Thenaade at 04:35, 16 April 2026

2026-04-16T04:35:08Z

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{{short description|Indian hospital chain}}
{{Use dmy dates|date=November 2022}}
{{Use Indian English|date=November 2022}}
{{Infobox company
| logo = Manipal Hospitals (logo).png
| image =
| image_size =
| image_caption = [[Hospital]] in [[Bangalore, India]]
| type = [[Privately held company|Private]]
| industry = [[Healthcare]]
| products = [[Hospitals]], [[Pharmacy]], [[Medical diagnosis|Diagnostic centre]]s
| founded = {{Start date and age|1953}}
| founder = [[T. M. A. Pai]]
| num_locations = 37 (2022)
| key_people = {{Unbulleted list | [[Ranjan Pai]] (Group chairman) | [[H. Sudarshan Ballal]] (Chairman)|Dilip Jose (CEO & MD)<ref name=pune/> }}
| hq_location = [[Bangalore]], [[Karnataka]], India
| revenue = {{increase}} {{INRConvert|8242|c}} (FY25)<ref name="Revenue"/>
| operating_income = {{increase}} {{INRConvert|2126|c}} (FY25)<ref name="Revenue">{{cite news |title=India Ratings Places Manipal Health Enterprises’s Bank Facilities on Rating Watch with Developing Implications |url=https://www.indiaratings.co.in/pressrelease/77985 |date=21 July 2025 |work=India Ratings and Research |language=en}}</ref>
| owner = {{ubl|[[Temasek Holdings]] (51%)<ref>{{cite news |title=Temasek sells 8% stake in Manipal Health to Mubadala, others |url=https://www.livemint.com/companies/news/temasek-sells-8-stake-in-manipal-health-to-mubadala-others-11706878825028.html |access-date=17 June 2024 |work=Mint}}</ref>
|Manipal Group (31%)
|[[TPG Inc.|TPG Asia]] (10%)<ref>{{cite news |title=Manipal Hospitals’ $1 Billion IPO: A Game-Changer for India’s Healthcare Landscape?|url=https://kenthospitals.com/business/manipal-hospitals-ipo-analysis/|access-date=10 January 2025 |work=kenthospitals|language=en}}</ref>
|[[Mubadala]], [[Novo Holdings A/S]], [[CalPERS]] (8%)}}
| divisions = [[AMRI Hospitals]]<br>Medica Hospitals
| website = {{URL | www.manipalhospitals.com}}
}}
'''Manipal Health Enterprises''',<ref>{{cite news |last1=Das |first1=Sohini |title=Manipal Health may launch IPO after deal to buy AMRI Hospitals |url=https://www.business-standard.com/article/companies/manipal-health-may-launch-ipo-after-rs-35-000-cr-deal-to-buy-amri-hospitals-122101300517_1.html |access-date=13 November 2022 |work=Business Standard |date=13 October 2022 |language=en}}</ref> commonly known as '''Manipal Hospitals''',<ref>{{Cite web |last=Bell |first=Jamie |date=2024-12-10 |title=Manipal Hospitals successfully performs eastern India's first AI-powered wireless pacemaker insertion |url=https://cardiacrhythmnews.com/manipal-hospitals-successfully-performs-eastern-indias-first-ai-powered-wireless-pacemaker-insertion/ |access-date=2024-12-16 |website=Cardiac Rhythm News |language=en-GB}}</ref> is an Indian [[For-profit hospital|for-profit]] [[Private hospital|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.<ref>{{Cite web |title=Forbes India - How Ranjan Pai Is Striving To Make Manipal Hospitals India's Biggest Health Care Player |url=https://www.forbesindia.com/article/2022-billionaires/how-ranjan-pai-is-striving-to-make-manipal-hospitals-indias-biggest-health-care-player/75997/1 |access-date=2022-05-29 |website=Forbes India |language=en}}</ref> Manipal Hospitals is the second largest healthcare provider in India,<ref>{{cite web |title=Manipal takes over Columbia Asia, emerges second largest healthcare chain |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/manipal-takes-over-columbia-asia-emerges-second-largest-healthcare-chain/articleshow/82324255.cms |website=The Economic Times}}</ref> with a [[Business networking|network]] of 33 hospitals.<ref name=pune>{{cite news |title=Manipal Hospitals expands footprint with new facility in Pune |url=https://www.financialexpress.com/healthcare/news-healthcare/manipal-hospitals-expands-footprint-with-new-facility-in-pune/2623622/ |access-date=26 November 2022 |work=Financial Express |language=en | first=Geeta | last=Nair | date=16 August 2022}}</ref> Manipal Hospitals is part of the Manipal Education and Medical Group.<ref>{{cite news |last1=Vinayak |first1=A. J. |title=Manipal Hospitals: Big buys, big league |url=https://www.thehindubusinessline.com/specials/corporate-file/manipal-hospitals-big-buys-big-league/article35390918.ece |access-date=13 November 2022 |work=The Hindu Business Line |date=18 July 2021 |language=en}}</ref>

==History==
In 1953, [[T. M. A. Pai]] founded [[Kasturba Medical College]] in coastal Karnataka. The college operated as a public-private partnership utilizing the government hospitals in [[Mangalore]]. Dr. Pai was an Indian [[Physician|doctor]], [[educationist]], and [[philanthropist]] who was awarded the [[Padma Shri]] by the Government of India in 1972.<ref>{{cite news |title=The Education Barons Of Manipal |url=https://www.businessworld.in/article/The-Education-Barons-Of-Manipal/08-11-2014-59647/ |access-date=14 November 2022 |work=Businessworld |language=en}}</ref>

The first branch of Manipal Hospitals was established in [[Bangalore]] in 1991. This branch is a 600-bed [[quaternary care]] facility that houses over 60 specialties. In 1997, Manipal Hospitals, Mangalore, was established. This 251-bed tertiary care hospital named [[KMC Hospital, Mangalore|KMC Hospital]], a teaching hospital for Kasturba Medical College, Mangalore.<ref>{{cite web |title=Hospital {{!}} Kasturba Medical College, Mangalore - Manipal Academy of Higher Education |url=https://manipal.edu/kmc-mangalore/hospital.html |website=manipal.edu}}</ref>

In April 2021, Manipal Hospitals announced the sale of its only hospital outside India, [[Manipal Hospitals Klang|Manipal Hospital Klang in Malaysia]], to [[Ramsay Health Care|Ramsay Sime Darby Health Care]] for {{INRConvert|700|c|year=2020|mode=historical}}.<ref>{{cite news |title=Manipal Health sells its Malaysian hospital to Ramsay Sime Darby Healthcare |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/ramsay-sime-darby-health-care-acquires-manipal-hospitals-klang-malaysia/articleshow/81982967.cms |access-date=3 February 2023 |work=The Economic Times |date=10 April 2021}}</ref>

In 2021, Manipal Hospitals acquired [[Columbia Asia]]'s 11 hospitals in India for {{INR}}2,100 crore.<ref>{{Cite news|date=2021-04-30|title=Manipal Hospitals completes acquisition of Columbia Asia|language=en-IN|work=The Hindu|url=https://www.thehindu.com/business/Industry/manipal-hospitals-completes-acquisition-of-columbia-asia/article34450049.ece|access-date=2021-10-29|issn=0971-751X}}</ref><ref>{{cite news |title=Manipal Hospitals set to acquire Columbia Asia Hospitals for ₹2,100 cr |url=https://www.thehindu.com/business/Industry/manipal-hospitals-set-to-acquire-columbia-asia-hospitals-for-2100-cr/article33001760.ece |access-date=14 November 2022 |work=The Hindu |date=2 November 2020 |language=en-IN}}</ref> All Columbia Asia hospitals were later [[rebranded]] as Manipal Hospitals.<ref>{{cite news |title=Columbia Asia rebranded as Manipal Hospitals |url=https://timesofindia.indiatimes.com/business/india-business/columbia-asia-rebranded-as-manipal-hospitals/articleshow/87787987.cms |access-date=3 February 2023 |work=The Times of India |date=19 November 2021}}</ref> In 2021, Manipal Hospitals acquired Vikram Hospital in Bangalore for {{INR}}350 crore.<ref>{{cite web |title=Manipal Hospitals acquires Vikram Hospital for ₹350 crore |url=https://www.thehindu.com/news/cities/bangalore/manipal-hospitals-acquires-vikram-hospital-for-350-crore/article34714746.ece |website=The Hindu |language=en-IN |date=3 June 2021}}</ref>

In 2022, Manipal Hospitals group company Manipal HealthMap acquired a majority stake in diagnostics company Medcis PathLabs.<ref>{{cite news |title=Manipal Hospitals group acquires Hyderabad-based Medcis PathLabs |url=https://www.moneycontrol.com/news/business/mergers-acquisitions/manipal-hospitals-group-acquires-hyderabad-based-medcis-pathlabs-8318811.html |access-date=13 November 2022 |work=Moneycontrol |language=en}}</ref>

In 2023, [[Temasek Holdings]]-backed Sheares Healthcare India acquired a 41% stake in Manipal Hospitals for about {{INRConvert|16000|c}}, increasing its shareholding to 59% and becoming the [[Controlling interest|controlling stakeholder]] in the hospital chain. The acquisition valued the hospital chain at around {{INRConvert|40000|c}}.<ref>{{cite news | title=Singapore's Temasek buys majority stake in Manipal Hospitals for $2 billion |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/temasek-buys-majority-stake-in-manipal-hospitals/articleshow/99313658.cms |access-date=8 April 2023|work=Economic Times |date=8 April 2023|language=en}}</ref>

In 2023, Manipal Hospitals acquired an 84% controlling stake in [[AMRI Hospitals]] for {{INRconvert|2300|c}}.<ref>{{cite news |title=Manipal Hospitals acquire 84% stake in Emami Group's firm AMRI Hospitals for Rs 2300 cr |url=https://www.cnbctv18.com/business/companies/manipal-hospitals-acquire-84-percent-stake-in-emami-group-firm-amri-hospitals-for-rs-2300-cr-17847531.htm |access-date=2 December 2023 |work=CNBC TV18 |date=21 September 2023 |language=en}}</ref>

In April 2024, Manipal Hospitals acquired 87% stake in Medica Synergie Hospitals for ₹1,400 crore.<ref>{{cite web |last1=Pal |first1=Priyasi |title=Manipal Hospitals Acquires Medica Synergie, Solidifying Presence in Eastern India |url=https://www.brutimes.com/news/business/manipal-hospitals-acquires-medica-synergie-solidifying-presence-in-eastern-indiav |website=Bru Times News |language=en}}</ref><ref>{{cite web |title=Manipal Hospitals acquires majority stake in Medica Synergie |url=https://www.thehindu.com/news/national/karnataka/manipal-hospitals-acquires-majority-stake-in-medica-synergie/article68122660.ece |website=The Hindu |language=en-IN |date=29 April 2024}}</ref>

In July 2025, Manipal Health acquired a majority stake in [[Sahyadri Hospitals]] from Canada's [[Ontario Teachers' Pension Plan]] for ₹6,400 crore (approximately US$775 million).<ref>{{Cite news |date=9 July 2025 |title=Ontario Teachers’ announces sale of Sahyadri Hospitals |url=https://www.otpp.com/en-ca/about-us/news-and-insights/2025/ontario-teachers-announces-sale-of-sahyadri-hospitals/ |url-status=live |archive-url=https://web.archive.org/web/20250710091409/https://www.otpp.com/en-ca/about-us/news-and-insights/2025/ontario-teachers-announces-sale-of-sahyadri-hospitals/ |archive-date=10 July 2025 |access-date=9 July 2025 |website=[[Ontario Teachers' Pension Plan]] |language=English |location=[[Mumbai]]}}</ref><ref>{{Cite news |last=Bhalla |first=Mohit |last2=Balakrishnan |first2=Reghu |date=10 Jul 2025 |title=Manipal Health buys Sahyadri Hospitals for Rs 6,400 crore |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/manipal-health-buys-sahyadri-hospitals-for-rs-6400-crore/articleshow/122348011.cms?from=mdr |url-status=live |archive-url=https://web.archive.org/web/20250710092005/https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/manipal-health-buys-sahyadri-hospitals-for-rs-6400-crore/articleshow/122348011.cms?from=mdr |archive-date=10 July 2025 |access-date=10 July 2025 |work=[[The Economic Times]] Jul 10, 2025, 12:14:00 AM IST}}</ref>

==Gallery==
<gallery>
File:KMC Hospital near Jyothi circle in Mangalore - 1.jpg|[[KMC Hospital, Mangalore|KMC Hospital]], Mangalore
File:World Trade Center, Orion Mall, Bangalore..jpg|Manipal Hospital beside [[World Trade Center Bangalore]]
File:Columbia Asia Hospital, Mysore.jpg|Manipal Hospital, Mysore
</gallery>

==See also==
* [[Manipal Academy of Higher Education]]
* [[Sikkim Manipal University]]
* [[Manipal Foundation]]

==References==
{{reflist|2}}

==External links==
* {{official|https://www.manipalhospitals.com/}}

[[Category:Manipal Education and Medical Group]]
[[Category:Hospital networks in India]]
[[Category:Indian organisations established in 1953]]
[[Category:Hospitals established in 1953]]
[[Category:Companies based in Bengaluru]]

Manipal Hospitals - Revision history

Thenaade at 04:35, 16 April 2026