AN Indian company has bought into one of the Pacific’s largest private hospitals.
It is understood that 30 per cent of Suva Private Hospital has been sold for an undisclosed sum by Bank South Pacific to the Madras Institute of Orthopaedics and Traumatology.
Under the new name, MIOT Pacific Hospital, the facility will provide specialist services in joint replacement surgeries, Interventional Cardiology, orthopaedics and trauma.
These are services for which most Pacific islanders travel to India or Australia and New Zealand for specialist care.
MIOT is based in Chennai, India.
I note that there has been much debate since the release of the 2019-2020 Household