After Singh brothers’ alleged fraud, new Fortis CEO plans fixes
Fortis is now looking to squeeze spending in everything from energy-efficient light fixtures to automating its business analysis unit and even renegotiating doctors’ salaries.

Fortis is now looking to squeeze spending in everything from energy-efficient light fixtures to automating its business analysis unit and even renegotiating doctors’ salaries.
Fortis Healthcare Thursday said it has appointed Ashutosh Raghuvanshi as the Chief Executive Officer of the company effective from March 18, 2019. He will replace Bhavdeep Singh as the CEO of the company.
The hospital said Dr Emmanuel Rupert has been appointed MD & Group CEO in place of Dr Raghuvanshi. company.
The domestic expansion will be in Delhi-NCR and Narayana will be commissioning a 200-bed hospital in Gurugram in January, he said, adding the capacity will be ramped up to 350 beds over next one-and-a-half years.
The company has “entered into a definitive agreement to acquire 100 per cent stake in NewRise Healthcare Pvt Ltd from Panacea Biotec Ltd to announce its first hospital in Gurugram”, Narayana Hrudayalaya said in a BSE filing today.