Fortis Healthcare appoints Prem Kumar Nair as Vice-Chairman of Board
New Delhi: Fortis Healthcare Limited appointed Prem Kumar Nair as the Vice-Chairman of the board of the company on Friday.
According to a PTI report, the company's board has approved the appointment of Nair as the Vice-Chairman of the board of the company, Fortis Healthcare said in a regulatory filing.
He was appointed Group Chief Executive Officer of IHH Healthcare on October 1, 2023.
Also Read:Gleneagles Healthcare rebrands hospital chain as 'Gleneagles Hospitals'
The company's board also recommended the re-appointment of Ashutosh Raghuvanshi as the Managing Director for a period of two years effective from March 19, 2025, the healthcare major said, news agency PTI reported.
IHH Healthcare had pipped rival Manipal-TPG combine in the race to acquire Fortis Healthcare.
Medical Dialogues team had earlier reported that Fortis Healthcare plans to invest up to Rs 1,300 crore in expanding capacities at its existing hospitals over the next few years, according to a senior company executive. The healthcare provider aims to add approximately 2,200 beds during this period.
"So, some of the capex has already been incurred in that (addition of bed capacity).
"Additional capex will be somewhere around Rs 1,200 crore to Rs 1,300 crore, which includes equipment also, everything put together," Fortis Healthcare CFO Vivek Goyal said in an analyst call.
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.