Fortis Healthcare - Revision history

Ajay Kumar: Reverted edits by Srinjoy N (talk) to last revision by Bot

2023-08-31T12:50:02Z

Reverted edits by Srinjoy N (talk) to last revision by Bot

← Older revision		Revision as of 18:20, 31 August 2023
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	The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>		The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>

	Apart from ~~[https://www.clinicspots.com/hospital/fortis-escorts-and-heart-institute~~ Fortis Escorts Okhla], & ~~[https://www.clinicspots.com/hospital/fortis-memorial-research-institute~~ FMRI], Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>		Apart from Fortis Escorts Okhla, & FMRI, Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>

	Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>		Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>

Srinjoy N at 09:30, 31 August 2023

2023-08-31T09:30:37Z

← Older revision		Revision as of 15:00, 31 August 2023
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	The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>		The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>

	Apart from Fortis Escorts Okhla, & FMRI, Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>		Apart from [https://www.clinicspots.com/hospital/fortis-escorts-and-heart-institute Fortis Escorts Okhla], & [https://www.clinicspots.com/hospital/fortis-memorial-research-institute FMRI], Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>

	Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>		Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>

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	{{Short description\|Indian multinational chain of private hospitals~~}}{{pp-semi-indef\|small=yes~~}}		{{Short description\|Indian multinational chain of private hospitals}}
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UpdateBot: robot: Update article (please report if you notice any mistake or error in this edit)

2022-03-18T05:06:32Z

robot: Update article (please report if you notice any mistake or error in this edit)

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	{{Short description\|Indian multinational chain of private hospitals}}{{cleanup-PR\|1=article\|date=November 2017}}		{{Short description\|Indian multinational chain of private hospitals}}{{pp-semi-indef\|small=yes}}
			{{Multiple issues\|
			{{cleanup-PR\|1=article\|date=November 2017}}
			{{COI\|date=September 2021}}
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	{{Use British English\|date=March 2013}}		{{Use British English\|date=March 2013}}
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	\| successor =		\| successor =
	\| foundation = {{start date and age\|df=yes\|1996}}		\| foundation = {{start date and age\|df=yes\|1996}}
	~~\| founders = [[Shivinder Mohan Singh]]<br />[[Malvinder Mohan Singh]]~~
	\| defunct =		\| defunct =
	\| location_city = [[Gurgaon]]		\| location_city = [[Gurgaon]]
	\| locations =		\| locations =
	\| area_served = ~~World Wide~~		\| area_served = Worldwide
	\| key_people = ~~Avijeet Bhujabal~~ (Chairman)<ref>{{cite ~~web~~\|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/fortis-healthcare-appoints-dr-ashutosh-raghuvanshi-as-its-new-ceo/articleshow/67885367.cms\|title=Fortis Healthcare appoints Ashutosh Raghuvanshi as CEO\|publisher=economictimes.indiatimes.com \|access-date=2019-02-07}}</ref>		\| key_people = Ravi Rajagopal {{small\|(Chairman)}}<ref>{{cite news\|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/fortis-healthcare-appoints-dr-ashutosh-raghuvanshi-as-its-new-ceo/articleshow/67885367.cms\|title=Fortis Healthcare appoints Ashutosh Raghuvanshi as CEO\|newspaper=The Economic Times\|publisher=economictimes.indiatimes.com \|access-date=2019-02-07}}</ref>
	\| industry = [[Healthcare]]		\| industry = [[Healthcare]]
	\| products = [[Hospitals]], [[Pharmacy]], [[Medical diagnosis\|Diagnostic centre]]s		\| products = [[Hospitals]], [[Pharmacy]], [[Medical diagnosis\|Diagnostic centre]]s
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	\| assets =		\| assets =
	\| equity =		\| equity =
	\| num_employees = 95,~~582~~ (2020)<ref name="Financials"/>		\| num_employees = 23,000 (2020)<ref name="Financials"/>
	\| parent = [[IHH Healthcare]] (31.1%)		\| parent = [[IHH Healthcare]] (31.1%)
	\| divisions =		\| divisions =
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	}}		}}

	'''Fortis Healthcare Limited''' ('''FHL''') is an [[India\|Indian multinational]] chain of private hospitals headquartered in [[India]]. Fortis started its health care operations from [[Mohali]] where first Fortis hospital was started. Later on, the hospital chain purchased the healthcare branch of [[Escorts Group\|Escorts group]] and increased its strength in various parts of the country. The Escorts Heart and research Center, Okhla,<ref>{{Cite web\|url=https://www.indheal.com/hospitals/fortis-escorts\|title=Fortis Escorts\|url-status=live}}</ref> [[Delhi]] became a major operating unit of the chain ~~which was headed by [[Naresh Trehan]] until he started his own chain of hospitals by the name [[Medanta]]~~. ~~The FMRI hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime~~.~~com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is~~ the ~~headquarter~~ of ~~Fortis healthcare with all the major facilities at the hospital. Currently, the company operates its healthcare delivery services in India,~~ [[~~Dubai~~]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933</ref>Currently owned by Mr.Avijeet Bhujabal which had been acquired by him in 2021.		'''Fortis Healthcare Limited''' ('''FHL''') is an [[India\|Indian multinational]] chain of private hospitals headquartered in [[India]]. Fortis started its health care operations from [[Mohali]] where first Fortis hospital was started. Later on, the hospital chain purchased the healthcare branch of [[Escorts Group\|Escorts group]] and increased its strength in various parts of the country. The Escorts Heart and research Center, Okhla,<ref>{{Cite web\|url=https://www.indheal.com/hospitals/fortis-escorts\|title=Fortis Escorts\|url-status=live}}</ref> [[Delhi]] became a major operating unit of the chain. Dr. Tehran, the current MD of [[Medanta]] and several others have started their career from this institute.

	Fortis ~~Healthcare was initially founded by~~ [[~~Shivinder Mohan Singh~~]] ~~and [[Malvinder Mohan Singh]] before~~ the ~~controversies~~ and ~~transferring~~ of ~~controlling share to [[Malaysia]]'s [[IHH Healthcare]].Now this largest~~ healthcare ~~unit is acquired by Mr~~.~~Avijeet Bhujabal founder of~~ the ~~Next Billion Technology Pvt~~.~~Ltd~~ in ~~2021 with a whooping amount of US$300 Million~~.		The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>

	Malaysia's [[IHH Healthcare]] ~~Bhd~~ became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>		Apart from Fortis Escorts Okhla, & FMRI, Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>

			Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>

	== Other information ==		== Other information ==
	In 2018, Manipal Hospitals and [[TPG Capital]] acquired Fortis Healthcare Limited as part of a deal for {{INR}} 39,000 million.<ref>{{cite ~~web~~ \|title=Fortis Healthcare Ltd. \|url=https://www.business-standard.com/company/fortis-health-24049/information/company-history \|~~website~~=Business Standard}}</ref><ref>{{cite web \|last1=Sen \|first1=Amiti \|title=Manipal Hospitals buys Fortis hospitals biz \|url=https://www.thehindubusinessline.com/companies/manipal-hospitals-buys-fortis-hospitals-biz/article23370334.ece \|website=@businessline \|language=en}}</ref><ref>{{cite web \|title=TPG-backed Manipal acquires Fortis Health, SRL Diagnostics – Times of India ► \|url=https://timesofindia.indiatimes.com/business/india-business/tpg-backed-manipal-acquires-fortis-health-srl-diagnostics/articleshow/63495248.cms \|website=The Times of India}}</ref> In 2019, Fortis Healthcare announced that it had completed the acquisition of RHT Health Trust (RHT) assets for an enterprise value of {{INR}} 46,500 million.<ref>{{cite news\|url=https://business.medicaldialogues.in/fortis-completes-acquisition-of-rht-assets-at-enterprise-value-of-rs-4650-crore/\|title= Fortis completes acquisition of RHT assets at enterprise value of Rs 4650 crore\|date=17 January 2019\|work=Medical Dialogues}}</ref><ref>{{cite news\|url=https://www.credihealth.com/hospital/fortis-memorial-research-institute-gurgaon/overview\|title= Fortis Hospital Gurgaon\|date=25 March 2019\|work= Full Details Information}}</ref> In the same financial year, Fortis reported a consolidated net profit of {{INR}} 780.10 million for the quarter ended 30 June.<ref>{{cite news\|url=https://business.medicaldialogues.in/fortis-healthcare-reports-profit-of-rs-78-crore-for-june-quarter/\|title= Fortis Healthcare reports profit of Rs 78 crore for June quarter\|date=7 August 2019\|work=Medical Dialogues}}</ref>		In 2018, Manipal Hospitals and [[TPG Capital]] acquired Fortis Healthcare Limited as part of a deal for {{INR}} 39,000 million.<ref>{{cite news \|title=Fortis Healthcare Ltd. \|url=https://www.business-standard.com/company/fortis-health-24049/information/company-history \|newspaper=Business Standard India}}</ref><ref>{{cite web \|last1=Sen \|first1=Amiti \|title=Manipal Hospitals buys Fortis hospitals biz \|url=https://www.thehindubusinessline.com/companies/manipal-hospitals-buys-fortis-hospitals-biz/article23370334.ece \|website=@businessline \|language=en}}</ref><ref>{{cite web \|title=TPG-backed Manipal acquires Fortis Health, SRL Diagnostics – Times of India ► \|url=https://timesofindia.indiatimes.com/business/india-business/tpg-backed-manipal-acquires-fortis-health-srl-diagnostics/articleshow/63495248.cms \|website=The Times of India}}</ref> In 2019, Fortis Healthcare announced that it had completed the acquisition of RHT Health Trust (RHT) assets for an enterprise value of {{INR}} 46,500 million.<ref>{{cite news\|url=https://business.medicaldialogues.in/fortis-completes-acquisition-of-rht-assets-at-enterprise-value-of-rs-4650-crore/\|title= Fortis completes acquisition of RHT assets at enterprise value of Rs 4650 crore\|date=17 January 2019\|work=Medical Dialogues}}</ref><ref>{{cite news\|url=https://www.credihealth.com/hospital/fortis-memorial-research-institute-gurgaon/overview\|title= Fortis Hospital Gurgaon\|date=25 March 2019\|work= Full Details Information}}</ref> In the same financial year, Fortis reported a consolidated net profit of {{INR}} 780.10 million for the quarter ended 30 June.<ref>{{cite news\|url=https://business.medicaldialogues.in/fortis-healthcare-reports-profit-of-rs-78-crore-for-june-quarter/\|title= Fortis Healthcare reports profit of Rs 78 crore for June quarter\|date=7 August 2019\|work=Medical Dialogues}}</ref>

	Fortis is also a component of the S&P BSE 500.		Fortis is also a component of the S&P BSE 500.
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			[[Category:Companies listed on the National Stock Exchange of India]]
			[[Category:Companies listed on the Bombay Stock Exchange]]

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>Ankush M. Nahata at 05:48, 8 July 2021

2021-07-08T05:48:19Z

← Older revision		Revision as of 11:18, 8 July 2021
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	{{cleanup-PR\|1=article\|date=November 2017}}		{{Short description\|Indian multinational chain of private hospitals}}{{cleanup-PR\|1=article\|date=November 2017}}
	{{Use British English\|date=March 2013}}		{{Use British English\|date=March 2013}}
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	\| location_city = [[Gurgaon]]		\| location_city = [[Gurgaon]]
	\| locations =		\| locations =
	\| area_served = ~~Asia~~		\| area_served = World Wide
	\| key_people = ~~Ashutosh Raghuvanshi~~ (~~CEO~~)<ref>{{cite web\|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/fortis-healthcare-appoints-dr-ashutosh-raghuvanshi-as-its-new-ceo/articleshow/67885367.cms\|title=Fortis Healthcare appoints Ashutosh Raghuvanshi as CEO\|publisher=economictimes.indiatimes.com \|access-date=2019-02-07}}</ref>		\| key_people = Avijeet Bhujabal (Chairman)<ref>{{cite web\|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/fortis-healthcare-appoints-dr-ashutosh-raghuvanshi-as-its-new-ceo/articleshow/67885367.cms\|title=Fortis Healthcare appoints Ashutosh Raghuvanshi as CEO\|publisher=economictimes.indiatimes.com \|access-date=2019-02-07}}</ref>
	\| industry = [[Healthcare]]		\| industry = [[Healthcare]]
	\| products = [[Hospitals]], [[Pharmacy]], [[Medical diagnosis\|Diagnostic centre]]s		\| products = [[Hospitals]], [[Pharmacy]], [[Medical diagnosis\|Diagnostic centre]]s
	\| services =		\| services =
	\| revenue = {{INRConvert\|~~4684~~\|c}} (2020)<ref name="Financials">{{cite web\|url=https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/fortishealthcare/FH\|title=Fortis Healthcare Ltd. Financial Statements \|website=moneycontrol.com}}</ref>		\| revenue = {{INRConvert\|193585\|c}} (2020)<ref name="Financials">{{cite web\|url=https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/fortishealthcare/FH\|title=Fortis Healthcare Ltd. Financial Statements \|website=moneycontrol.com}}</ref>
	\| operating_income = {{INRConvert\|~~432~~\|c}} (2020)<ref name="Financials"/>		\| operating_income = {{INRConvert\|4325\|c}} (2020)<ref name="Financials"/>
	\| net_income = {{INRConvert\|79\|c}} (2020)<ref name="Financials"/>		\| net_income = {{INRConvert\|7889\|c}} (2020)<ref name="Financials"/>
	\| assets =		\| assets =
	\| equity =		\| equity =
	\| num_employees = 15,582 (2020)<ref name="Financials"/>		\| num_employees = 95,582 (2020)<ref name="Financials"/>
	\| parent = [[IHH Healthcare]]		\| parent = [[IHH Healthcare]] (31.1%)
	\| divisions =		\| divisions =
	\| subsid =		\| subsid =
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	}}		}}

	'''Fortis Healthcare Limited''' ('''FHL''') is a chain of private hospitals headquartered in [[India]]. Fortis started its health care operations from [[Mohali]] where first Fortis hospital was started. Later on, the hospital chain purchased the healthcare branch of [[Escorts Group\|Escorts group]] and increased its strength in various parts of the country. The Escorts Heart and research Center, Okhla,<ref>{{Cite web\|url=https://www.indheal.com/hospitals/fortis-escorts\|title=Fortis Escorts\|url-status=live}}</ref> [[Delhi]] became a major operating unit of the chain which was headed by [[Naresh Trehan]] until he started his own chain of hospitals by the name [[Medanta]]. The FMRI hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter of Fortis healthcare with all the major facilities at the hospital. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933</ref>		'''Fortis Healthcare Limited''' ('''FHL''') is an [[India\|Indian multinational]] chain of private hospitals headquartered in [[India]]. Fortis started its health care operations from [[Mohali]] where first Fortis hospital was started. Later on, the hospital chain purchased the healthcare branch of [[Escorts Group\|Escorts group]] and increased its strength in various parts of the country. The Escorts Heart and research Center, Okhla,<ref>{{Cite web\|url=https://www.indheal.com/hospitals/fortis-escorts\|title=Fortis Escorts\|url-status=live}}</ref> [[Delhi]] became a major operating unit of the chain which was headed by [[Naresh Trehan]] until he started his own chain of hospitals by the name [[Medanta]]. The FMRI hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter of Fortis healthcare with all the major facilities at the hospital. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933</ref>Currently owned by Mr.Avijeet Bhujabal which had been acquired by him in 2021.

	Fortis Healthcare was initially founded by [[Shivinder Mohan Singh]] and [[Malvinder Mohan Singh]] before the controversies and transferring of controlling share to [[Malaysia]]'s [[IHH Healthcare]].		Fortis Healthcare was initially founded by [[Shivinder Mohan Singh]] and [[Malvinder Mohan Singh]] before the controversies and transferring of controlling share to [[Malaysia]]'s [[IHH Healthcare]].Now this largest healthcare unit is acquired by Mr.Avijeet Bhujabal founder of the Next Billion Technology Pvt.Ltd in 2021 with a whooping amount of US$300 Million.

	Malaysia's [[IHH Healthcare]] Bhd became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>		Malaysia's [[IHH Healthcare]] Bhd became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>
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{{cleanup-PR|1=article|date=November 2017}}
{{Use British English|date=March 2013}}
{{Use dmy dates|date=October 2020}}

{{Infobox company
| name = Fortis Healthcare Limited
| logo = Fortis_Healthcare_logo.svg
| type = [[Public company|Public]]
| traded_as = {{BSE|532843}}<br />{{NSE|FORTIS}}
| genre =
| fate =
| successor =
| foundation = {{start date and age|df=yes|1996}}
| founders = [[Shivinder Mohan Singh]]<br />[[Malvinder Mohan Singh]]
| defunct =
| location_city = [[Gurgaon]]
| locations =
| area_served = Asia
| key_people = Ashutosh Raghuvanshi (CEO)<ref>{{cite web|url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/fortis-healthcare-appoints-dr-ashutosh-raghuvanshi-as-its-new-ceo/articleshow/67885367.cms|title=Fortis Healthcare appoints Ashutosh Raghuvanshi as CEO|publisher=economictimes.indiatimes.com |access-date=2019-02-07}}</ref>
| industry = [[Healthcare]]
| products = [[Hospitals]], [[Pharmacy]], [[Medical diagnosis|Diagnostic centre]]s
| services =
| revenue = {{INRConvert|4684|c}} (2020)<ref name="Financials">{{cite web|url=https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/fortishealthcare/FH|title=Fortis Healthcare Ltd. Financial Statements |website=moneycontrol.com}}</ref>
| operating_income = {{INRConvert|432|c}} (2020)<ref name="Financials"/>
| net_income = {{INRConvert|79|c}} (2020)<ref name="Financials"/>
| assets =
| equity =
| num_employees = 15,582 (2020)<ref name="Financials"/>
| parent = [[IHH Healthcare]]
| divisions =
| subsid =
| footnotes =
| intl =
| location_country = [[India]]
| homepage = {{url|http://www.fortishealthcare.com}}
}}

'''Fortis Healthcare Limited''' ('''FHL''') is a chain of private hospitals headquartered in [[India]]. Fortis started its health care operations from [[Mohali]] where first Fortis hospital was started. Later on, the hospital chain purchased the healthcare branch of [[Escorts Group|Escorts group]] and increased its strength in various parts of the country. The Escorts Heart and research Center, Okhla,<ref>{{Cite web|url=https://www.indheal.com/hospitals/fortis-escorts|title=Fortis Escorts|url-status=live}}</ref> [[Delhi]] became a major operating unit of the chain which was headed by [[Naresh Trehan]] until he started his own chain of hospitals by the name [[Medanta]]. The FMRI hospital at [[Gurgaon]]<ref>{{Cite web|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp|title=Fortis Hospital Gurgaon has 1000 beds|website=docprime|url-status=live|access-date=2019-11-14}}</ref> is the headquarter of Fortis healthcare with all the major facilities at the hospital. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web|url=https://www.fortishealthcare.com/about-us|title=Fortis Healthcare – About Us|url-status=live}}</ref><ref>https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933</ref>

Fortis Healthcare was initially founded by [[Shivinder Mohan Singh]] and [[Malvinder Mohan Singh]] before the controversies and transferring of controlling share to [[Malaysia]]'s [[IHH Healthcare]].

Malaysia's [[IHH Healthcare]] Bhd became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html | title=IHH Healthcare completes Fortis deal by acquiring 31% stake | date=14 Nov 2018|newspaper=[[Live Mint]]}}</ref><ref>{{cite news|title=Fortis Hospital Noida |url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors|date=26 March 2019 |work=Full Details Information}}</ref>

== Other information ==
In 2018, Manipal Hospitals and [[TPG Capital]] acquired Fortis Healthcare Limited as part of a deal for {{INR}} 39,000 million.<ref>{{cite web |title=Fortis Healthcare Ltd. |url=https://www.business-standard.com/company/fortis-health-24049/information/company-history |website=Business Standard}}</ref><ref>{{cite web |last1=Sen |first1=Amiti |title=Manipal Hospitals buys Fortis hospitals biz |url=https://www.thehindubusinessline.com/companies/manipal-hospitals-buys-fortis-hospitals-biz/article23370334.ece |website=@businessline |language=en}}</ref><ref>{{cite web |title=TPG-backed Manipal acquires Fortis Health, SRL Diagnostics – Times of India ► |url=https://timesofindia.indiatimes.com/business/india-business/tpg-backed-manipal-acquires-fortis-health-srl-diagnostics/articleshow/63495248.cms |website=The Times of India}}</ref> In 2019, Fortis Healthcare announced that it had completed the acquisition of RHT Health Trust (RHT) assets for an enterprise value of {{INR}} 46,500 million.<ref>{{cite news|url=https://business.medicaldialogues.in/fortis-completes-acquisition-of-rht-assets-at-enterprise-value-of-rs-4650-crore/|title= Fortis completes acquisition of RHT assets at enterprise value of Rs 4650 crore|date=17 January 2019|work=Medical Dialogues}}</ref><ref>{{cite news|url=https://www.credihealth.com/hospital/fortis-memorial-research-institute-gurgaon/overview|title= Fortis Hospital Gurgaon|date=25 March 2019|work= Full Details Information}}</ref> In the same financial year, Fortis reported a consolidated net profit of {{INR}} 780.10 million for the quarter ended 30 June.<ref>{{cite news|url=https://business.medicaldialogues.in/fortis-healthcare-reports-profit-of-rs-78-crore-for-june-quarter/|title= Fortis Healthcare reports profit of Rs 78 crore for June quarter|date=7 August 2019|work=Medical Dialogues}}</ref>

Fortis is also a component of the S&P BSE 500.

==See also==
* [[Healthcare in India]]
* [[Manipal Hospitals India]]
* [[Medanta]]

== References ==
{{Reflist}}

== External links ==
* {{Official website|http://www.fortishealthcare.com/}}

{{Nifty 200 companies}}
{{Authority control}}

{{coord missing|Delhi}}

[[Category:Hospitals in Haryana]]
[[Category:Hospital networks in India]]
[[Category:2018 mergers and acquisitions]]
[[Category:Hospitals in Chennai]]
[[Category:1996 establishments in Tamil Nadu]]
[[Category:Indian companies established in 1996]]

{{India-company-stub}}

← Older revision		Revision as of 18:20, 31 August 2023
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	The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>		The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>

	Apart from ~~[https://www.clinicspots.com/hospital/fortis-escorts-and-heart-institute~~ Fortis Escorts Okhla], & ~~[https://www.clinicspots.com/hospital/fortis-memorial-research-institute~~ FMRI], Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>		Apart from Fortis Escorts Okhla, & FMRI, Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>

	Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>		Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>

← Older revision		Revision as of 15:00, 31 August 2023
Line 43:		Line 43:
	The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>		The Fortis Memorial research Institute (FMRI) hospital at [[Gurgaon]]<ref>{{Cite web\|url=https://docprime.com/fortis-memorial-research-institute-gurgaon-sector-44-hpp\|title=Fortis Hospital Gurgaon has 1000 beds\|website=docprime\|url-status=live\|access-date=2019-11-14}}</ref> is the headquarter and flagship hospital of Fortis healthcare with all the major facilities at the hospital. It was named as 23rd smart hospital in the world for the year 2021.<ref>{{Cite web \|title=Fortis Memorial Research Institute bags recognition as smart hospital \|url=https://www.biospectrumindia.com/news/16/18848/fortis-memorial-research-institute-bags-recognition-as-smart-hospital.html \|access-date=2022-03-16 \|website=www.biospectrumindia.com \|language=en}}</ref> FMRI was also named as 22nd best hospital in the country for the year 2022 by Newsweek.<ref>{{Cite web \|last=Newsweek \|date=2022-03-02 \|title=World's Best Hospitals 2022 - India \|url=https://www.newsweek.com/worlds-best-hospitals-2022/india \|access-date=2022-03-16 \|website=Newsweek \|language=en}}</ref>

	Apart from Fortis Escorts Okhla, & FMRI, Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>		Apart from [https://www.clinicspots.com/hospital/fortis-escorts-and-heart-institute Fortis Escorts Okhla], & [https://www.clinicspots.com/hospital/fortis-memorial-research-institute FMRI], Fortis healthcare has other units in Delhi NCR as well which includes Fortis Hospital [[Faridabad]], [[Noida]], [[Vasant Kunj]], [[Shalimar Bagh (Delhi)]] and at several other places in the country. Currently, the company operates its healthcare delivery services in India, [[Dubai]] and [[Sri Lanka]] with 36 healthcare facilities.<ref>{{Cite web\|url=https://www.fortishealthcare.com/about-us\|title=Fortis Healthcare – About Us\|url-status=live}}</ref><ref>{{Cite web\|url=https://www.zaubacorp.com/company/FORTIS-HEALTHCARE-LIMITED/L85110PB1996PLC045933\|title=FORTIS HEALTHCARE LIMITED - Company, directors and contact details \| Zauba Corp}}</ref>

	Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>		Malaysia's [[IHH Healthcare]] became the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in a meeting held at Mohali. The board approved the allotment of over 230 million shares through preferential issue to Northern TK Venture Pte Ltd, a wholly owned indirect subsidiary of IHH Healthcare, at ₹170 per share of ₹10 face value.<ref>{{cite news\| url=https://www.livemint.com/Companies/n5hz8EnQh6C9rcD5JvVZYM/IHH-acquires-controlling-311-stake-in-Fortis-for-Rs-4000.html \| title=IHH Healthcare completes Fortis deal by acquiring 31% stake \| date=14 Nov 2018\|newspaper=[[Live Mint]]}}</ref><ref>{{cite news\|title=Fortis Hospital Noida \|url=https://www.credihealth.com/hospital/fortis-hospital-noida/doctors\|date=26 March 2019 \|work=Full Details Information}}</ref>