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{{Use dmy dates|date=November 2018}}
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{{Use Indian English|date=November 2018}}
{{Article for deletion/dated|page=SevenHills Hospital|timestamp=20171114194928|year=2017|month=November|day=14|substed=yes|help=off}}
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{{advert|date=June 2017}}
{{Infobox hospital
{{Infobox hospital
| name = SevenHills
| name = SevenHills Hospitals
| org/group =
| org/group = SevenHills Healthcare, Ltd.
| logo =
| logo =
| logo_size =
| logo_size =
| image =
| image =
| image_size = 225
| image_size = 225
| alt =
| alt =
| caption =
| caption =
| coordinates = <!-- {{coord|LAT|LON|type:landmark|display=inline, title}} -->
| coordinates = <!-- {{coord|LAT|LON|type:landmark|display=inline, title}} -->
| location = [[Mumbai]] and [[Visakhapatnam]]
| location = [[Mumbai]], Maharashtra and [[Visakhapatnam]], Andhra Pradesh
| region =
| region =
| state =
| state =
| country = India
| country = India
| healthcare = [[Rajiv Gandhi Jeevandayee Arogya Yojana]]
| healthcare = [[Rajiv Gandhi Jeevandayee Arogya Yojana]]
| funding =
| funding =
| type = General
| type = General
| affiliation =
| affiliation =
| patron = Jitendra Das Maganti
| patron = Jitendra Das Maganti, founder and managing director
| network =
| network =
| standards =
| standards =
| emergency = Yes
| emergency = Yes
| beds = 1500
| beds = 1,500 (Mumbai)
| speciality =
| speciality =
| helipad =
| helipad =
| h1-number =
| h1-number =
| h1-length-f =
| h1-length-f =
| h1-length-m =
| h1-length-m =
| h1-surface = <!-- up to h12 -->
| h1-surface = <!-- up to h12 -->
| founded = 1986
| founded = 1986 (Vishakapatnam), 2010 (Mumbai)
| closed =
| closed =
| demolished =
| demolished =
| website = <!-- {{URL|http://www.sevenhillshospital.com}} -->
| website = {{URL|http://www.sevenhillshospital.com}}
| other_links =
| other_links =
| module =
| module =
}}
}}


'''SevenHills Hospital''' is a group of three private hospitals, operating under central management, in [[Mumbai]], [[Maharashtra]], and [[Visakhapatnam]], Andhra Pradesh, India. The Visakhapatnam branch opened in 1986, and the Mumbai branch opened in 2010. The Mumbai hospital was the result of a [[Rupee|Rs]] 10 billion [[public-private partnership]] between SevenHills and [[Brihanmumbai Municipal Corporation]] (BMC). At {{cvt|17|acres}} and {{cvt|2,000,000|sqft}} of built-up space, the Mumbai hospital was designed to be the country's largest hospital in a single location. A dedicated COVID-19 hospital was added in 2020.{{Citation needed|date=December 2024}}
'''SevenHills Hospital''' is a for-profit medical facility on two campuses in [[Mumbai]] and [[Visakhapatnam]] in India. Both branches have been accredited by national and international agencies, including [[National Accreditation Board for Testing and Calibration Laboratories|NABL]], [[National_Accreditation_Board_for_Hospitals_%26_Healthcare_Providers|NABH]], and [[American Hospital Association|AHA]].<ref>{{cite web| url=http://www.sevenhillshospital.com/hospital-accredition.html | title=SevenHills Hospital Accreditation}}</ref>{{CN}} The Mumbai branch also has accreditation by [[Joint Commission International|JCI]] (Joint Commission International, US).{{CN}}


⚫
==History and facilities==
The hospital offers services in thirty specialties.
In 2002, talks began between SevenHills and [[Brihanmumbai Municipal Corporation]] (BMC) to open a multi-specialty branch of the hospital in [[Mumbai]]. According to the resulting [[public-private partnership]] agreement, signed in 2005,<ref name=express2010 /> BMC gave SevenHills a 60-year lease on a {{convert|17|acre|adj=mid}} plot in the Mumbai suburb of [[Andheri]], near the [[Chhatrapati Shivaji International Airport|Mumbai International Airport]]. In exchange, SevenHills agreed to reserve 20% (300) of its 1,500 beds for low-income patients who come through the BMC healthcare system, charging them at the same rate as offered by public hospitals.<ref name=raghunath2010 />


The funding for the project came from private capital and bank loans, and the majority stakeholder is Jitendra Das Maganti, M.D., the founder and managing director of the hospitals.<ref>{{cite web|title=India Inc finds wealth in health|date=27 July 2009 |url=http://business.rediff.com/report/2009/jul/27/india-inc-finds-wealth-in-health.htm|last=Jayakumar |first=P. B.|website=Rediff|access-date=27 November 2017}}</ref> The Mumbai hospital was inaugurated in July 2010 by the president of India, [[Pratibha Patil]],<ref>{{cite web| url=http://pratibhapatil.nic.in/sp040710.html |title=Speech by Her Excellency the President of India, Shrimati Pratibha Devisingh Patil at the Inauguration of the Seven Hills Hospital |website= pratibhapatil.nic.in |access-date=27 November 2017}}</ref> which caused controversy as the hospital space for low-income patients was not ready.<ref name="RaviC.2013">{{cite book|author1=Duggal, Ravi|author2=Kurian, Oommen C.|author3=Wagle, Suchitra|author4=Deosthali, Padma|title=Appropriate Role for the Private Sector in Health Care of India: Political Economy of Private Healthcare|url=https://books.google.com/books?id=nffwCQAAQBAJ&pg=PA46|date=1 January 2013|publisher=Independent Commission on Development & Health in India and VHAI|pages=46–|id=GGKEY:NFZTFQJLXLZ}}</ref>
⚫
==History==


The Mumbai complex has a {{cvt|2,000,000|sqft}} bghuilt-up area with plans for 1500 beds (300 for [[critical care medicine|critical care]]), intensive care units for cardiology, burns, neonates, and paediatrics, and 36 operating rooms.<ref name=raghunath2010>{{cite web|last1=Raghunath|first1=Pamela|title=One of Asia's largest hospitals to open in Mumbai|url=http://gulfnews.com/news/asia/india/one-of-asia-s-largest-hospitals-to-open-in-mumbai-1.649239|website=GulfNews|access-date=27 November 2017|date=2 July 2010}}</ref> The hospitals have services in over 30 specialties including Neurology and Neurosurgery, Cardiology, Oncology, Orthopedic Surgery, General Surgery and [[Laparoscopic Surgery]], Emergency Services, Pediatrics, [[Otorhinolaryngology]], [[Nephrology]] and [[Kidney Transplant]], and [[Liver Transplantation]].{{citation needed|date=October 2022}}
SevenHills Visakhapatnam was founded in 1986. The Mumbai branch of the hospital was inaugurated on 4th July 2010, by President [[Pratibha_Patil|Smt Pratibha Devisingh Patil]].<ref>{{cite web| url=http://pratibhapatil.nic.in/sp040710.html | title=Speech by Her Excellency the President of India, Shrimati Pratibha Devisingh Patil at the Inauguration of the Seven Hills Hospital}}</ref><ref>{{cite web| url=https://www.youtube.com/watch?v=B8heg4l-Pvg | title=Hon. President of India Smt. Pratibha Tai Patil at SevenHills Hospital Inauguration | accessdate=28 April 2017}}</ref>


==Financial difficulties and controversy==
The Mumbai branch of the hospital has increased its total capacity to 1500 beds, with 75 beds reserved for the underprivileged under the [[Rajiv Gandhi Jeevandayee Arogya Yojana]] [IN] health care act.<ref>{{cite web|title = Rajiv Gandhi Jeevandayee Arogya Yojana Society [IN]|url=https://www.jeevandayee.gov.in/RGJAY/FrontServlet?requestType=PublicViewsRH&actionVal=AarogyasriView&page=Network%20Hospitals&%3E%3E%3CB%3ENetwork%20Hospitals%3C/B%3E&mainMenu=Hospitals&subMenu=Network%20Hospitals#}}</ref>
The hospital began operations in phases; in the first phase, 300 beds were ready. However, all of the wards meant for BMC patients were still under construction, and a [[memorandum of understanding]] (MOU) between BMC and the hospital had not been signed.<ref name=express2010>{{cite web|title=Seven Hills ready, not promised beds for BMC hospital patients|url=http://indianexpress.com/article/cities/mumbai/seven-hills-ready-not-promised-beds-for-bmc-hospital-patients/|agency= Express News Service |website=The Indian Express|date=5 July 2010 |access-date=27 November 2017}}</ref> An expansion of the hospital (to open more of the 1,500 beds) was dependent upon the MOU. When the two parties could not agree on the terms, the matter was brought first to a civic house session (in 2010)<ref>{{cite web|title=Seven Hills Hospital controversy continues at BMC|last=Mhaske|first=Pandurang|url=http://www.dnaindia.com/mumbai/report-seven-hills-hospital-controversy-continues-at-bmc-1410844|website=dna|access-date=27 November 2017|date=17 July 2010}}</ref> and then to the [[Bombay High Court]] (in 2011).<ref>{{cite web|title=Provide 20% medical facilities to poor for free: HC to SevenHills Hospital|agency=DNA Correspondent |url=http://www.dnaindia.com/mumbai/report-provide-20-medical-facilities-to-poor-for-free-hc-to-sevenhills-hospital-1610244|website=dna|access-date=27 November 2017|date=10 November 2011}}</ref> Finally, in 2013, SevenHills agreed to provide 20% of all hospital beds (general and ICU) and facilities to poor patients, and to provide medicines at BMC rates. In addition, BMC was given power to "take over the hospital" if the hospital violated the agreement. An MOU between BMC and Seven Hills was signed in December 2013, and the hospital received a [[certificate of occupancy]].<ref>{{cite web|title=Finally, Seven Hills Hospital agrees to reserve 20% beds for the poor |url=http://www.dnaindia.com/mumbai/report-finally-seven-hills-hospital-agrees-to-reserve-20-beds-for-the-poor-1919449|website=dna|agency=DNA Correspondent|access-date=27 November 2017|date=15 November 2013}}</ref>


The delay in hospital expansion severely hampered the ability of SevenHills to raise revenue which, in turn, led to increased debt. In 2013, [[JPMorgan Chase]], through its Asia Infrastructure Fund, invested Rs 2.7 billion in SevenHills, allowing it to add 300 beds.<ref name=khan2013>{{cite web|last1=Khan|first1=Zahra|title=SevenHills hospital to embark on next phase of expansion|url=http://www.livemint.com/Companies/9HfNpGzPZyQUDbGEDhdwuK/SevenHills-hospital-to-embark-on-next-phase-of-expansion.html|website=www.livemint.com/|access-date=27 November 2017|date=15 May 2013}}</ref> A subsequent investment made JP Morgan a 35% owner in the company. In addition, hospital lenders, including [[Axis Bank]], agreed to restructuring the hospital's debt of Rs 8 billion.<ref name=khan2013 /> Maganti remained the controlling shareholder.{{citation needed|date=December 2018}}
==Public engagement==


In 2015–16, SevenHills reported revenue of Rs 2.3 billion and a loss of Rs 1.47 billion,<ref name=dhanjal2017 /> and the company continued to operate at 20% capacity. According to SevenHills's annual report, "The current level of operations of the company could not support the fixed overheads (finance costs, depreciation and [[Amortization (accounting)|amortization]] expenses) incurred for its Mumbai Hospital. Time overrun, coupled with substantial increase in cost and lower operational level, had put strain on the operational cash flows of the company, thereby resulting in liquidity problem for the company".<ref name=dhanjal2017>{{cite web|last1=Dhanjal|first1=Swaraj Singh|title=AION Capital in talks to buy Seven Hills Healthcare's $200 million debt|url=http://www.livemint.com/Companies/GajU6FKiL9NHeXQABTZrjO/AION-Capital-in-talks-to-buy-Seven-Hills-Healthcares-200-m.html|website=www.livemint.com/|access-date=27 November 2017|date=6 November 2017}}</ref> As of 2017, only 300 beds at the Mumbai hospital are operational.<ref name=gupta2017 />
SevenHills hospital is involved in increasing public awareness of health concerns like stroke and head injuries from road traffic accidents.<ref>{{cite news| url=http://timesofindia.indiatimes.com/city/visakhapatnam/visible-head-injury-and-unresponsiveness-can-indicate-brain-injury/articleshow/57759801.cms | title=Visible head injury and unresponsiveness can indicate brain injury}}</ref><ref>{{cite news| url=http://www.thehindu.com/news/cities/Visakhapatnam/everyone-must-know-about-stroke-management/article4325576.ece | title=Everyone must know about stroke management |}}</ref> The Cardiology Department has performed surgeries on rare cases like [[Lutembacher's syndrome|Lutembacher's Syndrome]],<ref>{{Cite web|title = Young mom with rare heart ailment cured |url=http://www.dnaindia.com/mumbai/report-young-mom-with-rare-heart-ailment-cured-1730567}}</ref> and performs surgeries for low income patients under the Rajiv Gandhi Arogyashree and Save a Heart programs. The Non-Invasive Cardiology Department uses procedures like nuclear medicine to assess the condition of cardiac muscles before performing surgeries.<ref>{{Cite web|url=http://www.dnaindia.com/india/interview-how-nuclear-medicine-can-help-avoid-unnecessary-angioplasty-2394484|title=How nuclear medicine can help avoid unnecessary angioplasty}}</ref> The Oncology Department performs surgeries on cancer patients, including HIV +ve patients.<ref>{{Cite web|title = HIV +ve man undergoes cancer surgery in Mumbai |url=http://www.dnaindia.com/health/report-hiv-ve-man-undergoes-cancer-surgery-at-sevenhills-hosp-2226324}}</ref> The Emergency and Casualty Department receives patients from casualties due to natural or human causes.<ref>{{Cite web|title = He lost his life doing what he loved the best flying |url=http://timesofindia.indiatimes.com/city/mumbai/he-lost-his-life-doing-what-he-loved-best-flying/articleshow/55949049.cms}}</ref><ref>{{Cite web|title = Report docs save 2yr old who suffered cardiac arrest after eating peanuts|url=http://www.dnaindia.com/mumbai/report-docs-save-2-yr-old-who-suffered-cardiac-arrest-after-eating-peanuts-1873709}}</ref><ref>{{Cite web|title = DNA exclusive: Family hurt in mishap comes home after 33 days, thanks timely aid.|url=http://www.dnaindia.com/mumbai/report-dna-exclusive-family-hurt-in-mishap-comes-home-after-33-days-thanks-timely-aid-1904547}}</ref> The hospital is a recognized organ donation and organ transplant center with facilities for liver and kidney transplant.<ref>{{Cite web|title = 20-year-old donates part of liver to the ailing father. |url=http://www.dnaindia.com/mumbai/report-20-year-old-donates-part-of-liver-to-ailing-father-1988691}}</ref><ref>{{Cite web|title = Grandmother's kidney gives kid a new life |url=http://timesofindia.indiatimes.com/city/mumbai/Grandmothers-kidney-gives-kid-a-new-life/articleshow/20451665.cms?referral=PM}}</ref><ref>{{Cite news|url=https://www.elawoman.com/mumbai/hospital/sevenhills-hospital-andheri-east|title=SevenHills Hospital, IVF Centre in Mumbai - Book Appointment, Fee, Review, IVF Cost|last=Expert|first=Ela Fertility|work=Ela Woman|access-date=2017-08-02|language=en}}</ref>


The Mumbai High Court gave the hospital until 31 March 2017 to repay its debts.<ref name=shah2017>{{cite web|last1=Shah|first1=Sneha|title=JP Morgan PE, promoter try to buy each other out of SevenHills|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/jp-morgan-pe-promoter-try-to-buy-each-other-out-of-sevenhills/articleshow/57214308.cms|website=The Economic Times|access-date=27 November 2017|date=18 February 2017}}</ref> JP Morgan first tried to find a buyer for its holdings, then tried to gain control of the company. Other companies have also expressed an interest in buying out the hospital's debt, however, no agreements were reached.<ref name=shah2017 />
==Finance ==


On 20 November 2017, the hospital's lenders filed for insolvency, which will force an auction of the hospital. The total liability is estimated at Rs 1,100–1,200 crore.<ref name=gupta2017>{{cite web|last1=Gupta|first1=Deepali|last2=Rajagopal|first2=Divya|title=Lenders file insolvency plea against SevenHills Hospital|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/lenders-file-insolvency-plea-against-sevenhills-hospital/articleshow/61717353.cms|website=The Economic Times|access-date=27 November 2017|date=20 November 2017}}</ref>
SevenHills is a for-profit hospital. In 2013, the hospital received 600 crore in equity investment from the Airro fund of [[JPMorgan Chase|JP Morgan Chase]] and a 600 crore loan from a consortium headed by [[Axis Bank]]. This has allowed the hospital chain to carry out major structural changes.<ref> {{Cite web|title = SevenHills hospital to embark on next phase of expansion. |url=http://www.livemint.com/Companies/9HfNpGzPZyQUDbGEDhdwuK/SevenHills-hospital-to-embark-on-next-phase-of-expansion.html}}</ref> The hospital adopted an [[Electronic Health Record|electronic health record]] system under a public-private partnership with [[Brihanmumbai Municipal Corporation]].<ref>{{Cite web|title = SevenHills Health city Technology for better patient care |url=http://ehealth.eletsonline.com/2011/09/sevenhills-health-city-technology-for-better-patient-care/}}</ref><ref>{{Cite web|title = 300 beds here for BMC patients |url=http://www.afternoondc.in/city-news/300-beds-here-for-bmc-patients/article_3255}}</ref><ref>{{Cite web|title = Govt aims for cheap n best health care |url=http://www.dnaindia.com/india/report-govt-aims-for-cheap-n-best-health-care-1375567}}</ref> The hospital receives patients from around the world, especially the African continent.<ref>{{Cite web|title = Letters: Ministry of Health should make the most of India's medical experts |url=http://www.newtimes.co.rw/section/article/2017-01-23/207350/}}</ref><ref>{{Cite web|title = South Africa woman goes under scalpel, 4.8kg tumour taken out |url=http://www.dnaindia.com/mumbai/report-south-africa-woman-goes-under-scalpel-48kg-tumour-taken-out-1810463}}</ref>


== Notable events at Sevenhills Hospital ==
==Hospital outreach==
In 2010, the hospital launched a "Save a Heart" program for under-privileged children with congenital heart defects. In 2011, [[Bollywood]] actor [[Hrithik Roshan]] donated Rs 1.5 million for ten children who were in need of cardiac surgery.<ref>{{cite web|title=Hrithik Roshan to save 10 hearts - Times of India|last1=Dubey|first1=Bharti|last2=Masand|first2=Pratibha|date=29 January 2011|url=https://timesofindia.indiatimes.com/city/mumbai/Hrithik-Roshan-to-save-10-hearts/articleshow/7381989.cms?referral=PM|website=The Times of India|access-date=27 November 2017}}</ref>
* [[Amitabh Bachchan]] underwent minor abdominal surgery and also the hospital gifted him Mobile Diabetes Van on his 70th birthday in the presence of Right Hon. [[Keith Vaz]], Member of Parliament, UK and [[Peter Beckingham]], Deputy British High Commissioner by the hospital CMD Dr. Jitendra Das Maganti.<ref>{{cite news| url=http://daily.bhaskar.com/news/ENT-seven-hills-hospital-gifts-amitabh-bachchan-a-mobile-3915123-PHO.html | title=Seven hills hospital gifts Amitabh Bachchan a mobile! |}}</ref>


In 2012, the British [[Deputy High Commissioner]] gifted a Mobile [[Diabetes]] Unit to SevenHills, the first such unit in Mumbai. The mobile clinic was named ''Amitabh'' in honor of actor [[Amitabh Bachchan]], the international patron of [[Silver Star (charity)|Silver Star]], a charity that specialises in raising awareness of diabetes.<ref>{{cite web|title=Amitabh Bachchan to receive mobile diabetes clinic as b'day gift - Times of India|url=https://timesofindia.indiatimes.com/entertainment/hindi/bollywood/news/Amitabh-Bachchan-to-receive-mobile-diabetes-clinic-as-bday-gift/articleshow/16755515.cms|agency=PTI|date=10 October 2012|website=The Times of India|access-date=27 November 2017}}</ref>
* [[Aishwarya Rai Bachchan]] delivered her baby girl at the hospital.<ref>{{cite news| url=http://timesofindia.indiatimes.com/city/mumbai/Aishwarya-Rais-delivery-Hospital-turns-fortress/articleshow/10733565.cms | title=Aishwarya Rai's delivery: Hospital turns fortress|}}</ref>


==COVID-19 hospital==
* [[Hrithik Roshan]] financially adopted 10 children in need of cardiac surgeries at the launch of the Save A Heart program at the hospital.<ref>{{cite news| url=http://timesofindia.indiatimes.com/city/mumbai/Hrithik-Roshan-to-save-10-hearts/articleshow/7381989.cms?referral=PM | title=Hrithik Roshan to save 10 hearts }}</ref>
{{Infobox hospital
| name = COVID-19 hospital
| org/group = SevenHills Hospital
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| location = [[Mumbai]]
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| state = Maharashtra
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| funding = Private
| type = Specialist
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In 2020, a COVID-19 hospital was constructed as part of the Seven Hills Hospital group in [[Mumbai City]], [[India]]. It was constructed by [[Reliance Industries Limited]] for [[COVID-19]] patients. It is the first dedicated COVID-19 hospital in India<ref>{{cite news |title=Reliance Sets Up India's First COVID-19 Dedicated Hospital in Mumbai |url=https://www.news18.com/photogallery/india/reliance-sets-up-indias-first-COVID-19-dedicated-hospital-in-mumbai-2548119.html |work=News18 |date=23 March 2020}}</ref> and managed by
[[Reliance Industries Limited]] AND Brihanmumbai Municipal Corporation
(https://en.wikipedia.org/wiki/Brihanmumbai_Municipal_Corporation)

for SevenHills Hospital Group.<ref>{{cite news |last1=Pandey |first1=Piyush |title=COVID-19 {{!}} Reliance sets up India's first dedicated coronavirus hospital |url=https://www.thehindu.com/business/reliance-sets-up-indias-first-dedicated-COVID-19-hospital/article31145158.ece |work=The Hindu |date=23 March 2020 |language=en-IN}}</ref>

{{Clear}}


== References ==
==References==
{{reflist}}
{{Reflist|30em}}


== External links ==
== External links ==
* {{Official website|http://www.sevenhillshospital.com/}}
* {{Official website|http://www.sevenhillshospital.com/}}
{{COVID-19 pandemic in India|state=collapsed}}


{{coord missing|India}}
{{coord missing|Maharashtra|Andhra Pradesh}}


[[Category:1986 establishments in India]]
[[Category:1986 establishments in Andhra Pradesh]]
[[Category:Hospitals established in 1986]]
[[Category:Hospitals established in 1986]]
[[Category:Hospitals established in 2010]]
[[Category:Hospitals in Visakhapatnam]]
[[Category:Hospitals in Mumbai]]
[[Category:Hospitals in Mumbai]]
[[Category:Hospitals in Andhra Pradesh]]
[[Category:COVID-19 pandemic in India]]
[[Category:Hospitals established for the COVID-19 pandemic]]
[[Category:Reliance Industries]]
[[Category:Hospitals established in 2020]]
[[Category:2020 establishments in Maharashtra]]
[[Category:2010 establishments in Maharashtra]]

Latest revision as of 05:03, 4 January 2025

SevenHills Hospitals
SevenHills Healthcare, Ltd.
Geography
LocationMumbai, Maharashtra and Visakhapatnam, Andhra Pradesh, India
Organisation
Care systemRajiv Gandhi Jeevandayee Arogya Yojana
TypeGeneral
PatronJitendra Das Maganti, founder and managing director
Services
Emergency departmentYes
Beds1,500 (Mumbai)
History
Opened1986 (Vishakapatnam), 2010 (Mumbai)
Links
Websitewww.sevenhillshospital.com
ListsHospitals in India

SevenHills Hospital is a group of three private hospitals, operating under central management, in Mumbai, Maharashtra, and Visakhapatnam, Andhra Pradesh, India. The Visakhapatnam branch opened in 1986, and the Mumbai branch opened in 2010. The Mumbai hospital was the result of a Rs 10 billion public-private partnership between SevenHills and Brihanmumbai Municipal Corporation (BMC). At 17 acres (6.9 ha) and 2,000,000 sq ft (190,000 m2) of built-up space, the Mumbai hospital was designed to be the country's largest hospital in a single location. A dedicated COVID-19 hospital was added in 2020.[citation needed]

History and facilities

[edit]

In 2002, talks began between SevenHills and Brihanmumbai Municipal Corporation (BMC) to open a multi-specialty branch of the hospital in Mumbai. According to the resulting public-private partnership agreement, signed in 2005,[1] BMC gave SevenHills a 60-year lease on a 17-acre (6.9 ha) plot in the Mumbai suburb of Andheri, near the Mumbai International Airport. In exchange, SevenHills agreed to reserve 20% (300) of its 1,500 beds for low-income patients who come through the BMC healthcare system, charging them at the same rate as offered by public hospitals.[2]

The funding for the project came from private capital and bank loans, and the majority stakeholder is Jitendra Das Maganti, M.D., the founder and managing director of the hospitals.[3] The Mumbai hospital was inaugurated in July 2010 by the president of India, Pratibha Patil,[4] which caused controversy as the hospital space for low-income patients was not ready.[5]

The Mumbai complex has a 2,000,000 sq ft (190,000 m2) bghuilt-up area with plans for 1500 beds (300 for critical care), intensive care units for cardiology, burns, neonates, and paediatrics, and 36 operating rooms.[2] The hospitals have services in over 30 specialties including Neurology and Neurosurgery, Cardiology, Oncology, Orthopedic Surgery, General Surgery and Laparoscopic Surgery, Emergency Services, Pediatrics, Otorhinolaryngology, Nephrology and Kidney Transplant, and Liver Transplantation.[citation needed]

Financial difficulties and controversy

[edit]

The hospital began operations in phases; in the first phase, 300 beds were ready. However, all of the wards meant for BMC patients were still under construction, and a memorandum of understanding (MOU) between BMC and the hospital had not been signed.[1] An expansion of the hospital (to open more of the 1,500 beds) was dependent upon the MOU. When the two parties could not agree on the terms, the matter was brought first to a civic house session (in 2010)[6] and then to the Bombay High Court (in 2011).[7] Finally, in 2013, SevenHills agreed to provide 20% of all hospital beds (general and ICU) and facilities to poor patients, and to provide medicines at BMC rates. In addition, BMC was given power to "take over the hospital" if the hospital violated the agreement. An MOU between BMC and Seven Hills was signed in December 2013, and the hospital received a certificate of occupancy.[8]

The delay in hospital expansion severely hampered the ability of SevenHills to raise revenue which, in turn, led to increased debt. In 2013, JPMorgan Chase, through its Asia Infrastructure Fund, invested Rs 2.7 billion in SevenHills, allowing it to add 300 beds.[9] A subsequent investment made JP Morgan a 35% owner in the company. In addition, hospital lenders, including Axis Bank, agreed to restructuring the hospital's debt of Rs 8 billion.[9] Maganti remained the controlling shareholder.[citation needed]

In 2015–16, SevenHills reported revenue of Rs 2.3 billion and a loss of Rs 1.47 billion,[10] and the company continued to operate at 20% capacity. According to SevenHills's annual report, "The current level of operations of the company could not support the fixed overheads (finance costs, depreciation and amortization expenses) incurred for its Mumbai Hospital. Time overrun, coupled with substantial increase in cost and lower operational level, had put strain on the operational cash flows of the company, thereby resulting in liquidity problem for the company".[10] As of 2017, only 300 beds at the Mumbai hospital are operational.[11]

The Mumbai High Court gave the hospital until 31 March 2017 to repay its debts.[12] JP Morgan first tried to find a buyer for its holdings, then tried to gain control of the company. Other companies have also expressed an interest in buying out the hospital's debt, however, no agreements were reached.[12]

On 20 November 2017, the hospital's lenders filed for insolvency, which will force an auction of the hospital. The total liability is estimated at Rs 1,100–1,200 crore.[11]

Hospital outreach

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In 2010, the hospital launched a "Save a Heart" program for under-privileged children with congenital heart defects. In 2011, Bollywood actor Hrithik Roshan donated Rs 1.5 million for ten children who were in need of cardiac surgery.[13]

In 2012, the British Deputy High Commissioner gifted a Mobile Diabetes Unit to SevenHills, the first such unit in Mumbai. The mobile clinic was named Amitabh in honor of actor Amitabh Bachchan, the international patron of Silver Star, a charity that specialises in raising awareness of diabetes.[14]

COVID-19 hospital

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COVID-19 hospital
SevenHills Hospital
Geography
LocationMumbai, Mumbai, Maharashtra
Organisation
FundingPrivate
TypeSpecialist
Services
Beds100
SpecialityCOVID-19 patients
History
Opened2020

In 2020, a COVID-19 hospital was constructed as part of the Seven Hills Hospital group in Mumbai City, India. It was constructed by Reliance Industries Limited for COVID-19 patients. It is the first dedicated COVID-19 hospital in India[15] and managed by Reliance Industries Limited AND Brihanmumbai Municipal Corporation (https://en.wikipedia.org/wiki/Brihanmumbai_Municipal_Corporation) 

for SevenHills Hospital Group.[16]

References

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  1. ^ a b "Seven Hills ready, not promised beds for BMC hospital patients". The Indian Express. Express News Service. 5 July 2010. Retrieved 27 November 2017.
  2. ^ a b Raghunath, Pamela (2 July 2010). "One of Asia's largest hospitals to open in Mumbai". GulfNews. Retrieved 27 November 2017.
  3. ^ Jayakumar, P. B. (27 July 2009). "India Inc finds wealth in health". Rediff. Retrieved 27 November 2017.
  4. ^ "Speech by Her Excellency the President of India, Shrimati Pratibha Devisingh Patil at the Inauguration of the Seven Hills Hospital". pratibhapatil.nic.in. Retrieved 27 November 2017.
  5. ^ Duggal, Ravi; Kurian, Oommen C.; Wagle, Suchitra; Deosthali, Padma (1 January 2013). Appropriate Role for the Private Sector in Health Care of India: Political Economy of Private Healthcare. Independent Commission on Development & Health in India and VHAI. pp. 46–. GGKEY:NFZTFQJLXLZ.
  6. ^ Mhaske, Pandurang (17 July 2010). "Seven Hills Hospital controversy continues at BMC". dna. Retrieved 27 November 2017.
  7. ^ "Provide 20% medical facilities to poor for free: HC to SevenHills Hospital". dna. DNA Correspondent. 10 November 2011. Retrieved 27 November 2017.
  8. ^ "Finally, Seven Hills Hospital agrees to reserve 20% beds for the poor". dna. DNA Correspondent. 15 November 2013. Retrieved 27 November 2017.
  9. ^ a b Khan, Zahra (15 May 2013). "SevenHills hospital to embark on next phase of expansion". www.livemint.com/. Retrieved 27 November 2017.
  10. ^ a b Dhanjal, Swaraj Singh (6 November 2017). "AION Capital in talks to buy Seven Hills Healthcare's $200 million debt". www.livemint.com/. Retrieved 27 November 2017.
  11. ^ a b Gupta, Deepali; Rajagopal, Divya (20 November 2017). "Lenders file insolvency plea against SevenHills Hospital". The Economic Times. Retrieved 27 November 2017.
  12. ^ a b Shah, Sneha (18 February 2017). "JP Morgan PE, promoter try to buy each other out of SevenHills". The Economic Times. Retrieved 27 November 2017.
  13. ^ Dubey, Bharti; Masand, Pratibha (29 January 2011). "Hrithik Roshan to save 10 hearts - Times of India". The Times of India. Retrieved 27 November 2017.
  14. ^ "Amitabh Bachchan to receive mobile diabetes clinic as b'day gift - Times of India". The Times of India. PTI. 10 October 2012. Retrieved 27 November 2017.
  15. ^ "Reliance Sets Up India's First COVID-19 Dedicated Hospital in Mumbai". News18. 23 March 2020.
  16. ^ Pandey, Piyush (23 March 2020). "COVID-19 | Reliance sets up India's first dedicated coronavirus hospital". The Hindu.
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