Company Directory - Medanta
Company Details - Medanta
Medanta
India
Medanta is a leading private healthcare provider in India, known for its advanced medical technology and high-quality patient care. It offers a wide range of services across multiple specialties, including cardiology, orthopedics, and neurology, aiming to provide comprehensive healthcare solutions.
CCI Score
CCI Score: Medanta
-20.99
Latest Event
Medanta's Hush Money Settlement Practice Undermines Patient Rights
Medanta pressured a bereaved family into withdrawing a police complaint by offering a refund for a patient's treatment, effectively using hush money to silence legal pursuit. This event highlights unethical business practices that compromise patient rights and accountability in the private healthcare sector.
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ACCOMPLICE
Medanta is currently rated as an Accomplice.
Latest Events
- MAR012023
Medanta pressured a bereaved family into withdrawing a police complaint by offering a refund for a patient's treatment, effectively using hush money to silence legal pursuit. This event highlights unethical business practices that compromise patient rights and accountability in the private healthcare sector.
-70
Business Practices and Ethical Responsibility
June 8
Medanta’s action of using a refund offer to induce a patient’s family to withdraw a legal complaint is indicative of unethical business practices. Such tactics undermine patient rights and reflect a broader culture in private healthcare where financial inducements are used to avoid accountability, standing in opposition to progressive, patient-first values.
Fortis, Medanta 'Refunds' and Hush Money Undercut Patient Rights
- JUN102020
Medanta publicly dismissed allegations of corruption, money laundering, and extortion following an FIR against its chairman and other officials. The hospital described the allegations as 'absurd, malicious and false' and criticized the role of RTI activists, characterizing them as extortionists using their platform for personal gain.
-40
Public and Political Behavior
June 8
Medanta’s public dismissal of serious allegations and its framing of RTI activists as extortionists represents a deflection from accountability. This rhetoric undermines legitimate oversight, contributing to an environment where corporate malfeasance is downplayed, which aligns with authoritarian narratives that eschew transparency and accountability.
- AUG222015
Medanta was awarded the public-private partnership project to develop a 500-bed super-specialty hospital in Patna, Bihar. The concession agreement was signed on August 22, 2015 after a competitive bidding process, in which Medanta offered the highest annual concession fee, supporting improved access to advanced and affordable healthcare in a low-income region.
+50
Public and Political Behavior
June 8
Medanta’s engagement in a PPP project that enhances access to tertiary healthcare in Bihar reflects a positive public and political behavior, supporting marginalized communities by partnering with government initiatives to address systemic healthcare gaps.
+40
Business Practices and Ethical Responsibility
June 8
The competitive bidding process, where Medanta offered the highest concession fee to secure the PPP contract, demonstrates fair business practices and ethical responsibility by aligning its commercial interests with public health improvements.
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