IHH Healthcare has announced a partnership between Fortis Healthcare and Gleneagles Healthcare, its Indian subsidiaries, aimed at strengthening business performance along with sustainable growth.
Through an operation and maintenance (O&M) services agreement, Fortis will oversee the operations of five hospitals within the Gleneagles India network, marking a pivotal move to strengthen IHH’s healthcare platform across India.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The collaboration is anticipated to improve clinical excellence, operational scale, and geographical reach.
Moreover, the agreement aims to preserve the talent and financial autonomy of each entity.
This partnership is poised to deliver patient-focused care by leveraging the complementary capabilities of both networks and is expected to unlock operational and financial synergies.
The execution of the agreement is subject to the acknowledgements from relevant parties and receipt of necessary approvals.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIHH Healthcare group CEO Dr Prem Kumar Nair said: “The O&M services agreement reflects our commitment to long-term growth in one of our most important markets, by deepening collaboration that will enhance patient care and outcomes and drive greater operational efficiencies.
“With our shared commitment and complementary strengths, we are creating a comprehensive pan-India hospital network to meet the evolving healthcare needs of millions across the country.”
Gleneagles Healthcare India operates six hospitals with more than 1,500 beds across Chennai, Mumbai, Bengaluru, and Hyderabad. It specialises in a wide range of medical disciplines, including cardiology, gastroenterology, and organ transplants.
Fortis Healthcare has 27 facilities and approximately 4,750 operational beds.
In April 2024, Fortis Healthcare expanded its reach by opening a new multi-speciality tertiary care hospital in Bengaluru, Karnataka.
