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Medicover India expects to turn profitable in 12-18 months after KKR buyout
Nineteen of Medicovers 25 hospitals are already profitable, while the remaining facilities are in various stages of ramp-up, P Hari Krishna, executive director, Medicover Hospitals India, told ET. He said newer hospitals typically take 12-18 months to fully break even.
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economictimes.indiatimes.com
Medicover India hospitals to be profitable in 18 months, eyes 20-25% margins
Medicover India anticipates all its hospitals becoming profitable within eighteen months. Rising occupancy and demand for specialized care are driving this positive financial…
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thehindubusinessline.com
Medicover India's 25 hospitals to be profitable in 18 months, executive says
Medicover India's hospitals are expected to achieve profitability within 18 months, driven by increased demand and occupancy.
