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Aster DM Healthcare’s arm signs lease agreement for greenfield hospital project in Kerala

17 Jan 2022 Evaluate

Aster DM Healthcare’s material subsidiary -- Malabar Institute of Medical Sciences has signed lease agreement for a greenfield hospital project in Kasaragod district of Kerala. An initial investment of around Rs 140 crore are estimated for the new facility, which will include a 200-bed comprehensive tertiary care facility, with the option of expanding to a quaternary facility in the future. The Aster Hospital is expected to be operationalised in two and half years.

As the first tertiary hospital in Kasaragod district, the upcoming hospital will provide 24x7 emergency and critical care as well as super specialities like Neurosciences, Multi-Organ Transplantation, Oncology, Gastro Sciences, Cardiac Sciences, Pulmonology, Interventional Radiology, Women & Children among others. The hospital will have state-of-the-art equipment and technology including PET, CT Scan, MRI, and ECMO. Additionally, it will have Cath Labs, Dialysis, Modular Operating Theatres, Ultrasound, Adult, Neonatal and Pediatric ICUs, as well as pharmacy and diagnostic facilities available 24 hours a day.

Aster DM Healthcare operates as a healthcare company in the Middle East, India, and the Far East. It operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems.

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