Corporate hospitals chart out plans for expansion via brownfield route

The focus on brownfield expansion and sprucing up existing hospitals is because this requires less investment

With the pandemic showing signs of abating and the macro healthcare growth outlook expected to be intact, corporate hospitals, both listed and unlisted, are busy charting out expansion plans, primarily through the brownfield route.

Most hospitals have plans to add beds in their facilities, while also  taking over and refurbishing existing sites in key geographies. Some hospitals are also looking out for operate-and-manage (O&M) contracts in smaller towns and cities.

Param Desai, analyst with Prabhudas Liladher, says that the existing capacities can at best take care of the demand for the next one to one-and-a-half years. “Hospitals are thus embarking