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Aster DM Healthcare to set up sixth hospital in Kerala with Rs 140 cr investment

The hospital will be set up in the Kasaragod district of Kerala

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.

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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 24×7 emergency and critical care as well as super specialities.

Dr Azad Moopen, Founder Chairman and MD, Aster DM Healthcare said, “Our sixth hospital in Kerala will build upon our commitment to offering medical technology and treatment that is cutting-edge, allowing quality healthcare to be easily accessed for people in the area. Moreover, the expansion is part of our efforts to strengthen our presence in Kerala. The new hospital is in alignment with the organisation’s commitment to bridging the gap between urban and rural areas and make quality healthcare easily accessible for people.”

With a history of over 35 years of care, our team of highly experienced experts will offer advanced treatments to patients using cutting-edge diagnostic and therapeutic technology. 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.

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