Boulcott Private Hospital: Pulse Health Ltd finalises acquisition of hospital in Wellington

Pulse Health Ltd (ASX: PHG) has completed the acquisition of the Boulcott Hospital in Wellington New Zealand, after The New Zealand Overseas Investment Office gave its approval.This takes to 13 hospitals the number in its portfolio.The Boulcott is a specialist surgical hospital with 29 beds, three operating theatres and an endoscopy unit.Recently, it elected not to proceed with the purchase of the Waikiki Private Hospital and Westminster Day Surgery.Pulse Health commissioned the Gold Coast Surgical Hospital on 1 September 2015 with five out of a total six theatres and all 24 beds opened, instead of a gradual commissioning of theatres and ward beds.This should attract surgeons keen to refer a wider range of surgical specialities and patients to the hospital. Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.