Narayana Health
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![]() Mazumdar Shaw Medical Centre, Narayana Health City in Bangalore | |
Company type | Public |
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Traded as | BSE: 539551 NSE: NH |
ISIN | INE410P01011 |
Industry | Healthcare |
Founded | 2000; 24 years ago (2000) |
Founder | Devi Shetty |
Headquarters | Bangalore , India |
Number of locations | 24 hospitals, 7 heart centres |
Area served | India & Cayman Islands |
Key people | Devi Shetty (Chairman) Emmanuel Rupert (MD & Group CEO)[1] Viren Shetty (Executive Vice Chairman)[2][3] |
Products | Hospitals, Pharmacy, Diagnostic centres |
Revenue | ![]() |
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Net income | ![]() |
Number of employees | 19,214 (2024)[4] |
Website | www |
![](http://upload.wikimedia.org/wikipedia/commons/thumb/b/b2/Narayana_Institute_of_Cardiac_Sciences%2C_Bangalore%2C_Karnataka%2C_India_%282014%29.jpg/220px-Narayana_Institute_of_Cardiac_Sciences%2C_Bangalore%2C_Karnataka%2C_India_%282014%29.jpg)
Narayana Health (formerly known as Narayana Hrudyalaya) is an Indian for-profit private hospital network headquartered in Bangalore.[5] It was founded by Dr. Devi Shetty in the year 2000.[6][7][8]
Narayana Health operates several hospitals and heart centres across major Indian cities Bangalore, Delhi, Gurugram, Kolkata, Ahmedabad, Raipur, Jaipur, Mumbai, Mysore etc. with an international subsidiary in the Cayman Islands.[9] The facilities offer medical care in over 30 medical specialties and three of its hospitals – Narayana Institute of Cardiac Sciences, Bangalore, and Health City Cayman Islands – are JCI (Joint Commission International) accredited.[10][third-party source needed]
History
Devi Shetty founded Narayana Hrudalaya (NH) in the year 2000 with a 280-bed heart hospital[11] in Bangalore.[12][13]
In 2013, Narayana Hrudyalaya officially changed its identity to Narayana Health.[14] Since 2014, the group operates Health City Cayman Islands in Grand Caymen. Emmanuel Rupert was made the MD & Group CEO in place of Ashutosh Raghuvansha following the latter's resignation in January 2019.[15][16] From 2016 onwards, NH has increased its presence in New Delhi, Gurgaon and Mumbai, by opening premium multi specialty hospitals, in order to boost margins.[16] In 2022, NH announced that it is looking to set up a 1000-bed advanced specialty hospital in Kolkata.[17]
![An ambulance used by Narayana Health Hospitals](http://upload.wikimedia.org/wikipedia/commons/thumb/d/d2/Ambulance_used_by_Narayana_Health_Group%2C_India.jpg/220px-Ambulance_used_by_Narayana_Health_Group%2C_India.jpg)
Listing
Narayana Hrudyalaya was listed on the BSE and the NSE on 6 January 2016. Upon debut, the company was valued at over US$1 billion.[18]
Current facilities
India
North India
- Shri Mata Vaishno Devi Narayana Super Speciality Hospital, Jammu, J&K
- Narayana Superspeciality Hospital, Gurugram
- Dharamshila Cancer Hospital and Research Centre Delhi
West India
- Narayana Multispeciality Hospital, Ahmedabad
- Narayana Multispeciality Hospital, Jaipur
- SRCC Children's Hospital, Mumbai
South India
- Mazumdar Shaw Medical Centre, Bangalore
- MS Ramaiah Narayana Heart Centre, Bangalore
- Narayana Institute of Cardiac Sciences, Bangalore
- Narayana Medical Centre, Langford Town, Bangalore
- Narayana Multispeciality Clinic, Jayanagar, Bangalore
- Narayana Multispeciality Hospital, HSR Layout, Bangalore
- Narayana Multispeciality Hospital, Whitefield, Bangalore
- Narayana Multispeciality Hospital, Mysore
- NH Jindal Sanjeevani Multispeciality Hospital, Bellary
- RL Jalappa Narayana Heart Centre, Kolar
- Sahyadri Narayana Multispeciality Hospital, Shimoga
- SDM Narayana Heart Centre, Dharwad
- SS Narayana Heart Centre, Davengere
East India
- Brahmananda Narayana Multispeciality Hospital, Jamshedpur
- MMI Narayana Multispeciality Hospital, Raipur
- Narayana Multispeciality Hospital, Barasat, Kolkata
- Narayana Multispeciality Hospital, Howrah[19]
- Narayana Superspeciality Hospital, Guwahati
- Narayana Superspeciality Hospital, Howrah
- Rabindranath Tagore International Institute of Cardiac Sciences, Kolkata
- Rabindranath Tagore Surgical Centre, Kolkata
Cayman Islands
References
- ^ "Narayana Hrudayalaya appoints new CEO, Viren Shetty is new Group COO". The Economic Times.
- ^ "How is Viren Shetty taking Narayana Health biz close to US shores?". Business Standard.
- ^ "I did not want to pursue medicine: Narayana Health COO Viren Shetty". The New Indian Express. 16 December 2021. Retrieved 4 July 2023.
- ^ a b c d "Earnings Update Q4 FY24 and FY24" (PDF). Narayana Health. Retrieved 13 June 2024.
- ^ "Narayana Health: Providing World-class Treatment to the Poor | Forbes India". Forbes India. Retrieved 13 September 2018.
- ^ "D A I J I W O R L D". daijiworld.com. Retrieved 13 September 2018.
- ^ "Entrepreneurial Hospital Pioneers New Model". HBS Working Knowledge. 24 January 2005. Retrieved 13 September 2018.
- ^ indiainfoline.com. "26 Heart Transplants and going strong". Retrieved 13 September 2018.
- ^ Ramanathan, Arundhati (1 June 2016). "Kiran Mazumdar-Shaw becomes second Indian to take the Giving Pledge". Mint. Retrieved 13 September 2018.
- ^ "Health City Cayman Islands Awarded JCI Accreditation" (Press release). PR Newswire. Retrieved 13 September 2018.
- ^ "Biggest Innovations: Narayana Health has successfully married affordability, quality health care". businesstoday.in. 9 May 2014. Retrieved 18 November 2020.
- ^ "Boom time for medicare". The Hindu. 30 April 2006. ISSN 0971-751X. Retrieved 13 September 2018.
- ^ "Devi Shetty's Narayana Healthcare: Men behind success of his low-cost hospitals". The Economic Times. Retrieved 13 September 2018.
- ^ "Narayana Hrudayalaya History | Narayana Hrudayalaya Information – The Economic Times". The Economic Times. Retrieved 13 September 2018.
- ^ "Narayana Hrudayalaya appoints new CEO, Viren Shetty is new Group COO". The Economic Times. Retrieved 12 November 2020.
- ^ a b Samuel, Joe V (31 March 2021). "Retail Equity Research (South India Focus): Narayana Health Ltd" (PDF). Business Standard. Geojit. Retrieved 27 April 2022.
- ^ Medical Dialogues Bureau (22 April 2022). "Narayana Health founder Devi Shetty reveals plan to launch 1000 bedded Super specialty hospital in Kolkata". medicaldialogues.in. Retrieved 27 April 2022.
- ^ "Narayana Hrudayalaya's market cap crosses $1 billion on market debut – Forbes India". Forbes India.
- ^ "Narayana Health buys Westbank Hospital". The Times of India. Retrieved 13 September 2018.
External links
- Official website