Healthcare at Home India (HCAH) recently announced its acquisition of Nightingales Home Health Services, a Bengaluru-based home healthcare services provider. This acquisition is set to boost HCAH’s expansion plans and provide a significant boost to the Indian home healthcare industry.
Nightingales Home Health Services was founded in 2014 by a team of healthcare professionals, led by Vishal Bali, a veteran healthcare leader with over two decades of experience. The company provides a range of home healthcare services such as doctor visits, nursing, physiotherapy, and lab tests. The acquisition by HCAH is a significant step towards expanding the company’s presence in South India and strengthening its leadership position in the home healthcare industry.
HCAH is a leading home healthcare services provider in India, with a presence in over 20 cities across the country. The company was founded in 2012 by Vivek Srivastava and is backed by the Burman family, the promoters of Dabur India Ltd. HCAH provides a range of home healthcare services such as rehabilitation care in its Tranisition Care Centers, nursing, physiotherapy, critical care, and palliative care.
The acquisition of Nightingales Home Health Services will help HCAH expand its service offerings and reach a wider audience. With this acquisition, HCAH will gain access to Nightingales’ existing network of healthcare professionals and patients, which will help the company expand its operations in the southern region of India.
The Indian home healthcare industry has witnessed significant growth in recent years, driven by an aging population, rising healthcare costs, and increasing demand for personalized care. According to a report by Technavio, the home healthcare market in India is expected to grow at a CAGR of over 18% from 2020 to 2024.
With the acquisition of Nightingales Home Health Services, HCAH is well-positioned to tap into this growth and provide high-quality, affordable healthcare services to patients in the comfort of their homes. The acquisition will also help HCAH strengthen its position as a leader in the Indian home healthcare industry and provide a boost to the company’s growth plans.
In conclusion, the acquisition of Nightingales Home Health Services by HCAH is a significant development in the Indian home healthcare industry. The acquisition will help HCAH expand its service offerings, reach a wider audience, and tap into the growing demand for personalized home healthcare services in India. With the combined strengths of HCAH and Nightingales, the company is poised for growth and is well-positioned to provide high-quality, affordable healthcare services to patients across the country.
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