MGM Healthcare to initiate massive expansion plan

Chennai-based MGM Healthcare has chalked out a multi-pronged growth and expansion strategy. The multi-specialty hospital is planning to aggressively ramp up its bed capacity, expand its presence in neighboring states besides foraying into dedicated oncology care and preventive healthcare space.

“By 2024, we will have about 1,000 beds in Chennai and surrounding markets. We are planning to develop another 3,000 beds across Andhra Pradesh, Telangana and Karnataka. Overall, our aim is to develop 4,000 beds by 2025-26 across these four southern states,” Prashanth Rajagopalan, Director, MGM Healthcare told BusinessLine.