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Apollo to set up Rs 150 cr hospital in Kerala
PM News Bureau
Saturday, February 04, 2012, 10:57 Hrs  [IST]

Apollo Hospitals is setting up a 150-bed hospital in Kerala with an investment of around Rs 150 crore. The company is in talks with Le Meridian Hotel, Kochi, for setting up a hospital on their land. The group plans to install MRI-guided high-intensity focused ultrasound (HIFU) solution from Philips Healthcare worth around Rs 5 crore each, in four of its hospitals.

Besides, the group has also applied for regulatory approvals for some land to construct a hospital in North Chennai. The hospital will have around 500 beds and require an investment of Rs 200 crore. The work on the hospital will be completed within 30 months once the approvals are in place.
 
                 
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