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Narayana Hrudayalaya to Manage Kolkata Hospital in New Deal
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CNBC TV18•05-10-2026, 17:51
Narayana Hrudayalaya to Manage Kolkata Hospital in New Deal
- •Narayana Hrudayalaya signed an Operation and Management Agreement to run the 100-bed Mission of Mercy Hospital and Research Centre in Kolkata.
- •The agreement grants Narayana Hrudayalaya exclusive rights to manage and operate the facility on a long-term basis.
- •The deal aims to leverage the healthcare provider's expertise to boost the hospital's operations and service capacity.
- •Commercial operations under Narayana Hrudayalaya are expected to begin within 12 months after satisfying customary conditions.
Key Questions Answered
Narayana Hrudayalaya entered into an Operation and Management Agreement with Mission of Mercy Hospital and Research Centre and The Assemblies of God of North India to exclusively run, manage, operate, direct, and control the 100-bed hospital in Park Street, Kolkata on a long-term basis.
No, the agreement strictly relates to the operation and management of the facility and does not confer any ownership, lease rights, or other interest in the underlying land to Narayana Hrudayalaya.
Commercial operations of the hospital by the company are subject to the satisfaction of certain conditions precedent by the respective parties, a process that may take up to 12 months from the date of the agreement's execution.
