Table of Contents
Medway Hospitals is a chain of multi-speciality hospitals currently operating 8 hospitals in Tamil Nadu and Seemandhra.
Chennai-based multi-specialty hospital chain Medway Hospitals has
successfully secured its first round of institutional equity funding amounting to $5 million, according to a statement from the hospital.
This round was led by Kyra Ventures, and it also saw participation from family offices.
Medway Hospitals is a chain of multi-speciality hospitals currently operating eight hospitals in Tamil Nadu and Seemandhra. Its tertiary care services include critical care, orthopaedics, neurology, nephrology, neurosurgery, organ transplantation, pulmonology, urology besides others and has a dedicated unit specialising in treating cardiovascular diseases (CVD).
The chain currently has around 500 beds across all locations, with each unit having around 50-100 beds.
In 2021, Medway set up a state-of-the-art Heart Institute in Chennai and is the only standalone heart institute to receive both JCI and NABH accreditation in South India. Medway Heart Institute has successfully performed over 1,000 heart surgeries and 3,000 Cath Lab Procedures within a short span of two years.
Medway commenced its organ transplant programme in 2021 and has successfully performed over 150 renal transplants to date.
Medway Hospitals began operations in 2012 under the helm of Dr T Palaniappan, a specialist in internal medicine and intensive care.
Recently Bain Capital said that India emerged as a major player in the Asia-Pacific region contributing to almost 30 percent of the region’s share of global healthcare deal activity in 2023.
Story continues below Advertisement
Also read: India a main force in Asian Healthcare deal activity: Bain Capital