1.

Our growth strategy depends on our ability to build, acquire and manage additional
hospitals which may in some cases be funded from the proceeds of this Issue. We also may
expand, improve and augment our existing hospitals.
2. Our agreements with doctors typically include mutual termination provisions with prior
notice of one to six months, or in some cases on the payment of compensation to or from
the doctor, typically determined as compensation of one to six months.
3. Our arrangements with some of our doctors may give rise to conflicts of interest and time-
allocation constraints
4. and adversely affect our operations.
5. Our contracts and other arrangements with some of our multi-specialty doctors, primarily
those who provide
6. non-core specialty services such as dentistry and ophthalmology on a part-time basis, also
permit them to
7. maintain their own private practices, as well as positions at a limited number of other
hospitals. Certain of our
8. most senior doctors may also maintain positions at local clinics or affiliations with teaching
hospitals. These
9. arrangements may give rise to conflicts of interest, including with regard to how these
doctors allocate their
10. time and other resources between our hospitals and other clinics or hospitals at which they
work and where
11. doctors refer patients. Such conflicts may prevent us from providing a high quality of service
at our hospitals
1. and adversely affect the level of our patient intake

Further, if a dispute occurs between us and the owner of a hospital or the owner encounters
financial difficulties, we may not receive fees owed to us or costs borne by us in relation to the
operation and management of the hospital and satellite and heart command centers.

http://www.ibscdc.org/how-to-order.asp

http://www.slideshare.net/sanchitjain85/fortis-healthcare

http://www.slideshare.net/msitpro/microsoft-india-fortis-healthcare-case-study

http://www.expresshealthcaremgmt.com/200604/coverstory01.shtml

http://content.icicidirect.com/mailimages/ICICIdirect_FortisHealthcare_Q1FY11.pdf

http://www.slideshare.net/wecareindia/medical-tourism-india-low-cost-fortis-hospital-noida-
surgery-in-india

http://www.slideshare.net/wecareindia/fortis-hospital-delhi-in-india-types-of-surgery-cost-in-india

http://www.sebi.gov.in/dp/for.pdf