Fortis Hospitals Success Journey

  • 1
  • 0
/files/a101bce9.jpg

 Fortis Hospitals has a remarkable success story, marked by several achievements and milestones. Here's a glimpse into their journey:

Key Achievements

- 12 Lacs+ Patients Treated: Fortis Hospitals has successfully treated over 1.2 million patients, showcasing their commitment to providing quality healthcare. - 14,000+ Successful Knee Replacement Surgeries: Their orthopedics department has performed over 14,000 successful knee replacement surgeries, demonstrating their expertise in joint replacement procedures. - 10,000+ Successful Neurosurgeries: Fortis Hospitals' neurosciences department has successfully performed over 10,000 neurosurgeries, highlighting their proficiency in complex brain and spine surgeries. - 3000+ Successful Liver & Kidney Transplants: Their organ transplant program has successfully conducted over 3,000 liver and kidney transplants, showcasing their expertise in this field. - 10,000+ Cardiac Procedures: Fortis Hospitals' cardiac sciences department has performed over 10,000 cardiac procedures, demonstrating their commitment to providing excellent cardiac care ¹

 Awards and Recognition

- Winner of AHPI Awards 2024: Fortis Hospitals was awarded for "Excellence in Infection Control Practices" by the Association of Healthcare Providers (India). - Diamond Category Award for Brain Stroke Management: They received this award from the World Stroke Organization for their exceptional stroke management services. - Ranked Best Hospital in Noida: Fortis Hospitals was ranked the best hospital in Noida by The Hansa Week Magazine Survey for multiple years

¹. Controversies and Challenges Despite their successes, Fortis Hospitals has faced controversies, including allegations of fraud and accounting malfeasance against its promoters, the Singh brothers. The company has also faced challenges related to its acquisition by IHH Healthcare and subsequent forensic audits ².

 Fortis Healthcare was founded by Malvinder Mohan Singh and Shivinder Mohan Singh, two Indian businessmen. The hospital chain has grown to become one of the largest healthcare providers in India, with multiple locations across the country, including Fortis Hospital Mohali, which is a 400-bed multispecialty hospital accredited by Joint Commission International (JCI) and National Accreditation Board for Hospitals & Healthcare Providers (NABH). The Singh brothers played a significant role in expanding Fortis Healthcare's presence in India and internationally. However, I couldn't find the exact date or year of its founding in the provided search results ¹.

 Fortis Healthcare's net worth, also known as market capitalization, is approximately ₹501.71 billion (or ₹50,125 crore) as of April 21, 2025. This valuation is based on the company's stock price multiplied by the number of outstanding shares.

Here's a breakdown ¹ ²:

- Market Capitalization: ₹501.71 billion - Enterprise Value: ₹516.39 billion - Revenue: ₹75.61 billion - Price-to-Earnings (P/E) Ratio: 65.29 In the past year, Fortis Healthcare's market capitalization has increased by 60.83%, and over the past 18 years, it has grown at a compound annual growth rate of 18.82% ¹.

 Fortis Hospitals has multiple branches across India. Here's a list of some of their locations:

North India

- Delhi - Fortis Cancer Institute, Defence Colony - Fortis CDOC, Chirag Enclave - Fortis Escorts Heart Institute, Okhla Road - Fortis Flt. Lt. Rajan Dhall Hospital, Vasant Kunj - Fortis Hospital, Shalimar Bagh - Fortis La Femme, Greater Kailash II - Punjab - Fortis Escorts Hospital, Amritsar - Fortis Hospital, Ludhiana (including Fortis Hospital Mall Road) - Fortis Hospital, Mohali - Haryana - Fortis Memorial Research Institute, Gurgaon - Fortis Hospital, Manesar, Gurugram - Fortis Escorts Hospital, Faridabad - Rajasthan - Fortis Escorts Hospital, Jaipur - Uttar Pradesh - Fortis Hospital, Noida - Fortis Hospital, Greater Noida

East India

- West Bengal - Fortis Hospital & Kidney Institute, Gariahat, Kolkata - Fortis Hospital, Anandapur, Kolkata - Fortis Medical Centre, Kolkata (2/7, Sarat Bose Road)

South India

- Karnataka - Fortis Hospital BG Road, Bangalore - Fortis Hospital CG Road, Bangalore - Fortis Hospital, Rajajinagar, Bengaluru - Fortis Nagarbhavi, Bangalore - Fortis Hospital, Bannerghatta Road, Bangalore

West India

- Maharashtra - Fortis Hospital, Kalyan, Mumbai - Fortis Hospital, Mulund, Mumbai - Hiranandani Fortis Hospital, Vashi, Mumbai - S L Raheja Hospital, Mumbai ¹ ²