The Fortis deal is finally done. The hospital operator’s board has accepted Rs 4,000 crore bid from Malaysia-based IHH Healthcare Berhad.
Naresh Trehan, chairman and managing director of Medanta spoke to CNBC-TV18 about the deal and how it will impact peers in the hospital industry.
“That is a positive in any case. If they think that the Indian healthcare industry and going forward, the delivery systems are going to perform well then the interest is expressed in this transaction which has been accepted by Fortis. So I think it is a good thing to see momentum in the healthcare business. It is all positive news,” said Trehan.
“Healthcare is a very important pillar of a country and also their transparency is paramount in delivery of healthcare. So I think that what is going on today will make things very transparent,” he added.
“I think we have a very good future. We are just going through a turmoil right now. All the things that are happening are positive but the only concern in the healthcare industry is that will the actual cost of delivery be recognised and pricing made accordingly. If that happens, I think we will have a great future. We would be proud of our healthcare sector in times to come,” said Trehan.
Trehan said they are not planning to sell out.
“We are expanding. We have 3,000 beds coming on capacity in the next three years. so every year, we are going to add on 1,000 beds. So I am strongly positive on the sector,” he said.