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{{Short description|Indian Chain of Medical facilities}}
{{COI|date=February 2020}}
{{Use British English|date=December 2013}}
{{Use British English|date=December 2013}}
{{Use dmy dates|date=December 2013}}
{{Use dmy dates|date=March 2022}}
{{Infobox company
{{Infobox company
| name = Narayana Health
| name = Narayana Health<br />(Narayana Hrudayalaya Limited)
| logo = Narayana Health Logo.jpg
| type = [[Public limited company|Public]]
| image = Mazumdar Shaw Medical Center, Narayana Health City, Bangalore.jpg
| traded_as = {{BSE|539551}}<br />{{NSE|NH}}
| logo = [[File:Logo for Narayana Health.png|frameless|left|300px]]
| image_caption = [[Mazumdar Shaw Medical Centre]], Narayana Health City in [[Bangalore]]
| type = [[Public limited company|Public]]
| slogan = Health for all. All for health.
| traded_as = {{BSE|539551}}<br />{{NSE|NH}}
| foundation = 2000
| ISIN = {{ISIN|sl=n|pl=y|INE410P01011}}
| industry = Healthcare Services
| foundation = {{start date and age|df=yes|2000}}
| location = [[Bengaluru, India]]
| founder = [[Devi Shetty]]
| key_people = Dr. [[Devi Shetty]], Chairman<br /> Dr. A Raghuvanshi, Vice Chairman, MD & Group CEO
| hq_location_city = [[Bangalore]]
| services = Complete health care services
| hq_location_country = India
| num_employees = 15,500
| num_locations = 24 hospitals, 7 heart centres
| revenue =
| industry = [[Healthcare]]
| homepage = [http://www.narayanahealth.org www.narayanahealth.org]
| products = [[Hospitals]], [[Pharmacy]], [[Medical diagnosis|Diagnostic centre]]s
| area_served = [[India]] & [[Cayman Islands]]
| key_people = [[Devi Shetty]] (Chairman)<br /> Emmanuel Rupert (MD & Group CEO)<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/narayana-hrudayalaya-appoints-new-ceo-viren-shetty-is-new-group-coo/articleshow/67818376.cms|title=Narayana Hrudayalaya appoints new CEO, Viren Shetty is new Group COO|newspaper=The Economic Times}}</ref><br /> Viren Shetty (Executive Vice Chairman)<ref>{{Cite news|url=https://www.business-standard.com/the-morning-show/video/q&a/how-is-viren-shetty-taking-narayana-health-biz-close-to-us-shores-1180.htm|title=How is Viren Shetty taking Narayana Health biz close to US shores?
|newspaper=Business Standard}}</ref><ref>{{Cite web |title=I did not want to pursue medicine: Narayana Health COO Viren Shetty |url=https://www.newindianexpress.com/lifestyle/health/2021/dec/16/i-did-notwant-to-pursue-medicinenarayana-health-coo-viren-shetty-2395952.html |access-date=2023-07-04 |website=The New Indian Express|date=16 December 2021 }}</ref>
| revenue = {{up}} {{INRConvert|5018|c}} (FY24)<ref name="Financials">{{cite web |title=Earnings Update Q4 FY24 and FY24 |url=https://stgaccinwbsdevlrs01.blob.core.windows.net/newcorporatewbsite/stakeholder-category-details/May2024/aHaPAQk7vevUXZIIDItR.pdf |publisher=Narayana Health |access-date=13 June 2024}}</ref>
| operating_income = {{up}} {{INRConvert|1227|c}} (FY24)<ref name="Financials"/>
| net_income = {{up}} {{INRConvert|789|c}} (FY24)<ref name="Financials"/>
| num_employees = 19,214 (2024)<ref name="Financials"/>
| homepage = {{url|https://www.narayanahealth.org/}}
}}
}}
[[File:Narayana Institute of Cardiac Sciences, Bangalore, Karnataka, India (2014).jpg|thumb|Narayana Institute of Cardiac Sciences, Bangalore, India]]
'''Narayana Health''' (formerly known as '''Narayana Hrudyalaya''') is a multi-specialty hospital chain in India, headquartered in Bengaluru.<ref name="bizworld">{{cite web|url=http://www.businessworld.in/news/business/pharma/pulse-on-the-future/387829/page-1.html|work=Online webpage of Businessworld|title=Pulse On The Future|accessdate=2012-03-15}}</ref>
'''Narayana Health''' (formerly known as '''Narayana Hrudyalaya''') is an Indian [[For-profit hospital|for-profit]] [[Private hospital|private]] [[hospital network]] headquartered in [[Bangalore]].<ref>{{Cite web|url=http://www.forbesindia.com/article/philanthropy-awards-2013/narayana-health-providing-worldclass-treatment-to-the-poor/36645/1|title=Narayana Health: Providing World-class Treatment to the Poor {{!}} Forbes India|website=Forbes India|language=en-US|access-date=2018-09-13}}</ref> It was founded by [[Devi Shetty|Dr. Devi Shetty]] in the year 2000.<ref>{{Cite web|url=http://www.daijiworld.com/chan/interviews_view.asp?i_id=34|title=D A I J I W O R L D|website=daijiworld.com|access-date=2018-09-13}}</ref><ref>{{Cite news|url=https://hbswk.hbs.edu/item/entrepreneurial-hospital-pioneers-new-model|title=Entrepreneurial Hospital Pioneers New Model|date=2005-01-24|work=HBS Working Knowledge|access-date=2018-09-13|language=en-us}}</ref><ref>{{Cite news|url=https://www.indiainfoline.com/article/news-sector-pharma-healthcare/26-heart-transplants-and-going-strong-116092900442_1.html|title=26 Heart Transplants and going strong|last=indiainfoline.com|access-date=2018-09-13|language=en}}</ref>


Narayana Health operates several hospitals and heart centres across major Indian cities Bangalore, Delhi, Gurugram, Kolkata, Ahmedabad, Raipur, Jaipur, Mumbai, Mysore etc. with an international subsidiary in the [[Cayman Islands]].<ref>{{Cite news|url=https://www.livemint.com/Companies/u8l289zXK6BeYXJwskFHmJ/Kiran-MazumdarShaw-becomes-second-Indian-to-take-the-Giving.html|title=Kiran Mazumdar-Shaw becomes second Indian to take the Giving Pledge|last=Ramanathan|first=Arundhati|date=2016-06-01|work=Mint|access-date=2018-09-13}}</ref> The facilities offer medical care in over 30 medical specialties and three of its hospitals – [[Narayana Institute of Cardiac Sciences]], Bangalore, and [[Health City Cayman Islands]] – are JCI (Joint Commission International) accredited.<ref>{{Cite press release|url=https://www.prnewswire.com/news-releases/health-city-cayman-islands-awarded-jci-accreditation-300083613.html|title=Health City Cayman Islands Awarded JCI Accreditation|agency=PR Newswire|language=en|access-date=2018-09-13}}</ref>{{Third-party inline|date=November 2020}}
The organization bagged the "Good Company" award for its quality, affordability and scale of operations.<ref name="ForbesIndia">{{cite web|url=http://forbesindia.com/article/philanthropy-awards-2013/narayana-health-providing-worldclass-treatment-to-the-poor/36645/1|work=Online webpage of Forbes India|title=Philanthropy Awards 2013|accessdate=2013-12-06}}</ref> The business model of Narayana Health was also accorded a place in the Global Healthcare and Harvard Business School Case Study among other achievements.<ref name="HFII">{{cite web|url=
http://www.health.org.uk/blog/quality-affordability-and-scale-in-healthcare-learning-from-narayana/|work=Online webpage of The Health Foundation Inspiring Improvement|title=Quality, affordability and scale in healthcare: learning from Narayana|accessdate=2013-12-06}}</ref>
<ref>{{cite web|author1=Tarun Khanna |author2=V. Kasturi Rangan |url=http://hbr.org/product/Narayana-Hrudayalaya-Hear/an/505078-PDF-ENG |publisher=Hbswk.hbs.edu HBS Premier Case Collection|date=22 June 2005|title=Narayana Hrudyalaya |accessdate=2005-06-22}}</ref> The hospital chain is one of the largest telemedicine networks in the world.<ref name="tm">{{cite web|url=http://www.expresshealthcaremgmt.com/200609/bangalorediscovered03.shtml|work=Online Webpage of the Express Healthcare Management|title=A Whole New World|author=Nayantara Som|publisher=Indian Express Newspapers (Mumbai) Limited|accessdate=2007-06-13}}</ref>


==History==
==History==
[[Devi Shetty]] founded Narayana Hrudalaya (NH) in the year 2000 with a 280-bed heart hospital<ref>{{Cite web|title=Biggest Innovations: Narayana Health has successfully married affordability, quality health care|url=https://www.businesstoday.in/magazine/cover-story/biggest-india-innovation-narayana-health/story/205823.html|access-date=2020-11-18|website=businesstoday.in|date=9 May 2014 }}</ref> in [[Bangalore]].<ref>{{Cite news|url=https://www.thehindu.com/todays-paper/tp-features/tp-sundaymagazine/boom-time-for-medicare/article3232025.ece|title=Boom time for medicare|date=2006-04-30|work=The Hindu|access-date=2018-09-13|language=en-IN|issn=0971-751X}}</ref><ref>{{Cite web|url=https://economictimes.indiatimes.com/slideshows/corporate-industry/devi-shettys-narayana-healthcare-men-behind-success-of-his-low-cost-hospitals/slideshow/20240988.cms|title=Devi Shetty's Narayana Healthcare: Men behind success of his low-cost hospitals|website=The Economic Times|access-date=2018-09-13}}</ref>


In 2013, Narayana Hrudyalaya officially changed its identity to Narayana Health.<ref>{{Cite web|url=https://economictimes.indiatimes.com/narayana-hrudayalaya-ltd/infocompanyhistory/companyid-47955.cms|title=Narayana Hrudayalaya History {{!}} Narayana Hrudayalaya Information – The Economic Times|website=The Economic Times|access-date=2018-09-13}}</ref> Since 2014, the group operates [[Health City Cayman Islands]] in Grand Caymen. Emmanuel Rupert was made the MD & Group CEO in place of Ashutosh Raghuvansha following the latter's resignation in January 2019.<ref>{{Cite news|title=Narayana Hrudayalaya appoints new CEO, Viren Shetty is new Group COO|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/narayana-hrudayalaya-appoints-new-ceo-viren-shetty-is-new-group-coo/articleshow/67818376.cms|access-date=2020-11-12}}</ref><ref name=":0">{{Cite web |last=Samuel |first=Joe V |date=31 March 2021 |title=Retail Equity Research (South India Focus): Narayana Health Ltd |url=https://bsmedia.business-standard.com/_media/bs/data/market-reports/equity-brokertips/2021-04/16172623300.11085400.pdf |access-date=27 April 2022 |website=Business Standard |publisher=Geojit }}</ref> From 2016 onwards, NH has increased its presence in [[New Delhi]], [[Gurgaon]] and [[Mumbai]], by opening premium multi specialty hospitals, in order to boost margins.<ref name=":0" /> In 2022, NH announced that it is looking to set up a 1000-bed advanced specialty hospital in [[Kolkata]].<ref>{{Cite web |last=Medical Dialogues Bureau |date=2022-04-22 |title=Narayana Health founder Devi Shetty reveals plan to launch 1000 bedded Super specialty hospital in Kolkata |url=https://medicaldialogues.in/news/health/hospital-diagnostics/narayana-health-founder-devi-shetty-reveals-plan-to-launch-1000-bedded-super-specialty-hospital-in-kolkata-91827 |access-date=2022-04-27 |website=medicaldialogues.in |language=en}}</ref>
===2000-2008===
Dr. Devi Shetty founded our Company in the year 2000 (19 July 2000). Initiated the concept of "micro health insurance scheme. Over the period NH has established its second hospital in Kolkata. <ref>http://economictimes.indiatimes.com/slideshows/corporate-industry/devi-shettys-narayana-healthcare-men-behind-success-of-his-low-cost-hospitals/slideshow/20240988.cms</ref>


[[File:Ambulance used by Narayana Health Group, India.jpg|alt=An ambulance used by Narayana Health Hospitals|thumb|An ambulance used by Narayana Health Hospitals.]]
===2009-2012===
In a year Narayana Hrudayalaya has established its hospitals across India. NH was established its hospitals in Jamshedpur, Jaipure, Dhawad, Raipur, Hyderabad, Davangere etc. NH has seen a good growth in this particular period.


===2013- Present===
==Listing==
Narayana Hrudyalaya was listed on the [[BSE SENSEX|BSE]] and the [[National Stock Exchange of India|NSE]] on 6 January 2016. Upon [[debut]], the company was valued at over US$1 billion.<ref>{{cite web|url=http://forbesindia.com/article/special/narayana-hrudayalayas-market-cap-crosses-$1-billion-on-market-debut/41853/1|title=Narayana Hrudayalaya's market cap crosses $1 billion on market debut – Forbes India|website=Forbes India}}</ref>
Over this 4 years’ time, NH had made its mark in Indian health care industry. In 2013, Narayana Hrudyalaya Pvt. Ltd. officially changed its identity to '''Narayana Health'''.<ref>http://www.narayanahealth.org/corporate-information</ref><ref>http://www.narayanahealth.org/evolution</ref> It is now running across 19 cities and 31 hospitals.


== Current facilities ==
==Health City==
The first health city was set up in the outskirts of Bangalore (now Bengaluru).<ref name="Schwab">{{cite web|url=http://www.schwabfound.org/schwabentrepreneurs.htm?schwabid=3980&extended=yes|work=Online Webpage of the Schwab Foundation|title=Devi P. Shetty, Narayana Hrudayalaya Institute of Medical Sciences|accessdate=2007-06-13 |archiveurl = http://web.archive.org/web/20070927081605/http://www.schwabfound.org/schwabentrepreneurs.htm?schwabid=3980&extended=yes |archivedate = 2007-09-27}}</ref> Spread over {{convert|25|acre|m2}}, it is located in the Bommasandra Industrial Area on Hosur Road in Bengaluru. NH Health City consists of a 1000-bed cardiac care hospital and a 1400-bed multi-specialty hospital, which has one of Asia's most advanced Cancer Care facility and India's largest Bone Marrow Transplant Unit.<ref name="Schwab"/><ref name="const">{{cite web|url=http://www.narayanahealth.org|work=Online Webpage of Narayana Health|title=Narayana Health, Bengaluru|accessdate=2007-06-13 |archiveurl = http://web.archive.org/web/20070603010522/http://www.narayanahealth.org/<!-- Bot retrieved archive --> |archivedate = 2007-06-03}}</ref> Narayana Health has also partnered with Mrs. Kiran Mazumdar Shaw of Biocon and has set up a fully integrated cancer hospital as a result of the partnership.<ref name="Pharmabiz">{{cite web|url=http://pharmabiz.com/NewsDetails.aspx?aid=70499&sid=2|work=Online webpage of Pharmabiz News|title=Mazumdar-Shaw Cancer Centre at Narayana Health City opens largest bone marrow transplant unit|accessdate=2012-08-06}}</ref>


===Cardiac care===
=== India ===
====North India====
Almost 42 heart surgeries and 24 [[open heart]] surgeries and 35 catheterization procedures daily and more than 95000 cardiac surgeries have been done since the chain’s existence. Their paediatric cardiac program is among the world’s largest programs. In addition, the group does over 2500 interventional cardiology procedures every month. A total of 15,000 coronary bypass grafting operations have been performed in the Bengaluru hospital.<ref>http://www.daijiworld.com/chan/interviews_view.asp?i_id=34</ref> Their Bangalore cardiac unit (previously Narayana Hrudayalaya now Narayana Institute of Cardiac Sciences) is one of the world's largest heart hospitals.<ref>http://hbswk.hbs.edu/item/4585.html</ref> The hospital also receives patients from outside India, and has created a record of performing nearly 15,000 surgeries on patients from 25 foreign countries.<ref>http://www.thehindu.com/todays-paper/tp-features/tp-sundaymagazine/article3232025.ece</ref>


* Shri Mata Vaishno Devi Narayana Super Speciality Hospital, Jammu, J&K
=== Neurosciences ===
* Narayana Superspeciality Hospital, Gurugram
Their Neurosciences department comprises ‘Neurology’ and ‘Neurosurgery’. The department was commissioned in 2004 and is now available in seven facilities across six cities.<ref>http://www.narayanahealth.org/specialities/neurology</ref><ref>http://www.narayanahealth.org/specialities/neurosurgery</ref>
* [[Dharamshila Cancer Hospital and Research Centre]] Delhi


===Oncology/cancer care===
====West India====
Mazumdar-Shaw Cancer Center, the oncology division of Narayana Health, was established in 2009, at Bangalore.<ref>http://www.narayanahealth.org/patients/specialities/oncology</ref>


* [[Narayana Multispeciality Hospital, Ahmedabad]]
===Organ transplant===
* [[Narayana Multispeciality Hospital, Jaipur]]
Their Bone Marrow Transplant (BMT) Unit is situated at the Mazumdar-Shaw Cancer Center in Bangalore. It is a 14-bedded facility and focuses on the treatment of ‘thalassemia’. The unit can conduct 14 transplants at any given time and is the largest of its kind in the country.
* SRCC Children's Hospital, Mumbai

===Tele-medicine===
The telemedicine service was started in 2002 to cater mainly to the rural populace in the country. Their telemedicine network connects to countries like Malaysia, Mauritius and Pakistan; with most of the cases referred through telemedicine being cardiac ones. ECG reports, Audio/Visual data, CT scans, X-rays, MRIs and their analysis are exchanged via the telephone line, broadband connection or satellite. The group is also a part of "The Karnataka Telemedicine Project" which was inaugurated on April 8, 2002 and links two rural hospitals in Saragur, Karnataka viz. the Chamarajnagar District Hospital and the Vivekananda Memorial Hospital with the Narayana Hrudayalaya.<ref>http://www.frontline.in/enwiki/static/html/fl2016/stories/20030815005411400.htm</ref>

==Listing==
Narayana Hrudyalaya was listed on the BSE and the NSE on 6 January 2016. The stock values soared upon debut, valuing the company at over 1 Billion USD.<ref>http://forbesindia.com/article/special/narayana-hrudayalayas-market-cap-crosses-$1-billion-on-market-debut/41853/1</ref>


====South India====
== Awards and Accolades ==
'''2013'''
* "[[Financial Times]] Arcelor Mittal Boldness in Business Awards 2013": Corporate Responsibility / Environment <ref>http://aboutus.ft.com/2013/03/20/ft-and-arcelormittal-recognise-business-innovators-of-2013/#axzz3PXoDkMKv</ref>
* Porter Prize for Industry Architectural Shift (2013)<ref>http://www.porterprize.in/key-takeaways-2014/</ref>


* [[Mazumdar Shaw Medical Centre]], Bangalore
'''2012'''
* MS Ramaiah Narayana Heart Centre, Bangalore
* NH ranked 36th among 'World's 50 most Innovative Companies' by Fast Company (2012)<ref>http://www.fastcompany.com/3017477/most-innovative-companies-2012/36narayana-hrudayalaya-hospitals</ref>
* [[Narayana Institute of Cardiac Sciences|Narayana Institute of Cardiac Sciences, Bangalore]]
* Frost and Sullivan India Healthcare Excellence Awards - Healthcare Provider Company of the Year (Revenue between INR 500-1000 Cr)<ref>http://pharmabiz.com/NewsDetails.aspx?aid=71324&sid=2</ref>
* Narayana Medical Centre, Langford Town, Bangalore
* NH Bangalore receives [[FICCI]] Healthcare Excellence Award for Addressing Industry Issues (2012)<ref>http://pharmabiz.com/NewsDetails.aspx?aid=70906&sid=2</ref>
* Narayana Multispeciality Clinic, Jayanagar, Bangalore
* [[Narayana Multispeciality Hospital, HSR Layout]], Bangalore
* [[Narayana Multispeciality Hospital, Whitefield]], Bangalore
* [[Narayana Multispeciality Hospital, Mysore]]
* NH Jindal Sanjeevani Multispeciality Hospital, Bellary
* RL Jalappa Narayana Heart Centre, Kolar
* Sahyadri Narayana Multispeciality Hospital, Shimoga
* SDM Narayana Heart Centre, Dharwad
* SS Narayana Heart Centre, Davengere


====East India====
'''2010'''
* Speciality Hospital by [[CNBC]] & [[ICICI Lombard]] Healhcare for the category - Commendation for driving affordable and quality healthcare for all<ref>http://www.business-standard.com/article/press-releases/icici-lombard-cnbc-tv18-announce-winners-of-healthcare-awards-110122200117_1.html</ref>


* [[Brahmananda Narayana Multispeciality Hospital, Jamshedpur]]
== Group Hospitals & Heart Centres ==
* MMI Narayana Multispeciality Hospital, Raipur
* Narayana Multispeciality Hospital, Barasat, Kolkata
* [[Narayana Multispeciality Hospital, Howrah]]<ref>{{Cite news|url=https://timesofindia.indiatimes.com/city/kolkata/Narayana-Health-buys-Westbank-Hospital/articleshow/45264317.cms|title=Narayana Health buys Westbank Hospital |work=The Times of India|access-date=2018-09-13}}</ref>
* [[Narayana Superspeciality Hospital, Guwahati]]
* [[Narayana Superspeciality Hospital, Howrah]]
* [[Rabindranath Tagore International Institute of Cardiac Sciences]], Kolkata
* Rabindranath Tagore Surgical Centre, Kolkata


=== Cayman Islands ===
*'''Ahmedabad, Narayana Multispecialty Hospital''': Narayana Multispecialty Hospital is a 140-bed hospital and an established healthcare provider in the region of Gujarat.<ref name=" timesofindia">{{cite web|url= http://timesofindia.indiatimes.com/city/kolkata/Narayana-Health-buys-Westbank-Hospital/articleshow/45264317.cms}}</ref>
* [[Health City Cayman Islands]], [[Cayman Islands]]
* '''Bangalore, [[Narayana Institute of Cardiac Sciences]]''': Narayana Institute of Cardiac Sciences is situated in the Bommasandra Industrial Area in Bangalore and is a JCI and NABH accredited cardiac hospital.
* '''Bangalore, Mazumdar Shaw Medical Centre''': Mazumdar-Shaw Medical Center is a 1400-bed cancer care facility and is located in the NH Health City, Bangalore.<ref name=" forbesindia">{{cite web|url= http://forbesindia.com/article/philanthropy-awards-2013/narayana-health-providing-worldclass-treatment-to-the-poor/36645/1}}</ref>
* '''Bangalore, Chinmaya Narayana Super speciality Centre''': Situated in the prime location of CMH Road, Indiranagar, Chinmaya Narayana super speciality centre is a 100-bed Cardiology hospital in Bangalore.
* '''Bangalore, MS Ramaiah Narayana Heart Centre''': MS Ramaiah Narayana Heart Centre is a cardiology facility situated at MS Ramaiah Memorial Hospital in the heart of Mathikere, Bangalore.
* '''Bangalore, St. Martha's Heart Centre''': St. Martha’s is a 50-bed heart centre managed by Narayana Health and located on Nrupathunga Road, Bangalore.
* '''Bangalore, Whitefield, Narayana Multispecialty Hospital''': Narayana Multispecialty hospital is situated close to the Kadugodi Industrial Area, Whitefield and is a multi-speciality provider.
* '''Bangalore, HSR Layout, Narayana Multispecialty Hospital''': Narayana Multispecialty Hospital has a vast panel of specialty doctors and is located in HSR Layout, Bangalore.
* '''Davengere, SS Narayana Heart Centre''': SS Narayana Heart Centre is an 80-bed, Cardiology unit of Narayana Health and is located in Davengere, with 30,000 square feet of built up space.
* '''Dharwad, SDM Narayana Heart Centre''': SDM Narayana Heart Centre has partnered with SDM College of Medical Science and is located in Sattur, Dharwad.
* '''Bellary, NH Jindal Sanjeevani Multispecialty Hospital''': An ultramodern facility at Bellary, NH Jindal Sanjeevani Multispecialty Hospital provides multispecialty care to the inhabitants of Toranagallu.
* '''Berhampore, NH Rabindranath Thakur Diagnostics & Medical Care Centre''': Narayana Healthcare extends its services to the people of West Bengal with the NH Rabindranath Thakur Diagnostics & Medical Care Centre.<ref name="newindianexpress">{{cite web|url= http://www.newindianexpress.com/education/edex/A-clinical-analysis-of-medical-education/2013/04/29/article1562467.ece}}</ref>
* '''Jaipur, Narayana Multispeciality Hospital''': The people of Sanganer, Jaipur will now be serviced by Narayana Multispecialty Hospital 24/7.
* '''Jamshedpur, Brahmanand Narayana Multispecialty Hospital''': Located in Jamshedpur, Brahmanand Narayana Multispecialty Hospital is an accredited unit of Narayana Health; the latter which is headquartered in Bangalore, Karnataka.
* '''Katra, Shri Mata Vaishno Devi Narayana Super Speciality Hospital''': The recently inaugurated Shri Mata Vaishno Devi Narayana super speciality Hospital at Katra, now extends its services to the people of Jammu and Kashmir.
* '''Kolar, RL Jalappa Narayana Heart Centre''': RL Jalappa Narayana Heart Centre is a 75-bed cardiology centre - a unit of Narayana Health, Bangalore.
* '''Kolkata, Rabindranath Tagore International Institute of Cardiac Sciences''': Rabindranath Tagore International Institute of Cardiac Sciences is an NABH-accredited tertiary care hospital, located in Kolkata, West Bengal.
* '''Kolkata, Rotary Narayana Eye Hospital''': Rotary Narayanan Eye Hospital is an eye care unit of Narayana Health headquartered in Bangalore and is located in Kolkata, West Bengal.
* '''Kolkata, Rabindranath Tagore Surgical Centre, Hiland Park''': Rabindranath Tagore Surgical Centre is a multi-specialty facility in Hiland Park, Kolkata and is an extended unit of RTIICS – a division of Narayana Health.
* '''Kolkata, Narayana multispecialty Hospital, Chunavati, Howrah''': A 150-bed facility, Narayana Multispecialty Hospital is located in the area of Chunavati, Howrah, Kolkata.
* '''Kolkata, Narayana multispecialty Hospital, Andul Road, Howrah''': Narayana Multispecialty Hospital is a multispecialty unit of Narayana Health and is well-connected by public transport and located on Andul Road, Howrah.
* '''Kolkata, NH Narayana multispecialty Hospital, Barasat''': Narayana Health has extended its commitment to multispecialty healthcare to the region of Barasat in Kolkata, West Bengal.
* '''Mahuva, NH Hanumant Hospital''': Located close to the Neswad Devaliya Bypass in Mahuva, Gujarat, NH Hanumant Hospital is a division of Narayana Health, which is based in Bangalore.
* '''Mysore, Narayana Multispeciality Hospital''': Narayana Multispecialty Hospital is one among the many hospitals in the chain of healthcare facilities by Narayana Health and is located in Devanur.
* '''Palanpur, NH Mavjat multispecialty Hospital''': NH Mavjat Multispecialty Hospital is run and managed by Narayana Health and is located at Palanpur, Gujarat.
* '''Raipur, MMI Narayana multispecialty Hospital''': MMI Narayana Multispecialty Hospital is located in Raipur, Chhattisgarh and houses the ‘shape clinic’ apart from servicing its inhabitants across all other departments of healthcare.
* '''Shimoga, Sahyadri Narayana Multispeciality Hospital''': Sahyadri Narayana Multispecialty Hospital is a large, 500-bed tertiary facility located in Shimoga, Karnataka.
* '''Durgapur, IQ City Narayana Multispecialty Hospital''': The Narayana Multispecialty Hospital, which is a primary and tertiary medical facility, at Durgapur is set amidst the IQ City Health and Knowledge Campus in West Bengal.
* '''Guwahati, Narayana Superspeciality Hospital''': The Narayana Superspeciality Hospital is a unit of Narayana Health and is considered among the first of the tertiary care hospitals in the state of Assam.<ref name="prnewswire">{{cite web|url= http://www.prnewswire.co.in/news-releases/patient-from-bangladesh-fit-for-renal-transplant-after-undergoing-bariatric-surgery-at-rabindranath-tagore-international-institute-of-cardiac-sciences-566669301.html}}</ref>


==External links==
==References==
{{Reflist}}
*[http://www.narayanahealth.org Narayana Hospitals]


== External links ==
==Notes==
* {{Official website}}
{{reflist}}


{{Karnataka topics}}
{{Authority control}}


{{DEFAULTSORT:Narayana Health}}
{{DEFAULTSORT:Narayana Health}}
[[Category:Narayana Health| ]]
[[Category:Hospitals established in 2000]]
[[Category:Hospitals established in 2000]]
[[Category:Hospitals in Bangalore]]
[[Category:Hospitals in Bengaluru]]
[[Category:Hospital networks in India]]
[[Category:Hospital networks in India]]
[[Category:Hospitals in Kolkata]]
[[Category:Hospitals in Kolkata]]
[[Category:Hospitals in Ahmedabad]]
[[Category:Hospitals in Hyderabad, India]]
[[Category:Hospitals in Hyderabad, India]]
[[Category:Hospitals in Rajasthan]]
[[Category:Hospitals in Rajasthan]]
[[Category:Companies based in Bangalore]]
[[Category:Companies based in Bengaluru]]
[[Category:Health care companies of India]]
[[Category:Health care companies of India]]
[[Category:Health in the Cayman Islands]]
[[Category:2000 establishments in Karnataka]]
[[Category:Indian companies established in 2000]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Latest revision as of 10:56, 16 December 2024

Narayana Health
(Narayana Hrudayalaya Limited)
Company typePublic
BSE: 539551
NSE: NH
ISININE410P01011
IndustryHealthcare
Founded2000; 24 years ago (2000)
FounderDevi Shetty
Headquarters
Bangalore
,
India
Number of locations
24 hospitals, 7 heart centres
Area served
India & Cayman Islands
Key people
Devi Shetty (Chairman)
Emmanuel Rupert (MD & Group CEO)[1]
Viren Shetty (Executive Vice Chairman)[2][3]
ProductsHospitals, Pharmacy, Diagnostic centres
RevenueIncrease ₹5,018 crore (US$590 million) (FY24)[4]
Increase ₹1,227 crore (US$140 million) (FY24)[4]
Increase ₹789 crore (US$92 million) (FY24)[4]
Number of employees
19,214 (2024)[4]
Websitewww.narayanahealth.org
Narayana Institute of Cardiac Sciences, Bangalore, India

Narayana Health (formerly known as Narayana Hrudyalaya) is an Indian for-profit private hospital network headquartered in Bangalore.[5] It was founded by Dr. Devi Shetty in the year 2000.[6][7][8]

Narayana Health operates several hospitals and heart centres across major Indian cities Bangalore, Delhi, Gurugram, Kolkata, Ahmedabad, Raipur, Jaipur, Mumbai, Mysore etc. with an international subsidiary in the Cayman Islands.[9] The facilities offer medical care in over 30 medical specialties and three of its hospitals – Narayana Institute of Cardiac Sciences, Bangalore, and Health City Cayman Islands – are JCI (Joint Commission International) accredited.[10][third-party source needed]

History

[edit]

Devi Shetty founded Narayana Hrudalaya (NH) in the year 2000 with a 280-bed heart hospital[11] in Bangalore.[12][13]

In 2013, Narayana Hrudyalaya officially changed its identity to Narayana Health.[14] Since 2014, the group operates Health City Cayman Islands in Grand Caymen. Emmanuel Rupert was made the MD & Group CEO in place of Ashutosh Raghuvansha following the latter's resignation in January 2019.[15][16] From 2016 onwards, NH has increased its presence in New Delhi, Gurgaon and Mumbai, by opening premium multi specialty hospitals, in order to boost margins.[16] In 2022, NH announced that it is looking to set up a 1000-bed advanced specialty hospital in Kolkata.[17]

An ambulance used by Narayana Health Hospitals
An ambulance used by Narayana Health Hospitals.

Listing

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Narayana Hrudyalaya was listed on the BSE and the NSE on 6 January 2016. Upon debut, the company was valued at over US$1 billion.[18]

Current facilities

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India

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North India

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West India

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South India

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East India

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Cayman Islands

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References

[edit]
  1. ^ "Narayana Hrudayalaya appoints new CEO, Viren Shetty is new Group COO". The Economic Times.
  2. ^ "How is Viren Shetty taking Narayana Health biz close to US shores?". Business Standard.
  3. ^ "I did not want to pursue medicine: Narayana Health COO Viren Shetty". The New Indian Express. 16 December 2021. Retrieved 4 July 2023.
  4. ^ a b c d "Earnings Update Q4 FY24 and FY24" (PDF). Narayana Health. Retrieved 13 June 2024.
  5. ^ "Narayana Health: Providing World-class Treatment to the Poor | Forbes India". Forbes India. Retrieved 13 September 2018.
  6. ^ "D A I J I W O R L D". daijiworld.com. Retrieved 13 September 2018.
  7. ^ "Entrepreneurial Hospital Pioneers New Model". HBS Working Knowledge. 24 January 2005. Retrieved 13 September 2018.
  8. ^ indiainfoline.com. "26 Heart Transplants and going strong". Retrieved 13 September 2018.
  9. ^ Ramanathan, Arundhati (1 June 2016). "Kiran Mazumdar-Shaw becomes second Indian to take the Giving Pledge". Mint. Retrieved 13 September 2018.
  10. ^ "Health City Cayman Islands Awarded JCI Accreditation" (Press release). PR Newswire. Retrieved 13 September 2018.
  11. ^ "Biggest Innovations: Narayana Health has successfully married affordability, quality health care". businesstoday.in. 9 May 2014. Retrieved 18 November 2020.
  12. ^ "Boom time for medicare". The Hindu. 30 April 2006. ISSN 0971-751X. Retrieved 13 September 2018.
  13. ^ "Devi Shetty's Narayana Healthcare: Men behind success of his low-cost hospitals". The Economic Times. Retrieved 13 September 2018.
  14. ^ "Narayana Hrudayalaya History | Narayana Hrudayalaya Information – The Economic Times". The Economic Times. Retrieved 13 September 2018.
  15. ^ "Narayana Hrudayalaya appoints new CEO, Viren Shetty is new Group COO". The Economic Times. Retrieved 12 November 2020.
  16. ^ a b Samuel, Joe V (31 March 2021). "Retail Equity Research (South India Focus): Narayana Health Ltd" (PDF). Business Standard. Geojit. Retrieved 27 April 2022.
  17. ^ Medical Dialogues Bureau (22 April 2022). "Narayana Health founder Devi Shetty reveals plan to launch 1000 bedded Super specialty hospital in Kolkata". medicaldialogues.in. Retrieved 27 April 2022.
  18. ^ "Narayana Hrudayalaya's market cap crosses $1 billion on market debut – Forbes India". Forbes India.
  19. ^ "Narayana Health buys Westbank Hospital". The Times of India. Retrieved 13 September 2018.
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