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| logo_caption = | | logo_caption = | ||
| logo_padding = | | logo_padding = | ||
| image = | | image = | ||
| image_caption = Apollo Hospitals at MRC Nagar, Chennai | | image_caption = Apollo Hospitals at MRC Nagar, Chennai | ||
| type = [[Public company|Public]] | | type = [[Public company|Public]] | ||
| traded_as = {{BSE|508869}} | | traded_as = {{Unbulleted list|{{BSE|508869}}|{{NSE|APOLLOHOSP}}|[[NIFTY 50|NSE NIFTY 50 Constituent]]}} | ||
| ISIN = INE437A01024 | | ISIN = INE437A01024 | ||
| successor = <!-- or: | successors = --> | | successor = <!-- or: | successors = --> | ||
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| defunct = <!-- {{end date|YYYY|MM|DD}} --> | | defunct = <!-- {{end date|YYYY|MM|DD}} --> | ||
| fate = | | fate = | ||
| hq_location = [[Chennai, Tamil Nadu]] | | hq_location = [[Chennai]], [[Tamil Nadu]] | ||
| hq_location_city = | | hq_location_city = | ||
| hq_location_country = | | hq_location_country = India | ||
| num_locations = | | num_locations = | ||
| key_people = {{ubl | | key_people = {{ubl | ||
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| [[Shobana Kamineni]] (Executive Vice Chairperson) | | [[Shobana Kamineni]] (Executive Vice Chairperson) | ||
| Suneeta Reddy (Managing Director) | | Suneeta Reddy (Managing Director) | ||
| [[Sangita Reddy]] (Joint Managing Director)<ref name="Apollo_01">https://www.apollohospitals.com/corporate/apollo-management</ref> | | [[Sangita Reddy]] (Joint Managing Director)<ref name="Apollo_01">{{Cite web|url=https://www.apollohospitals.com/corporate/apollo-management|title = Our Experienced Management Team - Apollo Hospitals Group}}</ref> | ||
}} | }} | ||
| num_locations_year = <!-- Year of num_locations data (when known) --> | | num_locations_year = <!-- Year of num_locations data (when known) --> | ||
| industry = [[Healthcare]] | | industry = [[Healthcare]] | ||
| products = [[Hospitals]], [[pharmacy]], [[Medical diagnosis|diagnostic centres]] | | products = [[Hospitals]], [[pharmacy]], [[Medical diagnosis|diagnostic centres]], [[home care]] | ||
| services = | | services = | ||
| revenue = {{increase}} {{INRConvert|11273|c}} (2020)<ref name="Financials">{{cite web|url=https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/apollohospitalsenterprises/AHE|title=Apollo Hospitals Enterprise Ltd. Financial Statements |website=moneycontrol.com}}</ref> | | revenue = {{increase}} {{INRConvert|11273|c}} (2020)<ref name="Financials">{{cite web|url=https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/apollohospitalsenterprises/AHE|title=Apollo Hospitals Enterprise Ltd. Financial Statements |website=moneycontrol.com}}</ref> | ||
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}} | }} | ||
''' | '''Apollo Hospitals Enterprise Limited''' is an Indian multinational [[healthcare]] group headquartered in [[Chennai]]. Apart from the eponymous [[List of hospitals in India|hospital chain]], the company also operates [[pharmacy|pharmacies]], [[primary care]] and [[diagnosis|diagnostic]] centres, and [[telehealth]] clinics through its subsidiaries.<ref>{{cite news |last1=Somvanshi |first1=Kiran Kabtta |title=Apollo Hospitals adds to Nifty defensiveness |url=https://economictimes.indiatimes.com/markets/stocks/news/apollo-hospitals-adds-to-nifty-defensiveness/articleshow/89881353.cms |access-date=26 March 2022 |work=The Economic Times |date=28 February 2022}}</ref> | ||
The company was founded by [[Prathap C. Reddy]] in 1983 as the first corporate healthcare provider in India. Several of Apollo's hospitals have been among the first in India to receive [[international healthcare accreditation]] by the America-based [[Joint Commission International]] (JCI)<ref>{{cite web|title=Accreditation for 3 Apollo Hospital branches|date=10 May 2006|url=http://www.hindu.com/2006/05/10/stories/2006051003181300.htm|archive-url=https://web.archive.org/web/20060628205820/http://www.hindu.com/2006/05/10/stories/2006051003181300.htm|url-status=dead|archive-date=28 June 2006|website=[[The Hindu]]|access-date=11 November 2006}}</ref><ref>{{cite web|url=http://www.jointcommissioninternational.org/about-jci/jci-accredited-organizations/|title=Joint Commission International Organizations|website=JCI|access-date=21 June 2020}}</ref> as well as [[National Accreditation Board for Hospitals & Healthcare Providers|NABH]] accreditation.<ref>{{cite web|url=http://nabh.co/frmViewAccreditedHosp.aspx|title=Appolo Hospitals accreditation|website=NABH}}</ref> | |||
== History == | == History == | ||
{{expand section|date=March 2022}} | |||
It was founded by [[Prathap C. Reddy]] in 1983 as the first corporate health care in India. The first branch at Chennai was inaugurated by the then President of India [[Zail Singh]]. {{ | It was founded by [[Prathap C. Reddy]] in 1983 as the first corporate health care in India. The first branch at Chennai was inaugurated by the then President of India [[Zail Singh]].<ref>{{Cite web |title=Apollo Hospitals Enterprise Limited |url=https://www.ibef.org/industry/healthcare-india/showcase/apollo-hospitals |access-date=28 May 2022 |website=www.ibef.org}}</ref> | ||
Apollo developed [[telemedicine]] services, after starting a pilot project in 2000 at [[Aragonda]], Prathap Reddy's home village.<ref>{{cite news|title=Telemedicine puts AP village on health map|work=The Indian Express|date=7 September 2005}} accessed at {{cite web|website=Inia Empored|url=http://www.indiaempowered.com/full_story.php?content_id%3D77670 |title=Archived copy |access-date=2006-11-11 |url-status=dead |archive-url=https://web.archive.org/web/20061021082249/http://www.indiaempowered.com/full_story.php?content_id=77670 |archive-date=21 October 2006}} 11 November 2006</ref> | |||
In December 2012, Apollo Hospitals sold its 38% stake in Apollo Health Street, the group's healthcare [[business process outsourcing]] division, to Sutherland Global Services for {{INRconvert|225|c|year=2012|mode=historical}}.<ref>{{cite news |title=Sutherland beats Genpact to acquire Apollo's BPO arm |url=https://timesofindia.indiatimes.com/tech-news/sutherland-beats-genpact-to-acquire-apollos-bpo-arm/articleshow/17572344.cms |access-date=14 April 2022 |work=The Times of India |language=en}}</ref> | |||
Apollo signed an [[Memorandum of understanding|MoU]] with [[Health Education England]] in April 2017 to provide a large number of doctors to fill vacancies in the English [[National Health Service (England)|National Health Service]].<ref>{{cite news|title=NHS to recruit Indian doctors to plug gaps in GP services|url=https://www.telegraph.co.uk/news/2016/04/07/nhs-to-recruit-indian-doctors-to-plug-gaps-in-gp-services/ |archive-url=https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/news/2016/04/07/nhs-to-recruit-indian-doctors-to-plug-gaps-in-gp-services/ |archive-date=12 January 2022 |url-access=subscription |url-status=live|access-date=8 April 2016|work=The Daily Telegraph|date=7 April 2016}}{{cbignore}}</ref> | |||
Apollo | In January 2020, Apollo Hospitals sold its 50.80% percent majority stake in Apollo Munich Health Insurance to [[Housing Development Finance Corporation|HDFC]] for {{INRconvert|1495|c}}.<ref>{{cite news |title=HDFC completes majority acquisition in Apollo Munich Health Insurance |url=https://www.livemint.com/companies/news/hdfc-completes-majority-acquisition-in-apollo-munich-health-insurance-for-rs-1-495-81-crore-11578577371499.html |access-date=26 March 2022 |work=mint |date=9 January 2020 |language=en}}</ref> | ||
[[ | From March 31, 2022, Apollo Hospitals stock got included in Nifty 50 index replacing IOCL. Its the first hospital stock to get included in Nifty Benchmark index <ref>{{cite news | url=https://economictimes.indiatimes.com/markets/stocks/news/apollo-hospitals-adds-to-nifty-defensiveness/articleshow/89881353.cms | title=Apollo Hospitals adds to Nifty defensiveness | newspaper=The Economic Times | last1=Somvanshi | first1=Kiran Kabtta }}</ref> | ||
<gallery> | |||
File:Apollo Proton Cancer Centre, Chennai.jpg|Apollo Proton Cancer Centre, Chennai | |||
File:Apollo Hospital Indraprastha.jpg|[[Apollo Hospital, Indraprastha|Indraprastha Apollo Hospital]], Delhi | |||
File:Apollo Hospitals Bengaluru.jpg|Apollo Cancer Hospital & Research Centre, Bangalore | |||
File:Apollo_Hospitals,_Visakhapatnam.jpg|Apollo Hospitals, Visakhapatnam | |||
File:Apollo Hospital Dhaka 2014.jpg|Apollo Hospitals, Dhaka | |||
</gallery> | |||
==Subsidiaries== | |||
===Apollo HealthCo=== | |||
Apollo HealthCo was formed in 2021 with the merger of the group's non-hospital pharmacy chain Apollo Pharmacy and its digital healthcare business known as Apollo 24/7.<ref>{{cite news |title=Apollo Hospitals launches healthcare platform Apollo HealthCo |url=https://www.thehindubusinessline.com/companies/apollo-hospitals-launches-healthcare-platform-apollo-healthco/article34938728.ece |access-date=26 March 2022 |work= The Hindu Business Line |language=en}}</ref> | |||
*Apollo Pharmacy – Apollo Pharmacy is the largest retail pharmacy chain in India with more than 4000 outlets in over 21 states.<ref>{{cite news |last1=Babu |first1=Gireesh |title=Apollo Pharmacy bets on large stores |url=https://www.business-standard.com/article/companies/apollo-pharmacy-bets-on-large-stores-112080300067_1.html |access-date=26 March 2022 |work=Business Standard India |date=3 August 2012}}</ref><ref>{{cite news|title=Apollo Pharmacy opens 3,000th outlet|work=Business Standard|date=31 March 2018|url=https://www.business-standard.com/article/pti-stories/apollo-pharmacy-opens-3-000th-outlet-118033100427_1.html}}</ref> It was started in 1987.<ref>{{cite news|title=Apollo Pharmacy, India's largest retail pharmacy chain|work=Bio Voice|date=2 April 2018|url=https://www.biovoicenews.com/apollo-pharmacy-indias-largest-retail-pharmacy-chain-opens-3000th-outlet/}}</ref> | |||
*Apollo 24/7 – Apollo 24/7 is the digital healthcare platform of the group which was launched in 2020. It offers [[telehealth]] consultation, online medicine ordering and delivery, and in-home diagnostics among other services.<ref>{{cite news |title=A healthy dose of digital for Apollo Hospitals |url=https://www.fortuneindia.com/enterprise/a-healthy-dose-of-digital-for-apollo-hospitals/105664 |access-date=26 March 2022 |work=www.fortuneindia.com |language=en}}</ref> | |||
===Apollo Health and Lifestyle=== | |||
Apollo Health and Lifestyle is the [[primary care]] arm of the group which operates [[Medical specialty|multi-specialty]] clinics under Apollo Clinics, [[Medical diagnosis|diagnostics]] and [[pathology]] labs under Apollo Diagnostics, [[diabetes]] clinics under Apollo Sugar, [[dentistry|dental]] hospitals under Apollo White, [[dialysis]] centres under Apollo Dialysis, [[surgery|surgical]] hospitals under Apollo Spectra, [[Children's hospital|women/children hospitals]] under Apollo Cradle, and [[fertility clinic]]s under Apollo Fertility.<ref>{{cite news |last1=Chowdary |first1=Sharath |title=Apollo Health and Lifestyle to invest Rs 500 cr in expansion |url=https://www.business-standard.com/article/companies/apollo-health-and-lifestyle-to-invest-rs-500-cr-in-expansion-117032101165_1.html |access-date=26 March 2022 |work=Business Standard India |date=25 March 2017}}</ref><ref>{{cite news |title=Apollo Hospitals to raise up to Rs 750 crore to fund expansion |url=https://www.business-standard.com/article/companies/apollo-hospitals-to-raise-up-to-rs-750-crore-to-fund-expansion-115101100156_1.html |access-date=26 March 2022 |work=Business Standard India |date=11 October 2015}}</ref> | |||
===Apollo TeleHealth Services=== | |||
Apollo TeleHealth Services owns the [[telehealth]] network of the group, operating via a [[business-to-consumer]] model under which it offers direct services like online consultations, appointment booking, medicine delivery, among others; a [[business-to-business]] offering to corporates for their employees; and a [[business-to-government]] agreement providing telehealth services in partnership with [[Public health system in India|public health systems]].<ref>{{cite news |last1=Babu |first1=Gireesh |title=Apollo TeleHealth may see realigning of consumer-facing business |url=https://www.business-standard.com/article/companies/apollo-telehealth-may-see-realigning-of-consumer-facing-business-120012900957_1.html |access-date=26 March 2022 |work=Business Standard India |date=29 January 2020}}</ref> Established in 1999, it is headquartered in [[Hyderabad]] and has more than 100 franchised teleclinics.<ref>{{cite news |last1=Jacob |first1=Shine |title=Apollo TeleHealth sees Covid boost to telemedicine; gets new BSI approval |url=https://www.business-standard.com/article/companies/apollo-telehealth-sees-covid-boost-to-telemedicine-gets-new-bsi-approval-121121000929_1.html |access-date=26 March 2022 |work=Business Standard India |date=10 December 2021}}</ref><ref>{{cite news |last1=Somasekar |first1=M. |title=Apollo TeleHealth signs MoU with TeleHealthcare Malaysia to set up 100 tele-clinics |url=https://www.thehindubusinessline.com/companies/apollo-telehealth-signs-mou-with-telehealthcare-malaysia-to-set-up-100-tele-clinics/article30613281.ece |access-date=26 March 2022 |work=www.thehindubusinessline.com |date=21 January 2020 |language=en}}</ref> | |||
===Research and education divisions=== | |||
* Apollo Research and Innovations is a research arm of the group which is involved in [[clinical trial]]s of drugs, medical devices, healthcare software and consumer products. It was established in 2000 and has 17 centres at hospital locations.<ref name="exosome"/> | |||
*Apollo Hospitals Education & Research Foundation is a [[non-profit]] which conducts research projects at its [[wet lab]] run by the Cell and Molecular Biology Research Centre (CMBRC) in [[liquid biopsy]], [[molecular diagnostics]], [[pharmacogenomics]] and [[Exosome (vesicle)|exosome]] technologies.<ref name="exosome">{{cite news |last1=Krishnan |first1=Gina |title=Apollo Hospitals' exosome technology detects brain cancer without biopsy |url=https://www.business-standard.com/article/companies/apollo-hospitals-exosome-technology-detects-brain-cancer-without-biospy-118070400224_1.html |access-date=14 April 2022 |work=Business Standard India |date=4 July 2018}}</ref> | |||
*Apollo Medskills is a [[private-public partnership]] between Apollo Hospitals and [[National Skill Development Corporation]] started in 2012 for the development of medical skills of healthcare workforce through 40+ training institutes across the country.<ref>{{cite news|publisher = The Economic Times|title = NSDC to acquire 27% stake in Apollo Med Skills|url = http://articles.economictimes.indiatimes.com/2012-05-18/news/31765523_1_nsdc-centum-learning-national-skill-development-corporation|date = May 18, 2012}}</ref><ref>{{cite news|publisher = The Hindu Business Line|title = Apollo Medskills, NSDC tie up for training centres |url = http://www.thehindubusinessline.com/industry-and-economy/apollo-medskills-nsdc-tie-up-for-training-centres/article4382299.ece|date = February 5, 2013}}</ref> | |||
== References == | == References == | ||
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[[Category:Hospitals in Chennai]] | [[Category:Hospitals in Chennai]] | ||
[[Category:Hospitals established in 1983]] | [[Category:Hospitals established in 1983]] | ||
[[Category:1983 establishments in Tamil Nadu]] | [[Category:1983 establishments in Tamil Nadu]] | ||
[[Category:Health care companies of India]] | [[Category:Health care companies of India]] | ||
[[Category:Indian companies established in 1983]] | [[Category:Indian companies established in 1983]] | ||
[[Category:Companies listed on the National Stock Exchange of India]] | |||
[[Category:Companies listed on the Bombay Stock Exchange]] | |||
[[Category:NIFTY_50]] | |||