Medicover India's 25 hospitals to be profitable in 18 months, executive says
26/08/2026 10:29
Medicover India's 25 hospitals to be profitable in 18 months, executive says Aug 26 (Reuters) - Swedish healthcare provider Medicover's MCOVb.ST India business is on track to have all 25 hospitals in its network become profitable within 18 months, driven by rising occupancy and demand for specialised care, a top executive told Reuters on Wednesday.
Earlier this month, global investment firm KKR KKR.N signed a deal to buy Medicover's India business for €1.2 billion ($1.40 billion), pending regulatory approvals.
($1 = 0.8573 euros)
(Reporting by Rishika Sadam and Kashish Tandon; Editing by Janane Venkatraman)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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