Company type | Private |
---|---|
Industry | Healthcare |
Founded | 1953 |
Founder | T. M. A. Pai |
Headquarters | Bangalore, Karnataka, India |
Number of locations | 33 (2022) |
Key people |
|
Products | Hospitals, Pharmacy, Diagnostic centres |
Revenue | ₹4,806 crore (US$580 million) (FY23) [2] |
₹1,279 crore (US$150 million) (FY23) [2] | |
Owner |
|
Divisions | AMRI Hospitals Medica Hospitals |
Website | www |
Manipal Health Enterprises, [5] commonly known as Manipal Hospitals, is an Indian for-profit private hospital network headquartered in Bangalore, Karnataka. The hospitals trace their origins to the Kasturba Medical College, founded by T. M. A. Pai in 1953. [6] Manipal Hospitals is the second largest healthcare provider in India, [7] with a network of 33 hospitals. [1] Manipal Hospitals is part of the Manipal Education and Medical Group. [8]
In 1953, T. M. A. Pai founded the Kasturba Medical College in coastal Karnataka. The college operated as a public private partnership by using the government hospitals in Mangalore. Dr. Pai was an Indian doctor, educationist and philanthropist and was awarded the Padma Shri by the Government of India in 1972. [9]
The first branch of Manipal Hospitals was started in 1991 in Bangalore. The branch is a 600-bed quaternary care facility and houses over 60 specialties. In 1997, Manipal Hospitals, Mangalore was established, this 251-bed tertiary care hospital is named KMC Hospital, a teaching hospital of the Kasturba Medical College, Mangalore. [10]
In April 2021, Manipal Hospitals announced the sale of its only hospital outside India, Manipal Hospital Klang, Malaysia, to Ramsay Sime Darby Health Care for a reported ₹700 crore (US$94.47 million). [11]
In 2021, Manipal Hospitals completed the acquisition of Columbia Asia's 11 hospitals in India for ₹2,100 crore. [12] [13] All Columbia Asia hospitals were subsequently rebranded as Manipal Hospitals. [14] In 2021, Manipal Hospitals acquired Vikram Hospital in Bangalore for ₹350 crore. [15]
In 2022, Manipal Hospitals group company Manipal HealthMap acquired a majority stake in diagnostics company Medcis PathLabs. [16]
In 2023, Temasek Holdings-backed Sheares Healthcare India acquired a 41% stake in Manipal Hospitals for about ₹16,000 crore (US$1.9 billion), to increase its shareholding to 59% and become the controlling stakeholder in the hospital chain. The acquisition valued the hospital chain at around ₹40,000 crore (US$4.8 billion). [17]
In 2023, Manipal Hospitals acquired an 84% controlling stake in AMRI Hospitals for ₹2,300 crore (US$280 million). [18]
In April 2024, Manipal Hospitals acquired 87% stake in Medica Synergie Hospitals with ₹1,400 crores investment. [19] [20]
Manipal is a suburb and university town within Udupi, in coastal Karnataka, India. Manipal is located five kilometres away from the centre of Udupi City, in Udupi District, Karnataka (state) in south western India. It is administered by the Udupi City Municipality. The suburb is located in coastal Karnataka, 62 km north of Mangalore and 8 km east of the Arabian Sea. From its location on a plateau, at an altitude of about 75 metres above sea level, it commands a panoramic view of the Arabian Sea to the west and the Western Ghats to the east.
Apollo Hospitals Enterprise Limited is an Indian multinational healthcare group headquartered in Chennai. It is the largest for-profit private hospital network in India, with a network of 71 owned and managed hospitals. Along with the eponymous hospital chain, the company also operates pharmacies, primary care and diagnostic centres, telehealth clinics, and digital healthcare services among others through its subsidiaries.
Kasturba Medical College, Manipal and Kasturba Medical College, Mangalore, together known as KMC, are two private medical colleges in the state of Karnataka, India, established in 1953 and 1955. The colleges are constituent units of Manipal Academy of Higher Education, an Institution of Eminence and deemed university.
The Manipal Academy of Higher Education(MAHE) is a deemed university, with the status of an Institution of Eminence located in the Udupi district of Karnataka. The school has campuses in Mangalore, Bangalore, and Jamshedpur in India, as well as global campuses in Dubai and Malaysia. Its sister universities are Manipal University Jaipur and Sikkim Manipal University, run by same organization.
The Institute of Medical Sciences may refer to one of several organisations:
Fortis Healthcare Limited (FHL) is an Indian for-profit private hospital network headquartered in Gurgaon, India. Fortis started its health care operations in Mohali, Punjab, where the first Fortis hospital was started. Later on, the hospital chain purchased the healthcare branch of Escorts group and increased its strength in various parts of the country. The Escorts Heart and Research Center, Okhla, Delhi became a major operating unit of the chain. Dr. Tehran, the current MD of Medanta and several others have started their careers at this institute.
Ramdas Madhava Pai is an Indian health administrator and the incumbent Chancellor at the Manipal Academy of Higher Education, and chairman of the Manipal Education and Medical Group.
Manipal College of Dental Sciences, Mangalore was founded in 1987 and recognised by the Dental Council of India in 1992 and by the Malaysian Dental Council in 2003. It was certified for ISO9001:2000 in 2006 and was re-certified for ISO9001:2008 in 2009. The college is a part of Manipal University. The college offers undergraduate (BDS) and postgraduate (MDS) programme.
AMRI Hospitals is a for-profit private hospital chain which is headquartered in the city of Kolkata, West Bengal, India. In September 2023, Manipal Hospitals acquired a majority stake (84%) in the company.
Wenlock District Hospital is a hospital in Mangalore, Karnataka, India. Established in 1848, it was acquired by the Madras government in 1891. It contains more than 1000 beds as of 2021. It is a teaching hospital of the Kasturba Medical College, Mangalore.
Global Health Limited, d/b/a Medanta, is an Indian for-profit private hospital network based in Gurgaon. The chain was started in 2009 by cardiac surgeon Naresh Trehan and Sunil Sachdeva.
Aster DM Healthcare Limited is a multinational for-profit private hospital network founded by Azad Moopen in 1987. The company has its corporate headquarters in Dubai, UAE, and is registered in Bangalore, India. Aster DM Healthcare currently operates hospitals, medical centres, diagnostic centres, laboratories and pharmacies in six GCC countries and India. The corporation works in a variety of economic sectors through its brands Aster, Medcare, and Access.
Quadria Capital is an independent healthcare focused private equity firm that specializes in growth capital investments in small cap and middle-market companies within the healthcare sector across South and Southeast Asia.
Manipal International University (MIU), in Putra Nilai, Negeri Sembilan, Malaysia, is a Malaysian university offering multidisciplinary programs with a focus in the fields of science, engineering and management & business. It is a member of the Manipal Global Education Group.
Medica Hospitals is an Indian for-profit private hospital network in Eastern India providing multi-speciality and super-speciality healthcare facilities over the past few years. Beginning its journey with Medica North Bengal Clinic in Siliguri in 2008, the Group launched its flagship Hospital – Medica Superspecialty Hospital in Kolkata in 2010.
H. Sudarshan Ballal is an Indian kidney transplant physician, nephrologist currently director of Manipal Institute of Nephrology and Urology, the chairman of the Medical Advisory Board of Manipal Hospitals Group and Senate Member of Manipal University, now known as Manipal Academy of Higher Education (MAHE).
KMC Hospitals, also known as Kasturba Medical College Hospitals (Mangalore) are two hospitals situated in Mangalore. The hospitals are teaching hospitals of the Kasturba Medical College, Mangalore, a constituent unit of Manipal Academy of Higher Education. The hospital at Ambedkar circle is a part of the Manipal Hospitals.
Ranjan Pai is an Indian medical doctor, businessperson and the chairman of the Manipal Education and Medical Group (MEMG), which runs six universities and twenty eight hospitals across the globe.