Medica unveils expansion plans in East

Kolkata, Dec 20 : The Medica Superspeciality Hospital on Thursday announced their next phase of expansion with an approximate investment of Rs. 450 crores.

The hospital is all set to enter its second phase of expansion with their blue print for 12 new facilities which are to come up especially in the tier II and tier III cities as per their agenda for the next 18-24 months, officials informed.

The hospital also enlists plans to upgrade their flagship hospital at Kolkata with state-of-the-art facilities as well the setting up of a 150 bed cancer hospital at Siliguri with all the necessary units such as the Radiotherapy, the Chemotherapy unit among few others.

The Cancer segment is scheduled to come up within the Medica campus itself which now borders the 150 bed hospital (originally the North Bengal Clinic hat was taken over by the group).

"Upgrading the existing hospital there would necessarily imply incorporating facilities like CT scan, adding surgeocal rooms alongwith 70 more beds etc., and we also plan to add 200 more beds to the existing 400 bed hospital here at Mukundapur," said Dr. Kunal Sarkar speaking on the occasion.

The group has joined hands with their new PE investor Quadria Capital (in partnership with DEG & Swedfund) with their previous stakeholder ICICI Ventures which had invested in Medica as a Greenfield project, exiting partnership now.

"We want to create excellence in the field of healthcare here in Kolkata so that we don't have to find a large section of people still moving to South India to avail medical treatments", said Dr. Alok Ray, Chairman and Managing Director of the Medica Group.

The tier II and tier III cities, as Dr.Ray elaborated on it, is deemed to include cities like Asansol, Jamashedpur, Ranchi, Shillong, Guwahati, Rourkela, Kalinganagar and Gopalpur.

With this Medica aspires to grow as the largest healthcare provider of Eastern India that would contain over 3000 beds under its banner once the plan is materialized. The hospital houses around 800 beds presently.

Commenting on the occasion Dr. Kunal said, "Our present day problem that we need to immediately combat with is not the shortage of doctors but rather the shortage of ample of opportunities for them to work."

"The figure of undergraduate doctors in the state stands at more than 3000 and 1600-1700 for the postgraduate ones of whom only 10% are properly placed. So what we need is to build up an opportune working environment for them" he added.

--IBNS (Posted on 20-12-2013)

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