INDIA – Aster DM Healthcare, one of the largest integrated healthcare providers in the India, is strengthening its foothold in the country by signing a 30-year lease agreement to establish its sixth hospital in the state of Kerala, adding to its existing 14 hospitals in India.

Malabar Institute of Medical Sciences (MIMS) Limited, a material subsidiary of Aster DM Healthcare Ltd., is establishing the hospital, which will be located in Kerala’s Kasaragod district and will serve patients from Malabar and Southern Karnataka.

Mr. Farhan Yasin, Regional Director, Aster Kerala and Oman Clusters, signed the agreement on behalf of Aster.

The new facility will include a 200-bed comprehensive tertiary care facility, with the option of expanding to a quaternary care facility in the future, with an initial investment of around Rs. 140 crores (US$18.8 million).

The new Aster Hospital is expected to open in 2024-25, making quality healthcare more accessible and affordable for patients in the region who will no longer have to travel to Mangalore to receive it.

The upcoming hospital, which will be the first tertiary hospital in Kasaragod district, will provide 24×7 emergency and critical care as well as super specialties such as Neurosciences, Multi-Organ Transplantation, Oncology, Gastro Sciences, Cardiac Sciences, Pulmonology, Interventional Radiology, Women & Children, and others.

The hospital will have cutting-edge technology and equipment, such as PET, CT Scan, MRI, and extracorporeal membrane oxygenation (ECMO).

It will also have 24-hour access to Cath Labs, Dialysis, Modular Operating Theatres, Ultrasound, Adult, Neonatal, and Pediatric ICUs, as well as pharmacy and diagnostic facilities.

“Kasaragod has been dealing with a variety of challenges accessing good healthcare services over the past 3 years which resulted in lack of lives,” stated Dr. Azad Moopen, chairman and managing director of Aster.

“Our sixth hospital in Kerala will construct upon our dedication to providing medical expertise and remedy that’s cutting-edge, permitting high quality healthcare to be simply accessed for individuals in the realm. Moreover, the growth is a part of our efforts to strengthen our presence in Kerala,” Moopen stated.

“Once completed this will be one of the largest hospitals in the region,” stated Farhan Yasin.

Aster in India community in India consists of 14 hospitals, 77 pharmacies, diagnostic labs and clinics.

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