Narayana Health: Difference between revisions
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==History== |
==History== |
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Narayana Health Group was founded in the year 2000 by Dr. [[Devi Shetty]] and was established under the guidance of the Asian Heart Foundation. Today, it has 31 hospitals in 19 locations. Today, it runs 31 hospitals across 19 locations. 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> The hospital chain is currently run by Chairman, Dr. Devi Shetty and Vice Chairman, MD & Group CEO, A Raghuvanshi.<ref>http://economictimes.indiatimes.com/slideshows/corporate-industry/devi-shettys-narayana-healthcare-men-behind-success-of-his-low-cost-hospitals/slideshow/20240988.cms</ref> |
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The chain |
The multispecialty hospital chain houses 1500 full-time Doctors and 15,000 employees across the country. An average of 150 surgeries are performed on a daily basis and an average of 80,000 outpatients are recorded at the hospital facilities every month. |
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==Health City== |
==Health City== |
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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 |
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> |
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===Cardiac care=== |
===Cardiac care=== |
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=== Neurosciences === |
=== Neurosciences === |
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Their Neurosciences department comprises |
Their Neurosciences department comprises of ‘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> |
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===Oncology/cancer care=== |
===Oncology/cancer care=== |
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Mazumdar-Shaw Cancer Center, the oncology |
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> |
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===Organ transplant=== |
===Organ transplant=== |
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Their Bone Marrow Transplant (BMT) Unit is situated at |
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. |
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===Tele-medicine=== |
===Tele-medicine=== |
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==Listing== |
==Listing== |
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Narayana |
Narayana Hrudyalaya was listed on the BSE and the NSE on 6th of 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> |
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== Awards and Accolades == |
== Awards and Accolades == |
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'''2013''' |
'''2013''' |
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* "[[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> |
* "[[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> |
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* Porter Prize for Industry Architectural Shift (2013)<ref>http://www.porterprize.in/key-takeaways-2014/</ref> |
* Porter Prize for Industry Architectural Shift (2013)<ref>http://www.porterprize.in/key-takeaways-2014/</ref> |
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* '''Kolkata, Rotary Narayana Eye Hospital''': Rotary Narayanan Eye Hospital is a eye care unit of Narayana Health headquartered in Bangalore and is located in Kolkata, West Bengal. |
* '''Kolkata, Rotary Narayana Eye Hospital''': Rotary Narayanan Eye Hospital is a eye care unit of Narayana Health headquartered in Bangalore and is located in Kolkata, West Bengal. |
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* '''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. |
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* '''Kolkata, Rotary Narayana Multispecialty Hospital''': Rotary Narayana Multispecialty Hospital is a 33-bedded centre located in the city of Kolkata, West Bengal. |
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* '''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, Chunavati, Howrah''': A 150-bed facility, Narayana Multispecialty Hospital is located in the area of Chunavati, Howrah, Kolkata. |
Revision as of 13:45, 25 May 2016
Company type | Public |
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BSE: 539551 NSE: NH | |
Industry | Healthcare Services |
Founded | 2000 |
Headquarters | Bengaluru, India |
Key people | Dr. Devi Shetty, Chairman Dr. A Raghuvanshi, Vice Chairman, MD & Group CEO |
Services | Complete health care services |
Number of employees | 15,500 |
Website | www.narayanahealth.org |
Narayana Health (formerly known as Narayana Hrudyalaya) is a multi-specialty hospital chain in India, headquartered in Bengaluru.[1]
The organization bagged the "Good Company" award for its quality, affordability and scale of operations.[2] The business model of Narayana Health was also accorded a place in the Global Healthcare and Harvard Business School Case Study among other achievements.[3] [4] The hospital chain is one of the largest telemedicine networks in the world.[5]
History
Narayana Health Group was founded in the year 2000 by Dr. Devi Shetty and was established under the guidance of the Asian Heart Foundation. Today, it has 31 hospitals in 19 locations. Today, it runs 31 hospitals across 19 locations. In 2013, Narayana Hrudyalaya Pvt. Ltd. officially changed its identity to Narayana Health.[6][7] The hospital chain is currently run by Chairman, Dr. Devi Shetty and Vice Chairman, MD & Group CEO, A Raghuvanshi.[8]
The multispecialty hospital chain houses 1500 full-time Doctors and 15,000 employees across the country. An average of 150 surgeries are performed on a daily basis and an average of 80,000 outpatients are recorded at the hospital facilities every month.
Health City
The first health city was set up in the outskirts of Bangalore (now Bengaluru).[9] Spread over 25 acres (100,000 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.[9][10] 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.[11]
Cardiac care
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.[12] Their Bangalore cardiac unit (previously Narayana Hrudayalaya now Narayana Institute of Cardiac Sciences) is one of the world's largest heart hospitals.[13] 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.[14]
Neurosciences
Their Neurosciences department comprises of ‘Neurology’ and ‘Neurosurgery’. The department was commissioned in 2004 and is now available in seven facilities across six cities.[15][16]
Oncology/cancer care
Mazumdar-Shaw Cancer Center, the oncology division of Narayana Health, was established in 2009, at Bangalore.[17]
Organ transplant
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.
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.[18]
Listing
Narayana Hrudyalaya was listed on the BSE and the NSE on 6th of January, 2016. The stock values soared upon debut, valuing the company at over 1 Billion USD.[19]
Awards and Accolades
2013
- "Financial Times Arcelor Mittal Boldness in Business Awards 2013": Corporate Responsibility / Environment [20]
- Porter Prize for Industry Architectural Shift (2013)[21]
2012
- NH ranked 36th among 'World's 50 most Innovative Companies' by Fast Company (2012)[22]
- Frost and Sullivan India Healthcare Excellence Awards - Healthcare Provider Company of the Year (Revenue between INR 500-1000 Cr)[23]
- NH Bangalore receives FICCI Healthcare Excellence Award for Addressing Industry Issues (2012)[24]
2010
- Speciality Hospital by CNBC & ICICI Lombard Healhcare for the category - Commendation for driving affordable and quality healthcare for all[25]
Group Hospitals & Heart Centres
- Ahmedabad, Narayana Multispecialty Hospital: Narayana Multispecialty Hospital is a 140-bed hospital and an established healthcare provider in the region of Gujarat. [26]
- 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. [27]
- 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. [28]
- 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 a 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. [29]
External links
Notes
- ^ "Pulse On The Future". Online webpage of Businessworld. Retrieved 15 March 2012.
- ^ "Philanthropy Awards 2013". Online webpage of Forbes India. Retrieved 6 December 2013.
- ^ "Quality, affordability and scale in healthcare: learning from Narayana". Online webpage of The Health Foundation Inspiring Improvement. Retrieved 6 December 2013.
- ^ Tarun Khanna, V. Kasturi Rangan (22 June 2005). "Narayana Hrudyalaya". Hbswk.hbs.edu HBS Premier Case Collection. Retrieved 22 June 2005.
- ^ Nayantara Som. "A Whole New World". Online Webpage of the Express Healthcare Management. Indian Express Newspapers (Mumbai) Limited. Retrieved 13 June 2007.
- ^ http://www.narayanahealth.org/corporate-information
- ^ http://www.narayanahealth.org/evolution
- ^ http://economictimes.indiatimes.com/slideshows/corporate-industry/devi-shettys-narayana-healthcare-men-behind-success-of-his-low-cost-hospitals/slideshow/20240988.cms
- ^ a b "Devi P. Shetty, Narayana Hrudayalaya Institute of Medical Sciences". Online Webpage of the Schwab Foundation. Archived from the original on 27 September 2007. Retrieved 13 June 2007.
- ^ "Narayana Health, Bengaluru". Online Webpage of Narayana Health. Archived from the original on 3 June 2007. Retrieved 13 June 2007.
- ^ "Mazumdar-Shaw Cancer Centre at Narayana Health City opens largest bone marrow transplant unit". Online webpage of Pharmabiz News. Retrieved 6 August 2012.
- ^ http://www.daijiworld.com/chan/interviews_view.asp?i_id=34
- ^ http://hbswk.hbs.edu/item/4585.html
- ^ http://www.thehindu.com/todays-paper/tp-features/tp-sundaymagazine/article3232025.ece
- ^ http://www.narayanahealth.org/specialities/neurology
- ^ http://www.narayanahealth.org/specialities/neurosurgery
- ^ http://www.narayanahealth.org/patients/specialities/oncology
- ^ http://www.frontline.in/enwiki/static/html/fl2016/stories/20030815005411400.htm
- ^ http://forbesindia.com/article/special/narayana-hrudayalayas-market-cap-crosses-$1-billion-on-market-debut/41853/1
- ^ http://aboutus.ft.com/2013/03/20/ft-and-arcelormittal-recognise-business-innovators-of-2013/#axzz3PXoDkMKv
- ^ http://www.porterprize.in/key-takeaways-2014/
- ^ http://www.fastcompany.com/3017477/most-innovative-companies-2012/36narayana-hrudayalaya-hospitals
- ^ http://pharmabiz.com/NewsDetails.aspx?aid=71324&sid=2
- ^ http://pharmabiz.com/NewsDetails.aspx?aid=70906&sid=2
- ^ http://www.business-standard.com/article/press-releases/icici-lombard-cnbc-tv18-announce-winners-of-healthcare-awards-110122200117_1.html
- ^ http://timesofindia.indiatimes.com/city/kolkata/Narayana-Health-buys-Westbank-Hospital/articleshow/45264317.cms.
{{cite web}}
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