Fortis Malar Hospitals Ltd has announced the sale of Malar Hospital in Chennai s Gandhi Nagar to MGM Healthcare Pvt Ltd for Rs 45.5 crore. The transaction includes the divestment of OPD and radio diagnostics business operations, land, building, and adjacent land parcels by Fortis Health Management Ltd and Hospitalia Eastern Pvt Ltd, wholly owned subsidiaries of Fortis Healthcare Ltd.
Fortis Healthcare Ltd, the hospital chain controlled by Malaysia’s IHH Healthcare, will sell its Chennai facility to MGM Healthcare Pvt Ltd, helping the latter expand ..
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Tamil Nadu has the highest number of cadaver organ donations in the country with organs being harvested from around 1,200 people who were declared brain dead since 1995.