Global Health Ltd (Medanta): Transforming Healthcare Worldwide| History

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Due to continuous government support, there have been tremendous changes in India’s healthcare system. The hospital market is expected to reach $194 billion by 2032. Healthcare companies are now focused on global accessibility and innovation. Among the top 10 healthcare companies in India, Global Health Ltd Services—Medanta Hospitals—ranks sixth.

By focusing on innovative treatments, the Global Health services are shaping the future of healthcare.

Today, let’s take a step back to understand the history of Medanta Hospitals in India!

Global Health Ltd (Medanta) History
Global Health Ltd (Medanta) History

Medanta Hospital History

Medanta Hospitals have become a trusted choice for families seeking the best healthcare. Over the years, they have gained immense popularity.

But the story of how it all began is fascinating.

Let us see how it all began!

In 2004, the Medanta Hospital owner, Dr Naresh Trehan, along with Sunil Sachdeva, took the first step towards setting up Global Health Ltd.

Dr. Naresh Trehan, a renowned cardiac surgeon, thought of doing something bigger after leaving the Escorts Heart Institute. He collaborated with Sunil Sachdeva to bring his idea of the healthcare revolution in India into action.

Together, they laid the foundation for what would become the sixth-largest healthcare company in India.

By 2006, Medanta attracted significant attention when Avenue Capital Group invested ₹224 cr into the venture.

The turning point came in 2009 when Medanta – The Medicity, a state-of-the-art super-speciality hospital with 1,391 beds and 271 ICU beds, opened its doors in Gurugram.

This inauguration symbolised the realisation of Dr. Trehan’s vision for advanced healthcare in India.

In 2013, the Carlyle Group made headlines by acquiring Avenue Capital Group’s 27% stake in Medanta for ₹960 crore.

The expansion continued in 2014 with the launch of the Medanta Super Specialty Hospital in Indore, featuring 175 beds and 53 ICU beds. 

The global health organisations growth journey continued with new initiatives that were taken regularly. In 2015, it acquired the Abdur Razzaque Ansari Memorial Weavers’ Hospital in Ranchi, which has 200 beds and 54 ICU beds.

The year 2019 marked a huge milestone!

Medanta Global Health opened its 950-bed hospital in Lucknow, including 475 operational beds and 130 ICU beds. 

This facility aimed to provide comprehensive healthcare solutions to the region.

In 2020, the Jai Prabha Medanta Super Specialty Hospital in Patna was inaugurated with 650 beds. 

Out of these, 330 were operational, including 57 ICU beds. 

This addition significantly enhanced healthcare services in eastern India.

In 2023 and 2024, Global Health Ltd celebrated some remarkable milestones!

For the fourth year in a row, Medanta Gurugram was honoured as the best private hospital in India by Newsweek.

The following year, it continued its winning streak.

Global Health Limited Medanta also entered into exciting collaborations. In 2023, they teamed up with the DLF Group to establish a 400-bed super-specialty hospital in Greater Kailash, Delhi. 

In 2023, Medanta launched advanced services like Lung Transplant and Mother and Child care at various locations. They even rolled out a Neonatal Intensive Care Unit (NICU) ambulance.

Plans for future growth have already been set, with Medanta Hospital Noida expecting to begin phased operations in FY 2025. 

This facility is planned to have 550 beds, starting with 300 beds in its first phase.

Medanta Healthcare continues to expand its operations beyond just medical facilities.

A New Era in Healthcare: Medanta’s Impact on Indian Medicine

Global Health Limited, operating under the brand Medanta, is a major private healthcare provider in India. Medanta Hospital is one of India’s largest multi-speciality tertiary care providers. It was founded by Dr. Naresh Trehan, a well-known cardiovascular and cardiothoracic surgeon. The medanta global health’s goal is to provide advanced and affordable medical services to patients.

For four years in a row—2020, 2021, 2022, and 2023—Medanta Gurugram has been recognized as the best private hospital in India. Additionally, in 2023, it was listed among the top 250 global hospitals by Newsweek. Medanta Hospitals – Global Health Services now cover 130+ nations.

Here are some additional things to know about Global Health Medanta:

Medanta Services– Second Opinion, Lab Test & Diagnostic, Homecare, Buy Medicine, Telemedicine, Air Ambulance, Medanta e-ICU, Health Checkup, Elder Care

Global Health Limited Medanta: Medanta, under Global Health Limited, operates several multi-speciality hospitals across India.

Medanta Hospital Owner: Dr. Naresh Trehan, a renowned cardiovascular and cardiothoracic surgeon.

Key Highlights of Q1 FY2025 (Compared to Q1 FY2024)

  • Total Income: ₹8,830 million, which is an increase of 11.1% from last year.
  • EBITDA: ₹2,082 million, showing a growth of 4.5% from last year. The EBITDA margin is 23.6%.
  • Profit After Tax (PAT): ₹1,063 million, up by 4.2% from the previous year.
  • PAT Margin: 12.0%, down from 12.8% last year.
  • New Facilities: 49 new beds were added in Gurugram, along with 18 dialysis beds in Patna.
  • Occupancy Rate: The average number of occupied bed days increased by 7.3% from last year, with an occupancy rate of 58.8%.
  • Average Revenue per Occupied Bed (ARPOB): ₹64,035, up from ₹63,148 last year.

Global Health Ltd| Key Developments in Q1 FY2025

With a focus on patient care and innovative treatments, Medanta continues to advance!

  • New Mother and Child Floor

Medanta Gurugram has opened a new floor with advanced infrastructure.

  • Leukemia Treatment

Medanta Lucknow successfully cured leukemia using CAR-T Cell therapy. It is a cutting-edge treatment that uses the patient’s immune system to fight cancer.

  • Liver Transplants

Medanta Lucknow performed its 50th successful liver transplant.

  • Ophthalmology Achievements

The ophthalmology division at Medanta Gurugram achieved mulitiple milestones.

5,000 cataract surgeries, 2,500 presbyopia-correcting cataract procedures, and 1,000 EDOF intraocular implants for clearer vision.

  • Cardiac Diagnosis

Heart experts at Medanta Gurugram successfully diagnosed AL cardiac amyloidosis in a patient with multisystem involvement.

Medanta Hospitals, under Global Health Limited, has revolutionized healthcare in India with its focus on advanced medical treatments and global accessibility. Medanta continues to grow, offering services to patients in over 130 nations. 

FAQs| Global Health Ltd (Medanta) History

How many hospitals does Medanta have?

Medanta operates six hospitals in India which are located in Gurugram, Indore, Ranchi, Lucknow, and Patna.

Why is Medanta Hospital so famous?

Medanta is renowned for its advanced medical technology, multi-speciality care, and is consistently ranked as the best private hospital in India.

Who is the owner of Medanta?

Dr. Naresh Trehan, a world-renowned cardiovascular surgeon, is the founder and owner of Medanta.

What is the ranking of Medanta Hospital?

Medanta Gurugram is ranked as the best private hospital in India and is among the top 200 global hospitals.

Who is the head of Medanta Hospital?

Dr. Naresh Trehan serves as the Chairman and Managing Director of Medanta.

Are Medanta and Global Health the same?

Yes, Global Health Limited operates under the brand name Medanta.

Who is the owner of Medanta Global Health?

Dr. Naresh Trehan and Sunil Sachdeva are the founders of Global Health Limited, which operates Medanta.

Source: Screener and Medanta

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