Growth
Strategy
ASSET MANAGEMENT
AND ENHANCEMENT
Within RHT’s existing portfolio, there is the
potential for organic expansion. The total
number of beds that are currently being
operated at RHT’s Clinical Establishments and
Operating Hospitals is 2,645 beds. There is the
potential to increase this number of operating
beds to 3,593 through expansion works, such
as the addition of more floors or new blocks
within the existing structure or compound.
Management also discusses with the operator
on the new types of medical programs which
they are looking to offer, and if agreed will
revamp the facilities in order to meet these
needs. The aim of both the operator and
management is to fit out the facilities to be
able to provide increasingly higher value and
more sophisticated medical treatments.
Capacity Enhancement
Initiatives Underway
Addition of a 200 bed Oncology block at
BG Road Clinical Establishment
Addition of a Maternal and Child Health
(“MCH”) program at Noida Clinical
Establishment which will add 40 beds by
end FY2017
Addition of 50 beds at Mulund Clinical
Establishment
Addition of 40 beds at Jaipur Clinical
Establishment
the Clinical Establishment that it owns.
Where Fortis intends to dispose of any of
its Clinical Establishments, it must first
be offered to RHT. Currently the clinical
establishments owned by Fortis which are
potential ROFR assets, are relatively young
hospitals. RHT, will, if the assets are offered,
evaluate these assets. This is unlikely to
occur before they are operationally stable.
Fortis is focusing its efforts on the Indian
healthcare market and disposed of all
its international healthcare operations.
With Fortis concentrating on the Indian
healthcare market, they may develop
more clinical establishments. Such clinical
establishments will also be potential
ROFR assets.
Potential Third Party Acquisitions
Management recognises that third party
acquisitions represent a key source of
new assets. We are constantly evaluating
potential yield accretive acquisitions to
enhance RHT’s portfolio. We focus our
efforts on clinical establishments which
are strategically located and suitable for
the provision of multi-specialty medical
services. In the short term, we are intending
to remain in India where we have the
ground knowledge and network for
sourcing potential acquisitions.
Addition of 102 beds at Amritsar
Clinical Establishment by end FY2017
Addition of 60 beds, two operating
theatres and a catherisation laboratory
at Nagarbhavi Operating Hospital
Mohali land with a potential bed
capacity of 500 beds
Development Project Pipeline
RHT has four Greenfield Clinical
Establishments in its portfolio – Ludhiana,
Chennai, Hyderabad, Greater Noida.
Together, these four Greenfield Clinical
Establishments have a potential capacity of
874 beds.
Currently, the Ludhiana Greenfield Clinical
Establishment is under development and
is expected to be ready by FY2017. The
Ludhiana Greenfield Clinical Establishment
will specialise in the provision of Mother
and Child related medical programs once
it is completed. In FY2015, the Trustee-
Manager acquired a piece of freehold land
adjacent to the existing Mohali Clinical
Establishment that has a potential bed
capacity of 500 beds once developed.
INVESTMENTS
Right of First Refusal Assets
Fortis, the sponsor of RHT, has granted RHT
the Right of First Refusal (“ROFR”) over
Owns RHT Units
What we do
WHAT AFFECTS US
RHT
Service Fees &Other Income
DPU
CAPITAL
MANAGEMENT
ASSET
MANAGEMENT
investment
MANAGEMENT
– Fortis Healthcare
Limited ("Fortis")
– Institutional &
public investors
UNITHOLDERS
REVENUE
Market
factors
– Indian economy
– Indian healthcare industry
Annual report FY2016
013
