Fortis Healthcare Ltd., one of India's leading private chains of hospitals announced its first foray into the International healthcare market. Fortis, through one of its wholly owned subsidiary, has joined hands with a diversified Mauritian Industrial Group CIEL, through its subsidiary Novelife Limited, to acquire jointly a controlling stake in Mauritius's largest private hospital, Clinique Damé, now rechristened Fortis Clinique Dame.
Fortis Clinique Dame is one of the most modem medical centres in Mauritius, combining the traditions of dedicated personal care with hi-tech facilities and offering wide range of general and specialized medical services in a caring and friendly environment. Fortis plans to use this strategic entry into Mauritius to spread its footprints in developed markets and replicate its successful business model.
According to a Fortis press release, the company has also taken over the operations and management of the hospital and plans to develop the hospital into a large super specialty hospital in the region. Fortis Clinique Dame has adequate potential for growth keeping in mind its six acre property and the size of the market in Mauritius and neighboring countries.
Mauritius Healthcare is dominated by public sector hospitals, community and health centres that are under-equipped in terms of infrastructure and medical skills. Many Mauritians have to travel to other countries for high end treatment. This would enable Fortis to leverage Medical Value Travel by creating a gateway to Fortis Network of hospitals within India, as also develop Fortis Clinique Dame as a hub for Medical Tourism m Mauritius. Mauritius, with nine lakhs tourists visiting every year, presents ample opportunity to promote medical tourism for elective procedures and minor surgeries
Fortis, through this acquisition will get a seamless entry into Mauritius where majority of the population is of Indian origin. Fortis Clinique Dame is evenly poised to leverage Fortis' expertise and experience of operating super specialty hospitals to upgrade the clinical level of its medical programme to tertiary care and grow significantly in size. Focus, with its wide network of telemedicine in African countries, would also help evolve Fortis Clinique Dame as a super specialty centre for neighbouring countries.
Commenting on the occasion, Shivinder Mohan Singh, CEO and managing director, Fortis Healthcare Ltd. said, "This deal marks Fortis's first foray internationally. We are very excited about this opportunity to work with our partners to develop tertiary level quality healthcare in the Mascareignes region. This deal is a clear indication of India's rise in the International healthcare space and we are privileged to be leading that transformation.
Fortis Clinique Dame, with an installed bed capacity of 120 beds, is the Leading private hospital in Mauritius. The hospital is located in the populated up-market locality of Floreal, Curepipe and surrounded by residential localities. The location is central and accessible from all parts of Mauritius. Spread over six acres of land, the hospital offers scope of expanding the bed capacity. The hospital offers services in various multi specialties including Cardiac, Orthopaedics and Neuro Sciences. It is the only private hospital in Mauritius that undertakes cardiac surgeries.
CIEL Group is an industrial and investment Mauritius-based group operating in the Indian Ocean and Sub-Saharan Africa. With a turnover of more than USD 310m and 22000 employees.
Fortis Healthcare Limited was incorporated ii the year 1996. It was founded on the vision of creating an integrated healthcare delivery system Based in Delhi, FHL, which acquired Escorts Heart Institute and Research Centre Limited in September 2005, has operations in Delhi, Jaipur, Noida, Mohali (Chandigarh), Amritsar, Faridabad, Chennai, and Raipur.