New Delhi: Fortis Hospitals has signed a definitive agreement with Seth Sunder Lal Jain Charitable Eye Hospital, to provide healthcare services to a 400 plus bedded super specialty hospital at Ashok Vihar in Delhi.
In an announcement the healthcare major said, “The hospital owned, operated and managed by SLJ Society is expected to commence operations in 3-4 years, subject to necessary approvals. The agreements have been executed by FHL’s wholly-owned subsidiary, Fortis Hospotel Limited (FHTL).”
“Under the healthcare services agreement (HSA), FHTL has long term exclusive rights to provide specified inpatient healthcare services and specialized equipment in consideration of an agreed service fee to be paid by SLJ Society. FHTL shall also bring-in necessary clinical manpower for provision of such healthcare services,” Fortis added.
The HSA has a committed term of 29 years, with an option to extend for further period on mutually agreed terms.
As per the agreement, the land, building and the associated civil and certain medical infrastructure will be owned and developed by the SLJ Society itself. For the purposes of construction, upgradation and operation of the Hospital, FHTL will also provide a loan to the Society in a phased manner over the next 3-4 years basis construction progress.
The hospital is located on a 3.1 acre land in Ashok Vihar and will open in a phased manner, providing tertiary, and quaternary healthcare services across key specialties, such as Oncology, Neurosciences, Cardiac Sciences, Gastroenterology, Orthopaedics, Renal Sciences, multi-specialty robotic surgeries and Transplants.
This brings Fortis’ serviceable bed count to more than 3,500 beds across the Delhi-NCR region.
