Friday, March 29, 2024
Outlook.com
Outlook India
Outlook Business

HCAH Expands Out-of-Hospital Healthcare Services, Acquires Nightingales Home Health Services

The acquisition brings together two companies with a shared goal of providing quality out-of-hospital care to patients across the country

HCAH Expands Out-of-Hospital Healthcare Services, Acquires Nightingales Home Health Services

Outlook Start-Up Desk

POSTED ON April 21, 2023 9:11 AM

Healthcare at Home (HCAH), a provider of out-of-hospital healthcare services in India, has acquired Nightingales Home Health Services, a specialist home healthcare service provider. This acquisition will increase HCAH's geographic footprint in the country and bring Nightingales’ co-founder Vishal Bali on board as a shareholder.

Nightingales Home Health Services specialises in chronic diseases including pulmonology, cardiology, neurology, metabolic diseases, orthopedics, geriatrics and post-operative rehabilitation. It has a team of over 1,000 healthcare professionals and a delivery network across four metro cities of Bengaluru, Hyderabad, Chennai and Mumbai.

HCAH's co-founder and CEO (chief executive officer), Vivek Srivastava, said that the company is committed to providing quality services in out-of-hospital healthcare to patients with a specialised focus on rehabilitation through their transition care centres and home care services. The acquisition of Nightingales demonstrates this commitment, and both companies share a goal of providing access to high-quality out-of-hospital care across the country.

Vishal Bali, co-founder and chairman of Nightingales Home Healthcare, expressed his delight in partnering with HCAH and its competencies to create India's largest out-of-hospital care provider. 

The combined entity of HCAH and Nightingales brings multiple synergies to consolidate, strengthen and lead the out-of-hospital care vertical in the Indian healthcare delivery sector. Bali believes that the scale and size achieved through this integration will lead health insurance companies to create new products that support patients in receiving out-of-hospital care.

The acquisition of Nightingales is a strategic move for HCAH, as it expands the company's service offerings and strengthens its position in the Indian healthcare industry. By combining their expertise and resources, HCAH and Nightingales aim to provide a comprehensive range of services to their customers and lead the out-of-hospital care vertical in India.

  • Related Articles

    The development reportedly marks Wipro's 14th acquisition in the last 20 years, and with this the company aims to become a significant player in three categories: ready-to-cook, spices and snacks

    Wipro Expands Into Packaged Food Market With Acquisition Of Brahmins

    NSE stated that migration will require a net worth of at least Rs 50 crore, positive cash accruals for the last three financial years, and positive profit after tax in the current financial year

    NSE Comes Out With New Migration Policy For SME Platform

    Niti Aayog suggests that building the capacity of local institutions and promoting the creation of local agriculture-related infrastructures will boost the scalability and sustainability of agritech...

    Niti Aayog Pitches For Distinct Agritech Start-Up Policy