Fortis Healthcare

Fortis Health Care Limited
Public BSE: 532843, NSE: FORTIS
Industry Health Care
Founded 2001[1]
Founder Malvinder Mohan Singh and Shivinder Mohan Singh
Headquarters Gurgaon, India
Area served

India, Singapore,Malaysia,UAE,

Vietnam,Australia,Hongkong
Revenue 50,000 crore (US$7.8 billion) (2017)[2]
Owner Malvinder Mohan Singh
Shivinder Mohan Singh
Number of employees
50,000 (2017)[3]
Website www.fortishealthcare.com

Fortis Healthcare Limited is a chain of super speciality hospitals in India. It has its hospitals in Delhi, Amritsar, Kolkata, Navi Mumbai, Mohali, Ludhiana, Jaipur, Chennai, Kota, Bengaluru, Gurgaon, Noida, Faridabad, Mumbai, and Odisha.[4]

Fortis Healthcare is internationally recognised by JCI (Joint Commission International, U.S.A) and NABH (National Accreditation Board for Hospitals & Healthcare Providers, India) for its quality of healthcare.

On 12 March 2010, Fortis Healthcare bought a 23.9% stake in Singapore's Parkway Holdings Ltd. Fortis sold its stake to Malaysia's Khazanah Nasional on 27 July 2010.[5] On 29 May 2012, Fortis Healthcare reported an increase of 41.34% in the consolidated net profit for the fourth quarter.[6]

Bain and TPG are currently only for a minority 26% stake in the company.

Expansion & Network

Fortis Healthcare will introduce two new medical facilities in the city of Bangalore with a total capacity of 280 beds. It plans to double its size to 10,000-bed capacity in the coming five years.[7] Fortis operates its healthcare delivery services with approximately 10,000 potential beds and 314 diagnostic centres.[8]

Hospitals under the Fortis Healthcare Limited group are:

  1. Fortis Memorial Research Institute, Gurgaon
  2. Flt. Lt. Rajan Dhall Hospital, Vasant Kunj [9]
  3. Fortis Hospital, Mohali, Punjab[10]
  4. Fortis Hospital, Shalimar Bagh, New Delhi
  5. Fortis Escorts Hospital, Amritsar, Punjab
  6. Fortis Hospital, Noida, Uttar Pradesh
  7. Fortis Hospital, Anandapur, Kolkata
  8. Fortis Hospital, Mulund, Mumbai[11]
  9. Fortis Hospital, Bannerghatta, Bangalore[12]
  10. Fortis Hospital, Vashi, Navi Mumbai

References


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