Nayati Healthcare acquires majority stake in PrimaMed

Nayati Hospital

Putting up a tough competition to already established healthcare players including Fortis and Medanta in Gurgaon, the Nayati Healthcare is coming up with 600-bedded hospital in the city.

The hospital called PrimaMed most likely will be operational early next year. Nayati acquired majority stake (51 per cent) in PrimaMed as well as Prima-Med Vimhans this week.

Nayati which presently operates Nayati Medicity in Mathura and Nayati Hospital in Agra, has partnered with OSL healthcare to run the private hospital which is in the offing.

The company is also planning to establish private hospitals in cities like Amritsar, Varanasi, Lucknow and Nagpur.

Nayati Healthcare Chairperson and Promoter Niira Radia said, “The addition of PrimaMed will help us consolidate our position in North India and act as a strategic centre for the group.”

The acquisition of majority stake in these two hospitals will help optimise clinical and service excellence, said the former PR entrepreneur.

When asked about the stake the company has acquired and the funding details, Nayati Healthcare Co-Promoter Rajesh Chaturvedi said: “We have acquired 51 per cent shareholding in OSL Healthcare which owns these two hospital facilities – one functional, one to be operational soon.”

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