2. Fortis Healthcare has a vision to set up a network of world - class super specialty hospitals linked with a larger network of multi-specialty hospitals to provide high quality healthcare to the people of India, through a hub and spoke model. In line with its growth strategy and with the recent acquisition of the Escorts Heart Institute & Research Centre, Fortis Healthcare has taken its total operational hospital strength to 38 hospitals (including 12 satellite/heart command centres). The Fortis Healthcare group has progressive plans to change the healthcare delivery landscape in India by being the premier healthcare provider in the region driven by quality and most importantly "patient-centricity". About forties healthcare
6. PHILOSOPHY: The Fortis Healthcare group believes in creating, sustaining and growing successful businesses based on quality products and services. NATIONAL INTERESTS:A Fortis Healthcare group Company is committed to contribute to the economic and social development of India and other countries in which it operates. POLITICAL NON-ALIGNMENT: A Fortis Healthcare group Company shall not, directly or indirectly, support any specific political party or candidate . COMMUNITY SERVICE:A Fortis Healthcare group Company shall actively engage in, and contribute to, improving the quality of life of people in the communities in which it operates . CORE VALUES
8. Our management team holds professional qualifications, enriched with vast experience. Mr. Shivinder Mohan SinghManaging Director :An alumnus of Doon School and an Honours Graduate in Mathematics from St. Stephens College, Delhi, Shivinder has done his MBA with specialization in health sector management from the Duke University Business School, USA. Mr. Daljit Singh :is the President -Strategy and Organizational Development Dr. NarottamPuri :the President - Medical Strategy and Quality of the Company MANAGEMENT TEAM
9. Mr. Yogesh Kumar Sareen, Chief Financial Officer of the Company Mr. Bhavdeep Singh:Chief Executive Officer Fortis appoints Dr. P.S. Maini as Principal Director & Advisor, Orthopedics PadmaBhushanAwardee, Dr. Maini is deemed patriarch of Orthopedics in the country He has performed over 20,000 surgeries in his career
10. Fortis Healthcare has a vision to set up a network of world - class super speciality hospitals linked with a larger network of multi-speciality hospitals to provide high quality healthcare to the people of India, through a hub and spoke model. Fortis Healthcare has taken its total operational hospital strength to 38 hospitals (including 12 satellite/heart command centres). The Fortis Healthcare group has progressive plans to change the healthcare delivery landscape in India by being the premier healthcare provider in the region driven by quality and most importantly "patient-centricity BUSINESS SECTORS
11. FANANCIAL STATEMENT Shivinder Mohan Singh CEO and MD, Fortis Healthcare and Escorts, No. of hospitals: 38 Turnover: Rs 443 crNo. of beds: 5,200.
12. A SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis is a helpful tool for comparing and strategy planning for any business initiative. STRENGTH:- Lower delivery cost World class facilities. India is very well placed to tap the growing potential of the healthcare sector. WEAKNESS:- Increasing cost of curative medical services. Limited health benefits to employees. Limited number of quality medical institutions. SWOT ANALYSIS
13. OPPORTUNITIES:- Healthcare industry is the world's largest industry with total revenues of approx US$ 2.8 Trillion (2005). Medical Tourism in India will be one of the major sources for foreign exchange. THREATS:- Poor public infrastructure. Inflation. Medico legal jurisdictions. Country specific restrictions
14. Fortis Healthcare agreed to buy 10 hospitals in India for 9.09 billion rupees ($187 million), The Wall Street Journal reported. The move was part of an overall design to foster rapid expansion of Fortis’s private hospital chain. With the acquisition, Fortis will own or operate 38 hospitals across India with 5,200 beds, company officials said. Indian health-care consumers are pleased with the increased presences of efficient and professionally managed hospitals. MERGER & ACQUISITION
15. Ranbaxy promoted Fortis Healthcare Limited would continue with its strategy of entering into Operation and Management (O&M) contracts with owners of existing and new hospitals apart from expansion by building new hospitals and acquiring existing hospitals. Fortis already has such contracts with existing and new hospitals like Jessa Ram Hospital, Fortis La Femme, RajanDhall hospital, VasantKunj in New Delhi and Khyber Medical Institute in Jammu and Kashmir. The company is also entering into new satellite and heart command centre arrangements. INNOVATIVE STRATEGY
16. Fortis Healthcare, India was established in 1996 by the promoters of Ranbaxy Laboratories, among the world's top 10 generic companies, also India's largest pharma company. Fortis Healthcare India hospitals are benchmarked to International standards - achieving quality. The Fortis Healthcare circle of caring is fast expanding, spreading the name of Fortis Healthcare. significantly in the caring approach of our people. GROWTH & DEVELOPMENT
17. We Care Core Values “ We have a very simple business model that keeps you as the centre. ” Having the industry’s most elaborate and exclusive Patient Care and Clinical Coordination teams stationed at each partner hospital, we provide you the smoothest and seamless care ever imagined. With a ratio of one Patient Care Manager to five patients our patient care standards are unmatched across the sub continent. CONCLUSION
