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Global Health Limited,
d/b/a A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...
Medanta, is an Indian
for-profit Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessari ...
private Private or privates may refer to: Music * "In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorded ...
hospital network A hospital network is a public, non-profit or for-profit company or organization that provides two or more hospitals and other broad healthcare facilities and services. A hospital network may include hospitals in one or more regions within one or ...
based in
Gurgaon Gurgaon (), officially named Gurugram (), is a satellite city of Delhi and administrative headquarters of Gurgaon district, located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest ...
. The chain was started in 2009 by cardiac surgeon Naresh Trehan and Sunil Sachdeva.


History

In 2004, cardiac surgeon Naresh Trehan began working on Medanta, along with Sunil Sachdeva, after leaving Escorts Heart Institute. In June 2006,
Avenue Capital Group Avenue Capital Group is an American multinational investment firm focusing on distressed securities and private equity with regional teams focusing on opportunities in the United States, Europe and Asia. The firm operates as both a private equit ...
invested in the venture. In 2009, Medanta launched its first hospital, Medanta - The Medicity in
Gurgaon Gurgaon (), officially named Gurugram (), is a satellite city of Delhi and administrative headquarters of Gurgaon district, located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest ...
, a 1250-bed super-specialty hospital spread over 43 acres which was built at a cost of about . In 2013, private equity firm
Carlyle Group The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in ...
acquired Avenue Capital Group's 27% stake in Medanta for , valuing the company at . In 2015,
Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
-based
Temasek Holdings Temasek Holdings (Private) Limited ( ) is a Singaporean State ownership, state-owned multinational investment firm. Incorporated on 25 June 1974, Temasek has a net portfolio of US$288 billion (S$389 billion) as of 2024. Headquartered at Orchard ...
purchased
Punj Lloyd Punj Lloyd Limited is an Indian Engineering, procurement and construction (EPC) company providing services for energy, infrastructure and defense sectors. The company's operations are spread across the Middle East and Africa, Asia Pacific, So ...
's 17.74% stake in the company. In 2015, Medanta launched a 160-bed hospital in
Indore Indore (; ISO 15919, ISO: , ) is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. The commercial capital of the state, it has been declared as the List of cleanest cities in India, cleanest city of In ...
. Later that year, Medanta acquired the Abdur Razzaque Ansari Memorial Weavers' Hospital on the outskirts of
Ranchi Ranchi (; ) is the capital city and also the largest district by population of the Indian state of Jharkhand. Ranchi was the centre of the Jharkhand movement, which called for a separate state for the tribal regions of South Bihar, northern ...
from
Apollo Hospitals 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 eponym ...
. In 2018, Medanta opened a 200-bed hospital in
Sri Ganganagar Sri Ganganagar is the northernmost city of the Indian state of Rajasthan, near the international border of India and Pakistan. It is the administrative headquarters of Sri Ganganagar district. It is named after Maharaja Shri Ganga Singh Bahad ...
. In 2019, Medanta began operations of a 1000-bed, multi-specialty hospital in
Lucknow Lucknow () is the List of state and union territory capitals in India, capital and the largest city of the List of state and union territory capitals in India, Indian state of Uttar Pradesh and it is the administrative headquarters of the epon ...
called Medanta Avadh, which was constructed at a cost of . In 2019, it was reported that
Manipal Hospitals Manipal Health Enterprises, 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. P ...
had agreed to acquire Medanta for . However, the deal was called off later that year. In 2021, Medanta inaugurated the 500-bed Jay Prabha Medanta Super Specialty Hospital in
Patna Patna (; , ISO 15919, ISO: ''Paṭanā''), historically known as Pataliputra, Pāṭaliputra, is the List of state and union territory capitals in India, capital and largest city of the state of Bihar in India. According to the United Nations, ...
. In November 2022, Medanta launched its
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
.


Rankings


India rankings

* Medanta-The Medicity: 2nd rank, India's Best Hospital 2020 by
Newsweek ''Newsweek'' is an American weekly news magazine based in New York City. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century and has had many notable editors-in-chief. It is currently co-owned by Dev P ...
. * Medanta-The Medicity: 2nd rank, India's Best Hospital 2021 by Newsweek. * Medanta-The Medicity: 2nd rank, Best All India Multi Speciality Hospital Ranking 2022 by
Outlook (Indian magazine) ''Outlook'' is a weekly general interest English and Hindi news magazine published in India. History and profile ''Outlook'' was first issued in October 1995 with Vinod Mehta as the editor in chief. It is owned by the Rajan Raheja Group. Th ...
. * Medanta-The Medicity: 2nd rank, Best Cardiology Multi Speciality Hospital Ranking 2022 by
The Times of India ''The Times of India'' (''TOI'') is an Indian English-language daily newspaper and digital news media owned and managed by the Times Group. It is the List of newspapers in India by circulation, third-largest newspaper in India by circulation an ...
.


Global rankings

* Medanta-The Medicity: 132nd rank, World's Best Hospital 2022 by Newsweek.


Hospitals

Medanta Group has following hospitals : * Medanta – The Medicity Multi-Speciality Hospital,
Gurugram Gurgaon (), officially named Gurugram (), is a satellite city of Delhi and administrative headquarters of Gurgaon district, located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest o ...
* Medanta Super Speciality Hospital,
Lucknow Lucknow () is the List of state and union territory capitals in India, capital and the largest city of the List of state and union territory capitals in India, Indian state of Uttar Pradesh and it is the administrative headquarters of the epon ...
* Jay Prabha Medanta Super Specialty Hospital,
Patna Patna (; , ISO 15919, ISO: ''Paṭanā''), historically known as Pataliputra, Pāṭaliputra, is the List of state and union territory capitals in India, capital and largest city of the state of Bihar in India. According to the United Nations, ...
* Medanta Super Speciality Hospital,
Indore Indore (; ISO 15919, ISO: , ) is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. The commercial capital of the state, it has been declared as the List of cleanest cities in India, cleanest city of In ...
* Medanta Abdur Razzaque Ansari Memorial Weavers’ Hospital,
Ranchi Ranchi (; ) is the capital city and also the largest district by population of the Indian state of Jharkhand. Ranchi was the centre of the Jharkhand movement, which called for a separate state for the tribal regions of South Bihar, northern ...


Controversies

In 2012, a donor died during the
liver transplantation Liver transplantation or hepatic transplantation is the replacement of a diseased liver with the healthy liver from another person (allograft). Liver transplantation is a treatment option for end-stage liver disease and acute liver failure, al ...
operation despite the fact that a pre-operation medical report clearly stated that donor's liver "was not ideal for donation." In April 2013, the former
Chief Justice of India The chief justice of India (CJI) is the chief judge of the Supreme Court of India and the highest-ranking officer of the Indian judiciary. The Constitution of India grants power to the President of India to appoint, as recommended by the outg ...
J. S. Verma died from multiple organ failure at Medanta-The Medicity Hospital. The family of Jurist Verma alleged that he died due to medical negligence. Later, in 2014, the hospital and its team of doctors got the clean chit from the Delhi Medical Council. In 2014, a Junior doctor employed at Medanta Medicity in Gurgaon was apprehended on allegations of sexual assault and harassment against his sister. In 2018, a report was published in
The Wire (India) ''The Wire'' is an Indian nonprofit news and opinion website. It was founded in 2015 by Siddharth Varadarajan, Sidharth Bhatia, and M. K. Venu. It counts among the news outlets that are independent of the Indian government, and has bee ...
where it mentioned the role of India's
Ministry of Health and Family Welfare The Ministry of Health and Family Welfare (MoHFW) is an Government of India, Indian government Ministry (government department), ministry charged with health policy in India. It is also responsible for all government programs relating to family ...
took an arbitrary step and brokered a deal between the kin of a deceased boy who died in the Medanta hospital during treatment. The hospital was initially accused of overcharging and medical negligence. The reporter on this case writes, "Medanta used the opportunity to hush Gopendra (deceased boy's father) up completely and kill his criminal complaint against them. For now and in this case, the hospital appears to have succeeded." In 2019, the
Government of Jharkhand The Government of Jharkhand also known as the State Government of Jharkhand, or locally as State Government, is the supreme governing authority of the Indian state of Jharkhand and its Districts of Jharkhand, 24 districts. It consists of an exec ...
issued a directive to take legal action against the Medanta Abdur Razzaque Ansari Memorial Weavers' Hospital in
Ranchi Ranchi (; ) is the capital city and also the largest district by population of the Indian state of Jharkhand. Ranchi was the centre of the Jharkhand movement, which called for a separate state for the tribal regions of South Bihar, northern ...
for a suspected instance of
medical negligence Medical malpractice is a legal cause of action that occurs when a medical or health care professional, through a negligent act or omission, deviates from standards in their profession, thereby causing injury or death to a patient. The negligen ...
involving a kidney transplant; the doctors did not filter the blood before the transplant, thus the operation failed. When the public petition was being heard, the patient's relatives brought forward an allegation that the doctor who operated was putting pressure on them to retract the first information report they had filed against him at the
Ormanjhi Ormanjhi is a village in the Ormanjhi CD block in the Ranchi Sadar subdivision of Ranchi district, Jharkhand, India. Geography Location Ormanjhi is located at at an elevation of from mean sea level A mean is a quantity representing th ...
police station. In 2019,
Madhya Pradesh High Court The Madhya Pradesh High Court is the High Court of the state of Madhya Pradesh which is located in Jabalpur. It was established as the Nagpur High Court on 2 January 1936 by Letters Patent dated 2 January 1936, issued under Section 108 the '' ...
fined the Indore unit of the hospital , for failing to establish an internal complaints committee as required by Section 4(1) of the
Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 is a legislative act in India that seeks to protect women from sexual harassment at their place of work. It was passed by the Lok Sabha (the lower ho ...
. In June 2020, the
Enforcement Directorate The Enforcement Directorate (ED) is a law enforcement and economic intelligence agency of the Government of India. Established on 1 May 1956, it is responsible for enforcing economic laws and combating financial crimes. The ED operates under th ...
filed a
money laundering Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, sex work, terrorism, corruption, and embezzlement, and converting the funds i ...
case against the hospital, its chairman Naresh Trehan,
Atul Punj Atul Punj is an Indian businessman who is also chairman and managing director of Punj Lloyd. Education Punj graduated from Shri Ram College of Commerce, University of Delhi, in 1979 with a bachelor's degree in commerce. Award(s) Ernst & Young ...
and unidentified Haryana government officials for suspected irregularities in the hospital's 2004 land allocation. In 2021, the
District Collector The district magistrate, also known as the district collector or deputy commissioner, is a career civil servant who serves as the executive head of a district's administration in India. The specific name depends on the state or union territo ...
of
Indore Indore (; ISO 15919, ISO: , ) is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. The commercial capital of the state, it has been declared as the List of cleanest cities in India, cleanest city of In ...
ordered the closure of Indore's Medanta hospital-owned pharmacy store because "the hospital was not providing any information" to the
state State most commonly refers to: * State (polity), a centralized political organization that regulates law and society within a territory **Sovereign state, a sovereign polity in international law, commonly referred to as a country **Nation state, a ...
's Chief Medical Health Officer (CMHO). Earlier, an inquiry was initiated against an overcharging case by the same officer, but the hospital administration "did not pay heed to it."


Accidents

In 2017, an air ambulance from Medanta Hospital en route to
Bangkok Bangkok, officially known in Thai language, Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estim ...
was involved in a crash landing at Nakhon Phanom Airport, about 730 kilometers from the Thai capital, resulting in the pilot's death and injuring two medical professionals. In January 2022, a fire broke out in the
intensive care unit An intensive care unit (ICU), also known as an intensive therapy unit or intensive treatment unit (ITU) or critical care unit (CCU), is a special department of a hospital or health care facility that provides intensive care medicine. An inten ...
of Medanta's Indore hospital. However, there were no reports of any casualties. The hospital's fire alarm system did not appear operational, as the eyewitness stated.


References


External links


Medanta.org
{{Authority control Hospital networks in India Hospitals in Haryana Hospitals established in 2009 Companies based in Gurgaon Health care companies of India 2009 establishments in Haryana 2022 initial public offerings Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange The Carlyle Group companies