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Apollo Hospitals to Add 2,000 More Beds

Apollo Hospitals will add 2,000 beds in the next 24 months for an estimated outlay of nearly Rs 1,200 crore. “We are in the process of adding 2,000 beds in next 24 months at different locations in India. The cost of beds will vary from Rs 50 lakh to 70 lakh,” Apollo Hospitals Managing Director Preetha Reddy told PTI. At present, Apollo Hospitals has over 8,500 beds capacity across 50 hospitals within and outside India. “Apollo pharmacy has become profitable and hence will be hived off as a separate business entity over a period of time. We will either tie up with a strategic partner or make it a public listed company,” she said.

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