Health
Narayana Health Acquires Practice Plus Group for ₹2,200 Crore
Narayana Health, one of India’s leading healthcare providers, has announced its acquisition of the UK-based Practice Plus Group Hospitals for ₹2,200 Crore. This significant move marks Narayana Health’s entry into the UK healthcare market, aligning with its commitment to making high-quality healthcare accessible and affordable globally.
This acquisition brings 12 hospitals and surgical centres under Narayana Health’s management, primarily focusing on orthopaedics, ophthalmology, and general surgery. The strategic addition enhances Narayana’s international presence, positioning it among the top three healthcare providers in India by revenue. With Practice Plus Group being the fifth-largest private hospital network in the UK, the partnership is poised to leverage the increasing demand for private healthcare services, especially in surgical specialties.
Shared Vision for Accessible Healthcare
Both organizations share a fundamental belief that quality healthcare should be a universal right, rather than a privilege reserved for the few. Dr. Devi Prasad Shetty, the Founder and Chairman of Narayana Health, expressed enthusiasm about the acquisition, stating, “This is an incredibly exciting step for our company. Like Narayana Health, Practice Plus Group understood that while most patients struggle to access healthcare, only a few can afford expensive private treatment. We have both been working to bridge that gap.”
He added, “Together, we are a perfect fit, and I look forward to welcoming Practice Plus Group into the Narayana Health family and helping even more people get the care they need.”
Echoing Dr. Shetty’s sentiments, Jim Easton, Chief Executive of Practice Plus Group, praised the partnership, highlighting Narayana Health’s reputation for delivering efficient, high-quality healthcare. “I’m excited to see what Practice Plus Group’s hospitals and surgical centres can achieve with Narayana Health’s support,” Easton remarked.
The integration of Practice Plus Group into Narayana Health is expected to enhance their combined capabilities, merging local expertise with Narayana’s technological innovations and operational excellence. The two entities aim to deliver long-term value for patients, partners, and stakeholders while setting new benchmarks in accessible healthcare delivery.
Narayana Health’s Global Vision
Founded by renowned cardiac surgeon Dr. Devi Shetty and headquartered in Bengaluru, Narayana Health operates a vast network of primary, secondary, and super-speciality tertiary care hospitals across India and the Caribbean. The group employs over 18,800 professionals, including nearly 3,900 doctors and specialists, and is recognized for its Centres of Excellence, patient-first approach, and clinical excellence.
In addition to its core services, Narayana Health has expanded its reach through subsidiaries such as Narayana One Health (NH Integrated Care) and Narayana Health Insurance. These initiatives underscore the group’s holistic approach to healthcare, encompassing prevention, treatment, and long-term wellness.
With the acquisition of Practice Plus Group, Narayana Health not only broadens its geographical footprint but also reaffirms its mission to deliver high-quality, compassionate care to patients worldwide. This strategic move symbolizes a significant step forward in the ongoing effort to transform healthcare accessibility in both India and the UK.
-
World4 months agoSBI Announces QIP Floor Price at ₹811.05 Per Share
-
Lifestyle4 months agoCept Unveils ₹3.1 Crore Urban Mobility Plan for Sustainable Growth
-
Science3 months agoNew Blood Group Discovered in South Indian Woman at Rotary Centre
-
World4 months agoTorrential Rains Cause Flash Flooding in New York and New Jersey
-
Sports3 months agoBroad Advocates for Bowling Change Ahead of Final Test Against India
-
Top Stories4 months agoKonkani Cultural Organisation to Host Pearl Jubilee in Abu Dhabi
-
Science4 months agoNothing Headphone 1 Review: A Bold Contender in Audio Design
-
Top Stories4 months agoAir India Crash Investigation Highlights Boeing Fuel Switch Concerns
-
Sports3 months agoCristian Totti Retires at 19: Pressure of Fame Takes Toll
-
Business4 months agoIndian Stock Market Rebounds: Sensex and Nifty Rise After Four-Day Decline
-
Politics4 months agoAbandoned Doberman Finds New Home After Journey to Prague
-
Top Stories4 months agoPatna Bank Manager Abhishek Varun Found Dead in Well
