Columbia Pacific Management, a US-based international healthcare provider aims to set up its first senior living community in this tech hub.
Columbia founder Dan Baty said in a statement, “With expertise in planning and executing senior living projects across Asia, Canada and the US, we bring the legacy to India. We are positive our first community in the landscape will shape our presence, globally.”
The Seattle-headquartered healthcare provider serves 1,600 residential homes in nine communities across five cities in south India after it acquired Serene Retirement Homes in March 2017. The 40-year-old Columbia develops and operates hospitals, clinics and senior housing across Asia with locations in China, Indonesia, Kenya, Malaysia and Vietnam.
The five cities where the retirement homes were built are Bengaluru in Karnataka, Chennai, Coimbatore and Kanchipuram in neighboring Tamil Nadu and Puducherry.
“Our signature property will have products, services and medical care to cater to the growing middle class, guided by our expertise and international standards. All these countries have growing ageing populations, rising middle and upper-middle-class populations, an under-supply of quality healthcare and senior care facilities,” said Columbia Chief Executive Mohit Nirula. He added, “They also have increasing rates of non-communicable diseases like diabetes, cancer and cardiac diseases – creating an unprecedented demand for healthcare services and senior housing,”