17 January 2022 | News
The sixth hospital in Kerala will be set up with an investment of Rs 140 crore
Aster DM Healthcare is strengthening its footing in the country by signing a 30-years lease agreement to set up its sixth hospital in the state of Kerala, adding to the existing 14 hospitals in India. The hospital is being set up by Malabar Institute of Medical Sciences (MIMS), a material subsidiary of Aster DM Healthcare and will be situated in the Kasaragod district of Kerala, catering to patients from Malabar and Southern Karnataka. On behalf of Aster, the agreement was signed by Farhan Yasin, Regional Director, Aster Kerala, and Oman Clusters.
An initial investment of around Rs 140 crores have been earmarked for the new facility, which will include a 200-bed comprehensive tertiary care facility, with the option of expanding to a quaternary care facility in the future. The new Aster Hospital is expected to begin operations in 2024-25, making quality healthcare more accessible and affordable for patients in the region who will no longer need to travel to Mangalore to receive quality healthcare.
As the first tertiary hospital in Kasaragod district, the upcoming hospital will provide 24x7 emergency and critical care as well as super specialities.
“Once completed this will be one of the largest hospitals in the region. At Aster, we strive for excellence, every moment, and every day - to bring great healthcare within reach of people. We live by our motto We’ll Treat You well to the last detail,” said, Farhan Yasin, Regional Director, Aster- Kerala & Oman.