Manipal Hospitals: After Columbia Asia, Manipal Hospitals wants more. But it needs a booster dose of profitability.

Finally, it’s done! Manipal Health Enterprises Pvt Ltd (Manipal Hospitals) can now bask in the pride of having a pan-India network. After some failed attempts at acquiring large hospital assets over the past few years, Manipal Hospitals completed the acquisition of Columbia Asia Hospital last month, making it the second-largest multi-speciality hospital chain in the country in terms of bed capacity. Manipal Hospitals’ promoter Ranjan Pai had