Medicover AB’s India business expects all 25 hospitals in its network to become profitable within 18 months, supported by rising occupancy and demand for specialised care. Nineteen hospitals are already profitable. Executive Director Harikrishna P said the group expects core profit margins to increase to 20%-25% from 14% over the next 12-18 months, while lifting occupancy by 67% to 4,000 beds from an overall capacity of 6,000. Earlier this month, KKR & Co Inc agreed to buy the business for €1.2 billion ($1.40 billion), subject to regulatory approvals. The proceeds will fund expansion of existing facilities and increase operational and chargeable beds, meaning beds that generate revenue. Medicover’s name will change after approval. The deal adds to KKR’s investments in Baby Memorial Hospital and Healthcare Global Enterprises Limited, highlighting rising global private-equity interest in India’s healthcare market amid chronic disease and greater insurance penetration.