Altius Hospitals - Comprehensive Analysis Report
Summary
Altius Hospitals represents two distinct healthcare entities operating independently in Indonesia and India. Altius Hospitals (Indonesia), established in 2023 and opening in August 2024, is a multi-specialty general hospital in Bekasi, Indonesia, founded by healthcare professionals with a mission for patient-centered care and a vision to excel in high-standard healthcare delivery. It emphasizes specialty care in Obgyn & Pediatrics, Orthopedics, and Cardiology, leveraging advanced technology.
Altius Hospitals Private Limited (India), incorporated in 2010 and founded in 2004 by Dr. Ramesh Bettaiah, is a multi-specialty hospital headquartered in Bangalore, Karnataka. Starting as an obstetrics & gynaecology specialist, it evolved into an integrated healthcare provider focusing on comprehensive heart care, emergency services, and dialysis. Its vision is to deliver empathetic, affordable, high-quality healthcare, aiming to positively impact one million Indians. Both entities share a commitment to high-quality medical practices and patient well-being, yet operate with distinct financial structures and market focuses.
1. Strategic Focus & Objectives
Core Objectives
Altius Hospitals (Indonesia)
- Provide superior healthcare by prioritizing patient experience and adopting excellent medical practices.
- Commit to building a team of highly skilled medical professionals.
- Contribute positively to the local community's health and well-being.
- Lead and excel in delivering healthcare services of the highest standards.
Altius Hospitals (India)
- Deliver a patient-centric, care-focused healthcare experience.
- Maintain high standards of care and service excellence.
- Bring a positive impact to people's lives through empathetic, affordable, high-quality healthcare.
- Positively affect at least one million Indians over the next decade.
Specialization Areas
Altius Hospitals (Indonesia)
- Obstetrics & Gynecology (Obgyn) & Pediatrics
- Orthopedics
- Cardiology
- Emergency services, NICU, and PICU facilities.
Altius Hospitals (India)
- Comprehensive Heart Care
- 24/7 Emergency Services
- Dialysis Treatment
- Extensive Outpatient Treatments
- IVF & Maternity care (historical core, now part of multi-specialty)
Target Markets
Altius Hospitals (Indonesia)
- Local community in Kota Harapan Indah, Bekasi, Indonesia, and surrounding regions requiring multi-specialty general hospital services, with a focus on families, expectant mothers, children, and orthopedic and cardiac patients.
Altius Hospitals (India)
- Patients in Bangalore, Karnataka, and surrounding areas seeking multi-specialty medical care, including those needing advanced cardiac care, emergency services, dialysis, and a wide array of outpatient services, with a specific long-term aspiration to serve a million Indians.
2. Financial Overview
Funding History
Altius Hospitals (India)
Altius Hospitals Private Limited is an unfunded company.
- Authorized Capital: ₹5.00 Million (as of December 21, 2025)
- Paid-up Capital: ₹0.60 Million (as of December 21, 2025)
- Open Charges: ₹28.45 Crore
- Settled Loans: None recorded
- Latest AGM: September 30, 2024
- Balance Sheet Filed: March 31, 2024
- FY 2024 Performance:
- Revenue Growth: -3.48%
- Profit Growth: 24.32%
- EBITDA: -267.39%
- Net Worth Growth: -3.48%
Note: Financial information for Altius Hospitals (Indonesia) is not explicitly provided in the available data.
3. Product Pipeline
Key Products/Services
Altius Hospitals (Indonesia)
- Multi-specialty General Hospital Services: Covering a broad spectrum of medical needs.
- Obstetrics & Gynecology (Obgyn) & Pediatrics: Comprehensive care for women and children.
- Orthopedics: Specialized care for musculoskeletal conditions.
- Cardiology: Advanced cardiac diagnostic and treatment services.
- Radiology Services: Including Bone Mineral Densitometry, CT Scan, Digital X-Ray, and Ultrasound Scan.
- Laboratory Services: Full-range diagnostics, including Blood Bank and Clinical Histopathology.
- Emergency and Critical Care: Equipped with NICU, ER & Ambulance, and PICU.
Altius Hospitals (India)
- Comprehensive Heart Care: Specialized in cardiac treatments, supported by advanced Cath Lab technology.
- 24/7 Emergency Services: Round-the-clock medical attention for urgent conditions.
- Dialysis Treatment: Services for patients requiring renal dialysis.
- Outpatient Treatments: A wide array of services catering to various medical conditions that do not require hospitalization.
- Multi-specialty Medical Care: An integrated model encompassing various medical disciplines.
- Maternity and IVF Care: Part of its historical foundation and ongoing services.
4. Technology & Innovation
Technology Stack
Altius Hospitals (Indonesia)
- Advanced Medical Technology: Utilized across various specialties to support patient care.
- Cath Lab: State-of-the-art facility for cardiac interventions and diagnostics.
- Radiology Equipment: Includes Bone Mineral Densitometry, Computed Tomography (CT) Scan, Digital X-Ray, and Ultrasound Scan.
- Laboratory Equipment: Comprehensive services for blood analysis and histopathology.
Altius Hospitals (India)
- Cutting-Edge Technology: Emphasized for delivering high-quality patient care.
- GE – IGS 520 Cath Lab: State-of-the-art facility for advanced cardiac care.
- 3D Laparoscopic Surgical Techniques: Pioneered by the founder in gynaecology, indicating early adoption of advanced minimally invasive procedures.
5. Leadership & Management
Executive Team
Altius Hospitals (Indonesia)
- Dr. Hartoyo Sutandar: Founder (Visionary Role)
- Professional Background: Pioneer in Indonesian cardiology from the 1980s. Developed the field of cardiology in Indonesia and taught at universities like the University of Indonesia.
- Key Contributions: Envisioned a hospital that could make a greater impact on patients' lives, serving as the genesis of Altius Hospitals (Indonesia).
Altius Hospitals (India)
- Dr. B. Ramesh: Founder & Medical Director, Director
- Professional Background: Internationally acclaimed gynaecologist with extensive experience as faculty at national and international conferences and workshops.
- Notable Achievements: Performed over 100,000 major Gynae Laparoscopic Surgeries. Recognized as the first gynaecologist to perform 3D laparoscopic surgeries in India.
- Shreyas Santhemavathur Ramesh: Director
Recent Leadership Changes
Altius Hospitals (India)
- Past Directors: Gowda Jagadish Bidanagere Channathimme and Shobha Bidanagere Chennathimmaiah were formerly part of the leadership team.
6. Talent and Growth Indicators
Hiring Trends and Workforce
Altius Hospitals (India)
- Current Workforce: Employs 28 professionals.
- Company Age: 15 years and 4 months (as of December 21, 2025).
Note: Specific hiring trends or workforce numbers for Altius Hospitals (Indonesia) are not explicitly detailed in the provided information, beyond a commitment to building a team of highly skilled medical professionals.
7. Social Media Presence and Engagement
Digital Footprint
Altius Hospitals (Indonesia)
- Instagram page: [https://www.instagram.com/altiushospitals/](https://www.instagram.com/altiushospitals/)
- YouTube Channel: [https://www.youtube.com/@altiushospitals](https://www.youtube.com/@altiushospitals)
Altius Hospitals (India)
- LinkedIn Company Page: [https://www.linkedin.com/company/altius-hospital-bangalore/](https://www.linkedin.com/company/altius-hospital-bangalore/)
8. Competitive Analysis
Major Competitors
Altius Hospitals (India)
- Operates within a competitive healthcare landscape with 283 active competitors.
- Notable competitors include major healthcare chains like Max Healthcare, Manipal Hospitals, and Medanta.
Note: Specific competitive analysis details for Altius Hospitals (Indonesia) are not provided.
9. Operational Insights
Altius Hospitals (India)
- Current Market Position: Operates as a multi-specialty private limited company in Bangalore, India, with a focus on an integrated model of care.
- Competitive Advantages: Emphasis on quality across all aspects (medical treatments, patient care), excellence in medical innovation, personalized patient care, and staff expertise. The founder's pioneering work in 3D laparoscopic surgeries also highlights specialized capabilities.
- Operational Strengths: Patient-centric approach, integrated model of care, use of cutting-edge technology, and a commitment to high standards.
- Areas for Improvement: Financial metrics like negative revenue growth and EBITDA in FY 2024 suggest potential areas for operational efficiency and revenue optimization.
Altius Hospitals (Indonesia)
- Current Market Position: Newly established multi-specialty general hospital in Bekasi, Indonesia, aiming to be a leading healthcare provider.
- Operational Strengths: Focus on patient experience, advanced medical technology infrastructure (Cath Lab, comprehensive radiology, NICU, PICU), and a strong commitment to community well-being.
- Areas for Improvement: As a newly opened facility, establishing a strong market presence and optimizing early operational workflows would be key areas of focus.
10. Future Outlook
Strategic Roadmap
Altius Hospitals (Indonesia)
- Planned Initiatives: Consistently deliver healthcare services of the highest standards.
- Growth Strategies: Prioritize patient experience and adopt excellent medical practices.
- Expansion Opportunities: Contribute to the overall health and well-being of the local community.
- Future Challenges and Mitigation Strategies: As a new player, establishing brand recognition and sustained patient loyalty will be crucial. Mitigation would involve continuous quality improvement and strong community engagement.
Altius Hospitals (India)
- Planned Initiatives: Continue to provide empathetic, affordable, high-quality healthcare.
- Growth Strategies: Impact at least one million Indians over the next decade through its integrated model and patient-centric approach.
- Expansion Opportunities: Continued growth in the multi-specialty healthcare sector by leveraging its existing comprehensive services and technological capabilities.
- Future Challenges and Mitigation Strategies: Addressing the observed negative revenue growth and EBITDA from FY 2024 will be important for sustainable growth. Strategies could include enhancing service offerings, increasing patient volume, and optimizing operational costs.
