Fortis Medicity to start phase-1 operations in second half of 2010

The Fortis Healthcare Medicity, the healthcare delivery and learning centre under development in Gurgaon, is all set to start its first phase of operations with three centres of excellence by October 2010. 

The project, which aims to set up a 1000 beds multi-specialty hospital and learning centre under the fast growing hospital chain - Fortis Healthcare Ltd, will have nearly 400 beds for three centres of excellence - Oncology, Trauma Care and Paediatric Care - in the first phase of operations, informed Shivinder Mohan Singh, managing director, Fortis Healthcare Ltd. 

The company, in January announced its plan to raise funds by way of issue of Equity Shares with warrants on a rights basis aggregating to Rs 1000 crore for its future operations including the Medicity project. The Medicity, comprising medical care facilities for all diseases - tertiary care super speciality hospitals conforming to international scale and standards and education and training facilities for all types of medical and health personnel, is coming up in a space of 1500000 sq ft at Gurgaon, Delhi. The company has christened the Medicity as Fortis Healthcare international Institute of Medical Sciences (FIIMS).