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Corporate News

as on 08-Nov-2019  19:57

Board of Narayana Hrudayalaya approves closure of operations of Whitefield unit
The Board of Narayana Hrudayalaya at its meeting held on 08 November 2019 has approved closure of operations of Whitefield unit of theCompany.

NH Whitefield hospital was started in the year 2013 with a built-up area of approx. 1.1 lac sq. ft. with91 operational beds with a plan to expand the capacity in phases to make it a sustainable and viableunit. The unit was positioned for upmarket segment with day-care and short-stay specialties, exceptCardiac care and Oncology. However, the unit was not able to scale due to various reasons includingthe failure of the Lessor to provide additional infrastructure that is compliant with all regulatorynorms.

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