1

Max Healthcare

Max Healthcare
Leadership team

Mr. Abhay Soi (Chairman & MD)

Mr. Yogesh Kumar Sareen (Sr. Director & CFO)

Dr. Mradul Kaushik (Sr. Director of Operations & Planning and COO of Cluster 1)

Products/ Services
Health Care, Hospital, Medical
Number of Employees
1,000 - 20,000
Headquarters
Ghaziabad, Uttar Pradesh, India
Established
2000
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
NSE:MAXHEALTH
Social Media
Overview
Location
Summary
Max Healthcare Institute Limited provides healthcare services in India. It offers services in various specialties, including cancer care/oncology, cardiac sciences, neuro sciences, liver transplant and biliary sciences, orthopaedics, nephrology, kidney transplant, bone marrow transplant, bariatric/weight loss surgery, minimal access/laparoscopic surgery, urology, gastroenterology, and aesthetic and reconstructive surgery. The company also provides Max@Home, a platform that offers health and wellness services at home; and MaxLab, which provides diagnostic services to patients outside its network of hospitals through various channels comprising third-party hospital laboratory management. It operates through a network of 17 healthcare facilities, including eight hospitals and four medical centres in Delhi and National Capital Region region, with the remaining located at Mumbai in Maharashtra; Mohali and Bathinda in Punjab; and Dehradun in Uttrakhand. The company is based in Gurugram, India.
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, the South Western suburb of Delhi with a secondary care hospital in 2007.In 2011, Max Healthcare entered into a public–private partnership agreement with the government of Punjab, India and set up two hospitals in Mohali 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.

Mission
Max Healthcare is dedicated to delivering high quality and cost effective medical care to its patients by delivering prompt, compassionate and evidence-based care of international standards through a team of highly competent and motivated professionals.
Vision
Max Healthcare envisions to become the most admired healthcare group in India through a combination of clinical excellence, technology leadership and innovative patient-centric services.
Key Team

Mr. Abhishek Agarwal (Gen. Mang. of Corp. Fin.)

Mr. Prashant Singh (Director of Information Technology & Chief Information Officer)

Mr. Rakesh Kumar Kaushik (Director of Legal, Regulatory Affairs & Corp. Affairs and Interim Compliance Officer)

Mr. Umesh Gupta (Sr. Director - HR & Chief People Officer)

Mr. Anas Abdul Wajid (Sr. Director and Chief Sales & Marketing Officer)

Dr. Pradeep Kumar Chowbey (Chairman of MAMBS)

Dr. Sanjiv K. S. Marya (Chairman & Chief Surgeon of Orthopaedics and Joint Replacement)

Recognition and Awards
Max Healthcare has been the recipient of various awards including the “Best Multi-specialty Chain of Hospitals” by the Economic Times, “Healthcare Excellence Award” by Franchise India, and “Outstanding Contribution to Healthcare” by the Healthcare Federation of India.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Max Healthcare
Leadership team

Mr. Abhay Soi (Chairman & MD)

Mr. Yogesh Kumar Sareen (Sr. Director & CFO)

Dr. Mradul Kaushik (Sr. Director of Operations & Planning and COO of Cluster 1)

Products/ Services
Health Care, Hospital, Medical
Number of Employees
1,000 - 20,000
Headquarters
Ghaziabad, Uttar Pradesh, India
Established
2000
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
NSE:MAXHEALTH
Social Media