Manipal Hospitals completes acquisition of Columbia Asia

Manipal Hospitals has announced the successful completion of acquiring 100 per cent stake in Columbia Asia Hospitals. The transfer of ownership has taken place post the completion of all regulatory approvals. With this acquisition, Manipal Hospitals becomes India’s second-largest multi-speciality hospital chain. Today, the integrated organisation with the strong clinical expertise and breadth of services of Manipal Hospitals, complemented by the strengths of Columbia Asia in clinical and service quality, is uniquely placed to enhance access and address the growing demand for high quality tertiary and quaternary healthcare in the country. The acquisition helps Manipal Hospitals with a remarkable geographical and cultural fit that Columbia Asia offers to reach a larger national footprint. Together, the combined entity now has 26 hospitals across 14 cities with 7,000+ beds, and a talented pool of 4,000+ doctors and 10,000+ employees. Treating over 4 million patients annually, the hospital chain today ranks amongst the largest healthcare provider networks in the country.