Max Healthcare Institute Limited is an Indian hospital chain based in
New Delhi and a part of
Max Group.
Max Healthcare owns and operates healthcare facilities across
Delhi National Capital Region, as well as one hospital each in
Mohali
Mohali, officially known as Sahibzada Ajit Singh Nagar, is a planned city in the Mohali district in Punjab (India), Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the Moh ...
,
Bathinda,
Dehradun
Dehradun () is the capital and the most populous city of the Indian state of Uttarakhand. It is the administrative headquarters of the eponymous district and is governed by the Dehradun Municipal Corporation, with the Uttarakhand Legislative As ...
, and
Mumbai.
History
Max Healthcare opened its first medical center in South Delhi's Panchsheel Park in 2000. The company opened two other secondary care centers in
Pitampura in North West Delhi and the eastern Delhi suburb of Noida in 2002.
In 2004, the company commissioned the East Block of its flagship tertiary care Hospitals called Max Hospital,
Saket in
South Delhi.
Max Healthcare ventured into
Gurgaon
Gurgaon (pronunciation: ¡ÊŠÉ½É¡Ã£Ëw, officially named Gurugram (pronunciation: ¡ÊŠÉ¾ÊŠÉ¡É¾aËm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...
, the South Western suburb of Delhi with a secondary care hospital in 2007.
In 2011, Max Healthcare entered into a
public–private partnership (PPP) agreement with the
government of Punjab, India and set up two hospitals in
Mohali
Mohali, officially known as Sahibzada Ajit Singh Nagar, is a planned city in the Mohali district in Punjab (India), Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the Moh ...
near
Chandigarh and in
Bathinda. In the same year, Max Healthcare commissioned its tertiary care hospital in Shalimar Bagh,
North West Delhi.
In 2015, Max Healthcare acquired Pushpanjali Crosslay Hospital in Vaishali,
Ghaziabad, and the Saket City Hospital in
Saket. These hospitals were subsequently rechristened as Max Hospital, Vaishali, and Max Smart Hospital, Saket.
A standalone oncology center called Max Cancer Centre was commissioned in
Lajpat Nagar, South Delhi in 2016.
In 2018,
Life Healthcare Group announced that it would sell its entire 49.7% stake in Max Healthcare and exit the joint venture with Max India.
In 2019, Radiant Lifecare acquired 49.7 percent stake in Max Health Institute Limited for Rs 2136 crore and Abhay Soi was made chairman. In 2020, Max Healthcare merged with Radiant Lifecare, which operated BLK Hospital in Central Delhi and the
Nanavati Hospital in Mumbai to emerge as the second-largest healthcare company by revenue.
The company listed on the
stock exchanges in August 2020. Between 2021 and 2022, co-promoter
KKR & Co. Inc. sold its entire stake in Max Healthcare. As a result, Abhay Soi became the sole promoter of the company with over 23% stake.
Awards
*Best HR Practise in Healthcare by Asia Healthcare Excellence Awards
*Best Use of AI in the Enterprise by
Economic Times Health World
*CII National Excellence Practice
*Award for Quality and Improvement
Controversy
During the outbreak of COVID 19, a controversy stirred about the charges exercised by the hospital for those who were positive. The hospital later clarified that those charges were inclusive of other charges.
References
External links
*{{Official website, http://www.maxhealthcare.in/
Health care companies established in 2000
Companies based in Delhi
Hospitals in Delhi
Hospitals established in 2000
Indian companies established in 2000
Health care companies of India
Hospital networks in India
2000 establishments in Delhi
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange