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Competition Commission Of India (CCI) approved the merger of Aster DM Healthcare and CARE Hospitals, Quality CARE India Limited (QCIL), paving the way for Aster DM Quality Care Limited. This entity will be controlled by Aster Promoters and Blackstone.
This merged entity will become one of the largest private hospital networks. The strategic consolidation will establish one of India’s top three hospital chains. A significant step towards developing the country’s healthcare infrastructure.
This newly merged entity will operate 38 hospitals, accounting for more than 10,000+ beds in 27 cities. The aim is to expand the capacity to 3500 beds by the 2027 fiscal year.
Founder and Chairman of Aster DM Healthcare, Azad Moopen Dr, expressed that “the CCI approval is an important milestone. The merger is not merely a consolidation of resources but a convergence of vision, expertise, and a shared commitment to building one of the largest and most impactful healthcare networks in the country,”. He further continued, “The integration of Aster and Quality Care’s extensive networks and operational expertise will significantly strengthen our capacity to deliver world-class healthcare, foster innovation, and elevate patient outcomes.”
This merger is expected to integrate the operations, increase growth and provide better and advanced healthcare to patients. The aim is to provide better and improved services that create best practices, more standardised protocols, and versatile specialities with increased collaboration.
Better investment in the merger will scale the advanced technologies in the healthcare and digital platforms. This merger will foster more innovation and provide patients with a more seamless experience in the healthcare industry, ensuring their lives are in the best hands.
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