Fortis Healthcare Unveils Multi-Specialty Tertiary Care Hosp in BLR

This latest addition represents the fifth hospital in Fortis' existing network, with Bannerghatta serving as the largest facility among them.

Fortis Healthcare has inaugurated a cutting-edge, multi-specialty tertiary care hospital in Nagarbhavi, Bengaluru, marking an addition to its network of healthcare facilities.

With an investment of approximately INR 6-7 Cr, the upgraded facility aims to enhance its capacity from 80 to 100 beds to accommodate the growing patient base.

This latest addition represents the fifth hospital in Fortis' existing network, with Bannerghatta serving as the largest facility among them.

Sharing thoughts, Anil Vinayak, group COO, Fortis Healthcare, said, "With the launch of this hospital, we continue our legacy of delivering high-end care to our patients, setting a new benchmark in healthcare excellence.’’

This launch marks a significant milestone in Fortis’ continued expansion efforts, underscoring its dedication to innovation and commitment to delivering the finest care to our patients, Vinayak stated.

Fortis’ Patient-Centric Approach

The new hospital in Nagarbhavi is expected to benefit a large section of the population seeking healthcare services in Bengaluru.

Akshay Oleti, business head of Fortis Hospitals Bengaluru, highlighted the organization's commitment to providing patients with informed choices and access to cutting-edge healthcare facilities.

"This addition signifies our commitment to providing our patients with informed choices and the best cutting-edge healthcare facilities that the world has to offer. At Fortis, we are dedicated to ensuring that our patients receive quality care and attention at every step of their journey," Oleti added.

In a similar expansion development, Max Healthcare Institute (MHIL) has unveiled plans to invest INR 2500 Cr to set up a 500-bed hospital at Shaheed Path, Lucknow.

This significant investment aims to elevate the standard of healthcare services in the city and surrounding regions. Alongside this development, the company also announced the renaming of Sahara Hospital to Max Super Speciality Hospital, Lucknow.

Future Plans

Fortis Healthcare has ambitious plans for expansion, aiming to increase its bed capacity from 4,500 to 10,000 beds across India over the next five to seven years.

This growth strategy will involve both brownfield expansions of existing hospitals and acquisitions of new facilities.

Vinayak highlighted ongoing expansion projects, including plans to expand the hospital on Bannerghatta Road and launch the acquired Meodar Hospital in Manesar, which will add 450 beds to the Fortis network.

Vinayak also expressed Fortis' target for an EBITDA growth of around 20%. While refraining from making forward-looking statements, he expressed confidence in maintaining performance levels.