Manipal Hospitals

Manipal Hospitals
Company typePrivate
IndustryHealthcare
Founded1953; 71 years ago (1953)
FounderT. M. A. Pai
HeadquartersBangalore, Karnataka, India
Number of locations
33 (2022)
Key people
ProductsHospitals, Pharmacy, Diagnostic centres
RevenueIncrease 4,806 crore (US$580 million) (FY23)[2]
Increase 1,279 crore (US$150 million) (FY23)[2]
Owner
DivisionsAMRI Hospitals
Medica Hospitals
Websitewww.manipalhospitals.com

Manipal Health Enterprises,[5] 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. Pai in 1953.[6] Manipal Hospitals is the second largest healthcare provider in India,[7] with a network of 33 hospitals.[1] Manipal Hospitals is part of the Manipal Education and Medical Group.[8]

  1. ^ a b Nair, Geeta (16 August 2022). "Manipal Hospitals expands footprint with new facility in Pune". Financial Express. Retrieved 26 November 2022.
  2. ^ a b "India Ratings Upgrades Manipal Health Enterprises' Bank Facilities to 'IND AA'/Stable; Rates Additional Limits". India Ratings and Research. Retrieved 14 December 2023.
  3. ^ "Temasek sells 8% stake in Manipal Health to Mubadala, others". Mint. Retrieved 17 June 2024.
  4. ^ "Confirmed: Singapore's Temasek to pick up 41% stake in Manipal Hospitals". Moneycontrol. Retrieved 10 April 2023.
  5. ^ Das, Sohini (13 October 2022). "Manipal Health may launch IPO after deal to buy AMRI Hospitals". Business Standard. Retrieved 13 November 2022.
  6. ^ "Forbes India - How Ranjan Pai Is Striving To Make Manipal Hospitals India's Biggest Health Care Player". Forbes India. Retrieved 29 May 2022.
  7. ^ "Manipal takes over Columbia Asia, emerges second largest healthcare chain". The Economic Times.
  8. ^ Vinayak, A. J. (18 July 2021). "Manipal Hospitals: Big buys, big league". The Hindu Business Line. Retrieved 13 November 2022.