The hospital was founded by the noted Parsi Industrialist Bomanjee Dinshaw Petit.
[1] Navroji Nusserwanji Wadia and Dr. Kekhushroo N Bahadurji donated Rs 10,000 on behalf of Parsee Panchayat.
[1] Bomanji gave his property in Cumballa Hill Family Hotel and securities of INR50,000.
[1] In 1907, the foundation for the hospital was laid by the Governor of Bombay Sir George Clark.
[2] The hospital has a main wing, laundry, nutrition section, senior citizens home, dispensary and doctors' quarters.