Hyderabad based CARE Hospitals acquires CHL Hospitals, MP

CARE Hospitals Group an asset of TPG Growth managed Evercare Fund and one of the largest hospital networks in India announced its entry into Madhya Pradesh region through the acquisition of Indore based CHL Hospitals.

Established in 2001, Convenient Hospitals Ltd. (CHL) was the first corporate hospital established in the central region of India and is known for its strong clinical expertise in the fields of Cardiology/Cardiac Surgery, Neuro Sciences, GI, Liver Transplants, Renal Sciences and critical care. Hyderabad based CARE Hospitals Group an asset of TPG Growth managed Evercare Fund and one of the largest hospital networks in India today announced its entry into Madhya Pradesh region through the acquisition of Indore based CHL Hospitals.

CARE Hospitals was instituted in 1997 as a single speciality Cardiac Hospital in Hyderabad with 100 beds & 20 cardiologists. The Group has now evolved as India's leading multi-speciality hospital network with 15 healthcare facilities across 6 states and over 2400 beds offering 30 Clinical specialities. It is the first hospital group in India which has established a strong presence in tier 2 cities in India.CARE Hospitals was instituted in 1997 as a single speciality Cardiac Hospital in Hyderabad with 100 beds & 20 cardiologists.

Speaking about the acquisition, Mr.Jasdeep Singh, Group CEO, CARE Hospitals said, We welcome CHL Hospitals to the CARE Hospitals network and are excited by the potential to create greater accessibility to high end clinical care to patients with our combined expertise in Central India. As a national chain CARE Hospitals has always been at the forefront of providing quality healthcare to the patient community in tier-2 cities and our hospitals are leading providers in each of these cities. This partnership with CHL consolidates our presence further with a leadership position in a key geography of the country."

With a highly talented team of more than 1200 doctors across the network and 6000+ employees the CARE Hospitals group treats millions of patients every year and over the last 25 years has excelled in Cardiac Sciences, Oncology, Neurosciences, Renal Sciences, Gastroenterology &Hepatology, Orthopaedics & Joint Replacement, ENT, Vascular Surgery, Integrated Organ Transplants.