Meitra Hospital and KKR Join Forces to Revolutionize Indian Healthcare

Kozhikode's renowned Meitra Hospital has embarked on a transformative journey, forging a strategic partnership with global investment giant KKR. This landmark collaboration is set to significantly bolster and expand Meitra's high-quality healthcare services, not just within Kerala but across the broader Indian landscape.

Under this exciting alliance, KKR, through its Asian Fund IV, will make a substantial investment in the company that manages Meitra Hospital.

The goal is clear: to propel Meitra's mission of delivering advanced, patient-centric care by expanding its reach and capabilities. The existing promoter group, led by healthcare visionary Dr. Azad Moopen, will retain a significant stake, continuing to steer the hospital's strategic direction and uphold its commitment to clinical excellence.

Meitra Hospital, established in 2017 in Kozhikode, has rapidly carved out a niche for itself as a leading multi-specialty tertiary care provider.

It is celebrated for its state-of-the-art infrastructure, cutting-edge medical technology, and a team of highly skilled clinicians. The hospital boasts Centers of Excellence in crucial areas such as cardiac sciences, orthopaedics, neurosciences, and gastroenterology, consistently delivering superior clinical outcomes and exceptional patient experiences.

Dr.

Azad Moopen, Chairman of Meitra Hospital, expressed his enthusiasm for the partnership. "We are thrilled to welcome KKR as a strategic partner. This collaboration is a pivotal moment for Meitra Hospital, enabling us to accelerate our expansion plans and continue our legacy of providing world-class healthcare.

KKR's extensive experience in healthcare investments and its global network will be invaluable as we work towards making high-quality medical care more accessible to a wider population across India."

KKR's investment underscores its confidence in India's burgeoning healthcare sector and Meitra Hospital's strong operational foundation and growth potential.

The firm has a robust track record of investing in healthcare globally, recognizing the critical importance of accessible, quality medical services. This partnership aligns perfectly with KKR's strategy of supporting leading companies that are making a significant positive impact in their respective industries.

Gaurav Trehan, Partner and CEO of KKR India, commented on the investment, "Meitra Hospital exemplifies the best in Indian healthcare – a commitment to excellence, patient-first philosophy, and innovative medical practices.

We are deeply impressed by Dr. Moopen's vision and Meitra's impressive growth trajectory. Our investment aims to support Meitra in its next phase of expansion, bringing its high standards of care to more communities and contributing to the advancement of India's healthcare infrastructure."

The partnership envisions a strategic expansion that will see Meitra's footprint grow beyond Kozhikode, potentially including new facilities and an enhanced network of services.

This expansion will focus on strengthening tertiary and quaternary care offerings, addressing the increasing demand for specialized medical services in urban and semi-urban centers across India. The emphasis will remain on leveraging technology, fostering medical research, and upholding the highest standards of patient safety and care quality.

In essence, this collaboration is more than just an investment; it's a strategic alliance poised to reshape the healthcare landscape in India, promising enhanced access to advanced medical treatments and a brighter future for patient care nationwide.