In a remarkable new development that can be termed as a defining moment in Indian healthcare, the Sweden-based Medicover, one of Europe’s largest healthcare providers is making its foray into the Indian healthcare segment. MaxCure Group of Hospitals, one of the fastest growing chains of multi-specialty hospitals with presence in Telangana, Andhra Pradesh and Maharashtra will now operate under the identity of Medicover. Combining European standards of care with Indian healthcare expertise, Medicover is committed to increasing the standards of healthcare in India.   

Sharing his views on this significant development, Mr. Fredrik Stenmo, Chairman, Medicover said, “We are happy to venture into multi-specialty healthcare through investment in MaxCure Group of hospitals. Medicover has a significant presence in geographies like the Poland, Ukraine, Romania, and Germany and has entered into the Indian healthcare sector a few years back by setting up of fertility clinics in the national capital. But this would be Medic over’s full-fledged entry into the Indian healthcare space.”

Medicover has a legacy of excellence and is a pioneer in healthcare, diagnostics and allied services across the globe. In response to a growing demand for high-quality healthcare services in Poland, Medicover was established in 1995 and subsequently expanded to other countries to cater to the healthcare needs. With largest operations in Germany, Poland, Romania and Ukraine, Medicover provides a broad spectrum of healthcare and diagnostic services through an extensive network of ambulatory clinics, hospitals, specialty-care facilities and laboratories through two divisions – Healthcare Services and Diagnostic Services. Currently present in 20 hospitals with 20,970 employees, Medicover is one of Europe’s largest healthcare groups.

The MaxCure group of hospitals currently owns and operates 11 super-specialty hospitals with three in Hyderabad, two in Vizag and one each at Nizamabad, Karimnagar, Nellore and Kurnool and One at Nasik, Maharashtra. Founded by Dr. Anil Krishna, a doctor turned medical entrepreneur, the group has taken rapid strides since its inception in 2011.

Commenting on how the investment will further strengthen the group, Dr. Anil Krishna, Managing Director, Medicover India, said, “We are pleased to be a part of the Medicover, and to have the opportunity to offer expert medical services we have developed to a much larger population. This strategic association will help us gain from the best practices from a technologically progressive market. By being a part of Medicover’s business, we will now be positioned to help solve the challenges that the healthcare system is currently facing and can provide a world-class treatment, improved patient care and efficiency through the advanced medical technology and European treatment protocols.”

Zya-ul Haque

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