Maitreya Medicare Signs O&M Agreements with Three Hospitals in Varanasi

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Maitreya Medicare Signs O&M Agreements with Three Hospitals in Varanasi

Team Finance Saathi

12/Feb/2025

What's covered under the Article:

Maitreya Medicare has signed an O&M services agreement with three hospitals in Varanasi.
The new partnerships will add 70 beds, including a multi-specialty hospital and IVF centre.
The expansion will enhance services in gynaecology, surgery, paediatrics, and more.

In a significant move to expand its healthcare services, Maitreya Medicare Limited has entered into a strategic Operations and Management (O&M) services agreement with three prominent healthcare institutions in Varanasi: City Hospital, Niramaya Diagnostics, and Popular IVF Centre. This partnership aims to significantly boost the healthcare infrastructure in Varanasi, adding a total of 70 beds to the existing facilities.

This expansion includes the addition of a 50-bed multi-specialty hospital, a 20-bed daycare diagnostic centre, and a state-of-the-art IVF centre. The hospital will offer a broad spectrum of healthcare services across critical specialties, such as Gynaecology, Medicine, Surgery, Paediatrics, and Neonatology.

Maitreya Medicare’s commitment to enhancing healthcare and driving growth is evident through this initiative, which will provide essential medical services to a larger population in the region. The move comes in alignment with the company’s broader strategy to increase its healthcare service capacity and strengthen its position in the Indian healthcare market.

This partnership aligns with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and regulatory compliance. The newly expanded facilities will improve access to quality healthcare, making advanced medical treatments more available to the residents of Varanasi.

As Maitreya Medicare continues to expand its reach and improve healthcare delivery, stakeholders can look forward to further growth and development in the company’s operations.

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Maitreya Medicare Signs O&M Agreements with Three Hospitals in Varanasi

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