Abstract:
Mergers and acquisitions is one of the most effective ways to expedite the
implementation of a plan to grow rapidly today. This study examines
performance, growth and profitability impact of the healthcare sector after
mergers and acquisitions as Indian healthcare sector is emerging as one of the
fast-growing service sectors in India. Among the healthcare sector in India,
five hospitals have been considered and the data were collected from Centre
for Monitoring Indian Economy (CMIE). The study reveals that the leverage,
liquidity, activity and profitability have improved after acquisition but there is
no greater change in total expenditure. So, the hospitals could concentrate on
reducing the total expenditure.