Fortis Healthcare

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Fortis Healthcare Limited
Public BSE532843, NSEFORTIS
Industry Healthcare
Founded 2001[1]
Founder Malvinder Mohan Singh and Shivinder Mohan Singh
Headquarters Gurgaon, India
Area served
India, Singapore
Revenue 10,000 crore (US$1.5 billion) (2015)[2]
Owner Malvinder Mohan Singh
Shivinder Mohan Singh
Number of employees
20,000 (2016)[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[edit]

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]

Hospitals under the Fortis Healthcare Limited group are:

  1. Fortis Memorial Research Institute, Gurgaon
  2. Flt. Lt. Rajan Dhall Hospital, Vasant Kunj [8]
  3. Fortis Hospital, Mohali, Punjab[9]
  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[10]
  9. Fortis Hospital, Bannerghatta, Bangalore[11]

References[edit]

  1. ^ Travel and health in India. "Fortis: medical health tourism service provider". Indiaheals.com. Archived from the original on 2007-01-11. Retrieved 2010-07-25. 
  2. ^ "2010 BSE Data" (PDF). www.bseindia.com. Retrieved 2010-07-26. 
  3. ^ https://www.linkedin.com/company/fortis-healthcare?trk=extra_biz_viewers_viewed
  4. ^ Network of hospitals; Fortis Healthcare
  5. ^ "An Uncommon Deal Battle Ends". The Wall Street Journal. 27 July 2010. 
  6. ^ "Fortis Healthcare Q4 net up 41% at Rs41.54 cr". Times of India. 29 May 2012. 
  7. ^ "Fortis Healthcare to introduce two new medical facilities in Bangalore". The Economic Times. 25 March 2014. 
  8. ^ "Fortis Hospital Vasant Kunj". Retrieved 2017-04-13. 
  9. ^ "MedikReview: FORTIS Hospital". Retrieved 2015-12-23. 
  10. ^ "Fortis Hospital Mulund". Retrieved 2017-04-13. 
  11. ^ "Fortis Hospital Bannerghatta". Retrieved 2017-04-13. 

External links[edit]