Fortis Healthcare
 | This article reads like a press release or a news article and may be largely based on routine coverage. (November 2017) |
| File:Fortis logo.jpg | |
| Company type | Public BSE: 532843, NSE: FORTIS |
|---|---|
| Industry | Health Care |
| Founded | 2001[1] |
| Founder | Malvinder Mohan Singh |
| Headquarters | , |
Area served | India, Singapore, Malaysia, UAE, Vietnam, Australia, Hongkong |
| Revenue | ₹4,573.7 crore (US$550 million) (2017)[2] |
| Owner | Malvinder Mohan Singh |
Number of employees | 50,000 (2017)[3] |
| Website | www |
Fortis Healthcare Limited is a chain of specialist 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 the 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 the 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 the only minority 26% stakeholders in the company.
The Supreme Court has refused to allow banks to sell Fortis HealthcareBSE 0.20 % Ltd shares pledged to them until arguments on Daiichi Sankyo’s petition to block the sale of the shares in the hospital group are heard. The decision is expected to delay the banks from recovering their incestments from Fortis promoters Malvinder and Shivinder Singh.
Expansion and network
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 include Fortis Memorial Research Institute.
References
http://www.bbc.co.uk/news/world-asia-india-42062222
- ^ Travel and health in India. "Fortis: medical health tourism service provider". Indiaheals.com. Archived from the original on 11 January 2007. Retrieved 25 July 2010.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "Fortis Healthcare Yearly Results". www.moneycontrol.com. Retrieved 22 August 2017.
- ^ https://www.linkedin.com/company/fortis-healthcare?trk=extra_biz_viewers_viewed
- ^ Network of hospitals; Fortis Healthcare
- ^ "An Uncommon Deal Battle Ends". The Wall Street Journal. 27 July 2010.
- ^ "Fortis Healthcare Q4 net up 41% at Rs41.54 cr". Times of India. 29 May 2012.
- ^ "Fortis Healthcare to introduce two new medical facilities in Bangalore". The Economic Times. 25 March 2014.
External links
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