Covid-19 to accelerate consolidation in hospital sector: Manipal’s Ranjan Pai

Earlier this month, Manipal Hospitals, which is backed by Temasek and TPG, bought Multiples PE owned Vikram Hospital. This was its second acquisition in under seven months after purchasing Columbia Asia Hospitals Pvt Ltd.   With these acquisitions, Manipal, which had also attempted to acquire Fortis Healthcare but was pipped by ......