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Medicover Global inaugurates 250 bed hospital in Nellore

Nellore, Feb 19 (UNI) Medicover Global, a leading healthcare and diagnostic services provider from Europe, has inaugurated its 250-beds hospital here on Wednesday.

The Group will further expand its operations in the coastal town with setting up of “Medicover Oncology Institute” (MOI), a 100-beds cancer cure facility, Medicover Global CEO Mr Fredrik Ragmark told reporters on the occasion.

The Group has to date invested Rs 700 crore in the form of debt and equity and it has committed another Rs 300 crore towards upcoming projects, including MOI facility in Nellore, he informed.


Mr Ragmark said, Medicover Global will bring best-in-class technology, capital, world-class infrastructure, artificial intelligence, and other elite services to deliver quality, process oriented, patient-centric healthcare in India.
This market is all set to witness tremendous growth over the next few decades, and Medicover Global is rightly positioned to tap into this opportunity, he said.
In addition to Nellore, we are currently operating hospitals in Hyderabad, Kurnoo and Visakhapatnam, he said the Group is in talks to acquire a 500-beds hospital in Hyderabad; and is in the process of adding another 500-beds hospital in North Coastal Andhra Pradesh, by setting up a 200-beds unit in Visakhapatnam, and a 300-beds facility in Srikakulam.

Commenting on expansion, Medicover India Chairman Dr. Anil Krishna, said it has all necessary technological collaborations to ensure world-class infrastructure is brought to India and made available to the patients.
UNI KNR CS 1840
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