Narayana Health

Narayana Health (Narayana Hrudayalaya Limited)
Public
Traded as BSE: 539551
NSE: NH
ISIN INE410P01011
Industry Healthcare
Founded 2000
Founder Dr. Devi Shetty
Headquarters Bangalore, India
Number of locations
 25 Hospitals, 7 heart centres, several primary care facilities
Area served
 India & Cayman islands
Key people
 Dr. Devi Shetty, Chairman and founder
Dr. Ashutosh Raghuvanshi, Vice Chairman, MD & Group CEO
  • IncreaseINR 1,458.40 Cr. (March 2016)
Total assets
  • IncreaseINR 1,092.87 Cr. (March 2016)
Number of employees
 14,000+
Website www.narayanahealth.org

Narayana Health (formerly known as Narayana Hrudyalaya) is a chain of multi-specialty hospitals in India, with its headquarteres in Bengaluru.[1] The hospital chain operates one of the largest telemedicine networks in the world.[2]

Narayana Health operates a chain of hospitals, heart centres, and primary care facilities across India. Narayana Health (Narayana Hrudayalaya Ltd.) was founded by Dr. Devi Shetty and has its flagship hospital in Bangalore at NH Health City. Apart from Bangalore, the group has its presence in Kolkata, Ahmedabad, Jaipur, Raipur, Jamshedpur, Guwahati, Mumbai, Mysore, Dharwad, Kolar, Shimoga and Davangere in addition to an international subsidiary in the Cayman Islands,[3] Three of its hospitals, Narayana Institute of Cardiac Sciences, Bangalore, Narayana Multispeciality Hospital, Jaipur and Health City Cayman Islands, are JCI accredited.[4]

Narayana Health offers speciality and tertiary care facilities covering a wide range of specialisation viz. cardiac surgery, cardiology,[5][6][7] gastroenterology, vascular, endovascular services, nephrology, urology, neurology, neurosurgery,[8][9] paediatrics, obstetrics & gynaecology, psychiatry, diabetes, endocrinology, cosmetic surgery and rehabilitation, solid organ transplants for kidney, liver, heart and bone marrow transplant as well as general medicine. The group also offers oncology [10] services for most types of cancer including head, neck, breast, cervical, lungs, ortho, uro-genital and gastro intestinal.

History

Outer view Narayana Institute of Cardiac Science, Bangalore. The group's flagship hospital.
Narayana Institute of Cardiac Science, Bangalore. The group's flagship hospital.

Dr. Devi Shetty founded the Company in the year 2000 (19 July 2000) with a hospital in Bangalore. He later initiated the concept of micro health insurance scheme along with the Karnataka government. Over the same period NH established its second hospital in Kolkata.[11]

From 2009-2012 Narayana Health established hospitals in Jamshedpur, Jaipur, Dhawad, Raipur, Ahmedabad, Mysore, and Davangere. In 2013, Narayana Hrudyalaya Pvt. Ltd. officially changed its identity to Narayana Health.[12][13] It now operates several hospitals and heart centres across India. Since 2014, the group operates Health City Cayman Islands in the Cayman Islands in partnership with Ascension Health.

Pan-India network

An Ambulance used by Narayana Health Hospitals
An Ambulance used by Narayana Health Hospitals

The group's Karnataka cluster is centred on NH Health City, located in Bommasandra, Bengaluru, which comprises Narayana Institute of Cardiac Sciences[14] a super speciality hospital for cardiology and cardiac surgery, and Mazumdar Shaw Medical Centre a multi-speciality hospital for cancer care, neurology and neurosurgery,[15] nephrology and urology, and houses bone marrow transplant units.[16] Narayana Health's Karnataka cluster comprises 4 hospitals in Bengaluru and a hospital each in Mysore, Bellary and Shimoga, and 7 heart centres.

The organisation's presence in eastern India is centred on Rabindranath Tagore International Institute of Cardiac Sciences, a multispecialty hospital located in Kolkata. Overall, 10 hospitals, including hospitals in the greater Kolkata area encompassing Howrah, Barasat and the Eastern Metropolitan Bypass, a multispecialty hospital in Jamshedpur, Jharkhand, a super specialty hospital in Guwahati, Assam and a hospital Berhampore, West Bengal and a heart centre in Durgapur, West Bengal are parts of the group's eastern India cluster.

The group's western and central India services comprises 5 hospitals, one each in Jaipur, Raipur, Palanpur, Ahmedabad, and Mahuva.

Listing

Narayana Hrudyalaya was listed on the BSE and the NSE on 6 January 2016. Upon debut, the company was valued at over 1 Billion USD.[17]

Awards

2016

2015

2014

2013

2012

2011

2010

Group hospitals and heart centres

Notes

  1. ↑ "Pulse On The Future". Online webpage of Businessworld. Retrieved 2012-03-15.
  2. ↑ Nayantara Som. "A Whole New World". Online Webpage of the Express Healthcare Management. Indian Express Newspapers (Mumbai) Limited. Retrieved 2007-06-13.
  3. ↑ "Health City aspires to be "the best hospital on the planet"". caymanreporter.com.
  4. ↑ "Health City Cayman Islands Awarded JCI Accreditation". prnewswire.com.
  5. ↑ http://www.daijiworld.com/chan/interviews_view.asp?i_id=34
  6. ↑ http://hbswk.hbs.edu/item/4585.html
  7. ↑ http://www.thehindu.com/todays-paper/tp-features/tp-sundaymagazine/article3232025.ece
  8. ↑ http://www.narayanahealth.org/specialities/neurology
  9. ↑ http://www.narayanahealth.org/specialities/neurosurgery
  10. ↑ http://www.narayanahealth.org/patients/specialities/oncology
  11. ↑ http://economictimes.indiatimes.com/slideshows/corporate-industry/devi-shettys-narayana-healthcare-men-behind-success-of-his-low-cost-hospitals/slideshow/20240988.cms
  12. ↑ http://www.narayanahealth.org/corporate-information
  13. ↑ http://www.narayanahealth.org/evolution
  14. ↑ "26 Heart Transplants and going strong". indiainfoline.com.
  15. ↑ "Narayana Health Collaborates with Cisco To Offer Specialized Remote Diagnostics Capabilities". udaipurkiran.com.
  16. ↑ "Narayana Health, Bengaluru". Online Webpage of Narayana Health Reviews. Archived from the original on 2007-06-03. Retrieved 2007-06-13.
  17. ↑ http://forbesindia.com/article/special/narayana-hrudayalayas-market-cap-crosses-$1-billion-on-market-debut/41853/1
  18. ↑ "AHPI Awards to Narayana Multispeciality Hospital". pressnote.in.
  19. ↑ "IRCTC, Just Dial, UTI MF in Fortune India Next 500 list". economictimes.indiatimes.com.
  20. ↑ "Narayana Hrudayalaya Q1 cons total operating income up 19%". indiainfoline.com.
  21. ↑ "ICICI Lombard and CNBC TV18 announce India Risk Management Awards Winners". indiainfoline.com.
  22. ↑ "WHO India honours public health champions". searo.who.int.
  23. ↑ http://governancetoday.co.in/gurgaon-healthcare-service-providers-win-top-honours-at-health-and-wellness-summit/
  24. ↑ "BCCL named as one of India's ‘local dynamos'; figures alongside Flipkart and IndiGo in BCG report". articles.economictimes.indiatimes.com.
  25. ↑ "Devi Shetty's affordable health care services now in Cayman Islands". forbesindia.com.
  26. ↑ http://aboutus.ft.com/2013/03/20/ft-and-arcelormittal-recognise-business-innovators-of-2013/#axzz3PXoDkMKv
  27. ↑ http://www.porterprize.in/key-takeaways-2014/
  28. ↑ http://www.fastcompany.com/3017477/most-innovative-companies-2012/36narayana-hrudayalaya-hospitals
  29. ↑ http://pharmabiz.com/NewsDetails.aspx?aid=71324&sid=2
  30. ↑ http://pharmabiz.com/NewsDetails.aspx?aid=70906&sid=2
  31. ↑ http://www.business-standard.com/article/press-releases/icici-lombard-cnbc-tv18-announce-winners-of-healthcare-awards-110122200117_1.html
  32. ↑ "Narayana Health buys Westbank Hospital". timesofindia.indiatimes.com.
  33. ↑ "Narayana Health: Providing World-class Treatment to the Poor". forbesindia.com.
  34. ↑ "Patient From Bangladesh Fit for Renal Transplant After Undergoing Bariatric Surgery at Rabindranath Tagore International Institute of Cardiac Sciences". prnewswire.co.in.
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