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Ujala Cygnus Healthcare to invest Rs 200 Cr to expand services in Tier 2 and 3 Cities

The group’s recent acquisition includes a 200 bedded hospital in Haldwani, Uttarakhand

India CSR by India CSR
June 2, 2021
in News
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Amidst the second wave of coronavirus and the crisis faced in tier 2-3 cities due to lack of proper healthcare infrastructure, Ujala Cygnus Healthcare Services has been working with an objective towards creating robust health infrastructure in these cities.

The idea is to provide affordable and quality healthcare services to the underprivileged communities, who currently do not have access to quality facilities. With this intention, the group had pledged an investment of INR 200 Crore in a phased manner, out of which INR 130 Crore was invested initially and in the last two years it has invested around INR 300 million with a further plan to invest another INR 400 million by 2021-23.

The organization runs on asset lite model and invests in upgrading the hospital with multispecialty, high-end equipment’s, technical capabilities, enhanced service delivery and efficient doctors and resources.

The group aims to build world-class healthcare service facilities which can provide required assistance to the residents in tier 2-3 cities at an affordable cost, saving them from the discomfort of travelling to metros for getting better treatment. To further strengthen its commitment, the group recently acquired and added a 200 bedded hospital in Haldwani, Uttarakhand to its network of hospitals.

Probal Ghosal, Chairman, Ujala Cygnus Healthcare Services said, “We have established a separate digital set up, so that these facilities can reach out to the masses. The expansion is in line with our vision to provide high-quality healthcare delivery systems at affordable pricing to Tier 2 and 3 cities.”

The group has been expanding rapidly in the northern part of the country with this being the third hospital in the past year. Currently, it has 15 hospitals under its umbrella across Haryana, Uttar Pradesh, Uttarakhand and New Delhi and aims to build a portfolio of 20 hospitals by 2023.

Furthermore, with technology intervention, the company has also been working on initiatives towards building adaptive solutions for improving access to healthcare and lowering the barriers between hospitals and patients, making the services reach the last mile.

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