleneagles, and plans to add 2,000 beds through brownfield expansion, and another 3,000 beds via acquisition opportunities.
IHH pursues its dual brand strategy in India, operating hospitals under Fortis and Gleneagles, while it integrates the backend operations such as IT and procurement for improved efficiencies.