Manipal Hospitals is a chain of multi-specialty hospitals in India. It is founded by Dr. Tonse Madhav Ananth Pai in 1953, It is part of the Manipal Education system and Medical Group Its network is spread across 15 locations in India and it also holds an international presence through a branch in Malaysia named Manipal Hospitals Klang. In the year 2018, Manipal Hospitals and TPG Capital acquired Fortis Healthcare as part of a deal for Rs 3900 crore, including a 20 percent stake in SRL.
In 1953 Dr. Tonse Madhav Ananth Pai founded Manipals Hospital. Dr. Pai was an Indian doctor, educationist and philanthropist awarded by Padma Shri by the Government of India in 1972. He also founded Manipal Education system and Kasturba Medical College, Manipal. The first branch of Manipal Hospitals was started in 1991 in Bengaluru. The branch is a 600-bed Quaternary care facility and houses over 60 specialties. In 1997, Manipal Hospitals Mangalore was established, this 251-bed tertiary care hospital is named Kasturba Medical College, Manipal Hospital, which is India's first self-financing medical college.
In 2018, Former Indian cricketer, Rahul Dravid became the brand ambassador of Manipal Hospitals. Manipal Hospitals used IBM Watson for Oncology in 2016. Watson is the first commercially available cognitive computing cloud platform that analyzes high volumes of data understands complex queries and proposes evidence based answers for them. In April 2019 Manipal Hospitals purchased Medanta Hospitals shares for Rs 5,800 crore.