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Global Health planning to takeover 80 bedded Cancer Hospital in Indore

Medanta will pay a consideration of Rs 30 crore for the transfer of business, including the assignment of the long-term lease

Global Health (Medanta) is planning to takeover 80 bedded Cancer Hospital in Indore, Madhya Pradesh under a Business Transfer Agreement (BTA). This takeover strengthens Medanta’s presence in Central India and complements its existing 175-bedded multi-specialty hospital.

Strategically located just 500 meters from the current Medanta Indore facility, the newly-built Cancer Care Hospital will enable the launch of a comprehensive oncology program, enhancing Medanta’s specialty offerings in Indore. The integration is expected to drive operational synergies, optimise capacity utilisation, and improve patient flow across both facilities.

Under the Business Transfer Agreement, Asian Institute of Oncology as the transferor, will transfer the Indore Business Undertaking (AIOPL Indore) as a going concern to Medanta, the transferee. Medanta will pay a consideration of Rs 30 crore for the transfer of business, including the assignment of the long-term lease.

Global Health is one of the largest private multi-speciality tertiary care providers operating in the North and East regions of India.