Manipal Health to expand presence in Malaysia

KUALA LUMPUR (Aug 19, 2013): Manipal Health Enterprises (MHE), the healthcare arm of the Manipal Education and Medical Group, is planning to invest close to US$100 million (RM327 million) in Malaysia as it expands its business here over the next five year, managing director and CEO Rajen Padukone said.

The Indian company based in Bangalore made its first acquisition of a 70-bed hospital in Klang, Selangor, earlier this month. The acquisition includes a 200-bed tertiary care hospital, which is being constructed in a nearby location.

"We first look at all the locations for opportunities to set up a hospital where we have education presence. Education has always been first initiative for the group to go overseas beyond the shores of India," Padukone told reporters a press conference here Friday.

The Manipal Group has two campuses in Malaysia – the Melaka Manipal Medical College in Melaka and Malaysia International University in Nilai, Negeri Sembilan.

Padukone said the company plans to set up a 150 bed hospital in Melaka, located in the vicinity of the Melaka Manipal Medical College. "We are still in the process of finalising the capacity design," he said.

Padukone said apart from the acquisition, MHE is also exploring greenfield opportunities in Klang, Kuala Lumpur and Melaka.

MHE currently manages 15 hospitals in over 11 locations across five states in India, which covers all levels of care, from primary to quaternary care. These hospital networks serve nearly 2 million patients annually in India and from abroad.

Padukone said it has a clinical and healthcare skill pool of over 2,000 doctors and 6,000 nurses, paramedics and support staff.