With this acquisition, Healthcare at Home (HCAH), which is headquartered in Noida, has a bigger presence in Southern India than in Northern India
HCAH has acquired Nightingales Home Health Services, a specialty home healthcare service provider.
The acquisition will further increase HCAH’s geographic footprint in the country. With this acquisition, Nightingales’ Co-founder Vishal Bali (Ex- Group CEO, Fortis Healthcare and Senior Advisor-TPG Growth) will join HCAH as a shareholder.
Nightingales Home Health Services brings a strong focus on specialty home health care services in chronic diseases including pulmonology, cardiology, neurology, metabolic diseases, orthopedics, geriatrics, and post-operative rehabilitation. It comes with a team of over 1,000 healthcare professionals, and delivery network across 4 metro cities of Bengaluru, Hyderabad, Chennai and Mumbai.
While speaking about the acquisition Vivek Srivastava, Co-founder and CEO, HCAH said, “We are committed to providing world-class services in out-of-hospital healthcare to our patients with a specialised focus on rehabilitation – both restorative and geriatric – through our transition care centres and home care services. Our recent acquisition of Nightingales is a testament to this commitment. Both HCAH and Nightingales are aligned in their goals to provide access to high-quality out-of-hospital care across the country. Nightingales has a 20-year history of building a highly-skilled, specialised home healthcare delivery network, which we believe will play a significant role in helping us provide a comprehensive range of services to our customers.”
Vishal Bali, Co-founder and Chairman, Nightingales Home Healthcare, conveying his view on this acquisition said, “We are delighted to partner with Vivek and his team at HCAH and the competencies they bring to create India’s largest out-of-hospital care provider. The combined entity of HCAH & Nightingales brings multiple synergies to consolidate, strengthen and lead the out-of-hospital care vertical in the Indian healthcare delivery sector. We expect that the scale and size achieved through this integration will lead health insurance co’s to create new products which will support patients to receive out-of-hospital care.”