Founder

Kemp Dolliver, CFA

Cherrystone Hill Research

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/881" target="_blank" data-smartkarma-citation="entities:881:1">Fortis Healthcare (FORH IN)</a> 's hospital business continued to improve in FQ3 while the lab business remained stable. This Insight briefly focuses on the highlights of the results and their implications. The hiring of a CEO out of <a href="https://www.smartkarma.com/entities/26939" target="_blank" data-smartkarma-citation="entities:26939:1">Narayana Hrudayalaya (NARH IN)</a> signals continued (and likely intensified) focus on efficiency to improve profitability. </p>
<p>We continue to think that Fortis is a promising turnaround story. Refer to the Insight Stream for the history of this situation.</p>

Fortis Healthcare (FORH IN) 's hospital business continued to improve in FQ3 while the lab business remained stable. This Insight briefly focuses on the highlights of the results and their implications. The hiring of a CEO out of Narayana Hrudayalaya (NARH IN) signals continued (and likely intensified) focus on efficiency to improve profitability. 
We continue to think that Fortis is a promising turnaround story. Refer to the Insight Stream for the history of this situation.

Fortis Healthcare: OK Results and a Cost-Cutter CEO