forties hospital
TRANSCRIPT
GROUP MEMBER’S• Hitesh – Team Leader 18271• Krupa - Assistant Leader 18273• Shital - 18251• Vijay - 18283• Omkar - 18270• Shweta - 18276• Neeta - 18296• Rajkumar - 18244• Manish - 18291• Tushar - 18288
INTRODUCTION• Fortis Healthcare Ltd. is one of the largest private healthcare
companies in India.• The company is having a network of 28 hospitals, satellite
centers and heart command centers with about 3300 beds capacity.
• It includes multispeciality as well as superspeciality centers providing tertiary and quartenary healthcare to patients in areas such as:
o Cardiac careo Orthopedicso Neuroscienceso Oncology ando Mother and child care.
BUSSINESS
INDUSTRY COMMERCE
EXTRACTIVE
GENETIC
MANUFACHRING
CONSTRUCTION
SERVICE
HEALTH CARE HOSPITAL
TRADE AIDS TO TRADE
Fortis Healthcare LimitedType Public BSE : 532843Industry Health careFounded 2001Founder Malvinder Mohan Singh and
Shivinder Mohan SinghHeadquarters Delhi, IndiaArea served India, SingaporeRevenue 9379.4 million(US$150 million)
Owner Malvinder Mohan SinghShivinder Mohan Singh
Website http://www.fortishealthcare.com
MANAGEMENT TEAMMr. Shivinder Mohan Singh : Managing Directors
An alumuns 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. Narottam Puri : the President – Medical Strategy and Quality of the Company
BRANCHESForties Healthcare Limited is an established chain of super speciality hospitals based in1. Mumbai2. Amritsar3. Kolkata4. Navi Mumbai5. Hyderabad6. Mohali7. Jaipur8. Chennai9. Kota10. Bengaluru11. Gurgaon12. Noida13. Faridabad14. Delhi
Growing IncomeMuch of the India’s healthcare expenditure comes from private patients pockets.The top 33% income earners in India accounted for 75% of total price expenditure on healthcare in 2004.But according to latest survey rising incomes are expending the rich and middle income groups and they are expected to form 49% of total households in financial year 2010 as compared to 33% in 2004.
significant investment opportunities.by an estimate to reach even half of chian’s current
beds per 1000 population India would need an additional 9,20,000 beds over the next 10 years.
ECONOMIC ENVIRONMENT
Bussiness Envirnment
Internal Enternal
Vision
Mission
Objective
Plans
Policies
Human resources
Research & development
Financial resource
Organisational structure
Macro Micro
Demographic
Economic
System
Condition
Polices
Technological
Political
Social culture
Customer
competitor
suppiler
Distribution
Society
Generalpublic
Media
Government
SOCI0-CULTURE ENVIRONMENT Increased life expectancy and ageing population.
life expectancy which averaged 63.3 yrs in 2000-04 is expected to increase to 66 yrs in 2006-10.• The proportion of population aged 65 yrs and over in
2000 is also on the rise and will increase by about 15% in 2010.
Shift to life style related diseases• The shift in disease profiles from infectious to life style
related diseases is expected to raise expenditure per treatment
GLOBAL & TECHNOLOGICAL ENVIRONMENT
Over burdened health infrastructure and high cost in the West.• The healthcare system in Europe & US are under severe
pressure, particularly NHS in the UK. Which has a long list of patients waiting for over a years. Same is the condition in US, further more there is shortage of paramedical professionals. India
India’s low cost of medical care in quality service.• India offers highly cost competitive medical treatment and
technological advancement. Which brings down the overall cost of treatment, thus India has huge potential to emerge as a hub for preventive health screening and treatment.
CONCLUSION
It can be said that Indian environment provides a very good opportunity for private players in healthcare. Growing population with much deeper pockets and low government participation has lead to higher demands where people are willing to pay even high cost for proper medical care.
SWOT ANALYSIS
A SWOT (Strengths, Weakness, Opportunities and Threats) analysis is helpful tool for comparing and strategy planning for any business initiative.
STRENGTH:-Brand.Qualified doctors for better treatment.Lower delivery cost.World class facilities.India is very well placed to tap the growing potential of the healthcare sector.
WEAKNESS:-Expensive.Increasing cost of curative medical services.Limited health benefits to employees.Limited number of quality medical institutions.
OPPORTUNITIES:-Healthcare industry is the world’s largest industry with total revenue of approx US$2.8 trillion (2005).Upcoming units.Use of international new technologies.Medical tourism.
THREATS:-Competition among the hospitals.Poor public infrastructure.Slow adaptation of IT.Emergence of China.Country specific restriction.Alternative medicines.
FINANCIAL STATMENT
AnnualResults in brief(Rs. Crore)
Mar’14 Mar’13 Mar’12
Sales 174.45 157.93 123.02
OperatingProfit
7.85 11.26 4.07
Interest 21.95 29.62 49.65
Gross Profit 4.90 13.79 -35.79
EPS (Rs.) -0.32 0.12 -2.58
Shivinder Mohan Singh CEO and MD, Forties Healthcare andEscorts , No. of hospitals: 38 Turnover: Rs 443 crNo. of beds: 5,200
India’s Fastest Growing Hospital Chain
2010
2009
2008
2007
2005
20032004
2001
Rights Issue, Acquired 10 Wockhardt hospitals
Acquired 25% in parkway Holding. Asia’s largest private Health
provider
Acquired Malar Hospitals, Chennai
Company achieves profitability on
consolidated basis
Listed on BSE and NSE.New hospital at Jaipur
RevenuesGrow %
CommencesOperation at Noida
First HospitalAt Mohali
Mission“To create a world-class Integrated healthcare delivery system in India, entailing the finest medical skills combined with compassionate patient care”BY-Late Dr. Parvinder Singh, Founder Chairman
To improve primary care – supporting enhanced services in GD practices.To develop alternative services – where new services are needed.
VISIONThe company intends growing in an aggressive manner to have a pan India presence with bed strength of 6000 through 40 hospitals by the 2012
Growth & Development• Forties 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.• Forties Healthcare India hospitals are benchmarked to International standards – achieving quality.• The Forties Healthcare circle of caring is fast expanding, spreading the name of Forties Healthcare.• Significantly in the caring approach of our people.