Over the last couple of years, the hospital sector has been red-hot, attracting a surge of investors and culminating in multi-million buyouts headlining large chains such as Manipal and Max.Others in the fray include private equity firms, including, ChrysCapital, Multiples, Quadria Capital and Kedaara Capital, a person close to the development said.
Post Covid, there has been a massive increase in demand for private healthcare. And a rise in ageing population, increase in lifestyle ailments and higher incomes, have increased investor appetite.
Omega hospital was founded in 2010 by oncologist Dr Mohana Vamsy along with a group of physicians. At present, Vamsy plans to offload equity to fund future expansion of the hospital, the source said. It was set up with the objective to create a super-speciality hospital with emphasis on advanced treatment for cancer. According to its website, it has expanded to centres including Guntur, Kurnool and Vizag.
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