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HomeCompaniesHealthcare year-ender highlights - The Hindu BusinessLine

Healthcare year-ender highlights – The Hindu BusinessLine

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Updated – December 27, 2023 at 09:06 PM.

Temasek’s acquisition of a 41 per cent stake in Manipal Health for a substantial US$2 billion, subsequently raising its overall ownership to 59 per cent. This is the largest deal in the sector in India

Major highlights  
  • The Union Budget allocated an amount of ₹88,956 crore for 2023–24, indicating a rise of 2.7 per cent from the previous year.  
  • The Government of India has launched several nation-wide programs, such as Ayushman Bharat and the Ayushman Bharat Digital Mission (ABDM), to provide access to healthcare to all. 
  • Temasek’s acquisition of a 41 per cent stake in Manipal Health for a substantial US$2 billion, subsequently raising its overall ownership to 59 per cent. This is the largest deal in the sector in India.   
  • Other noteworthy exits included Everstone’s exit from Sahyadri Hospitals, TA Associates’s exit from Indira IVF Hospital as well as Carlyle’s and British International Investment’s IPO-led exit from Medanta (Global Health) and Rainbow Hospitals, respectively. 





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