Aster DM to invest Rs 140 crore to set up sixth hospital in Kerala


Hospital chain Aster DM Healthcare on Monday said it has entered into a 30-year lease agreement to set up its sixth hospital in the state of Kerala, adding to existing 14 hospitals in India.

Aster will be investing around Rs. 140 crores on the proposed tertiary care hospital which will be situated in the Kasaragod district of Kerala, catering to patients from Malabar and Southern Karnataka. Aster aims to begin its operations at the new hospital in FY25.

The upcoming hospital will provide 24×7 emergency and critical care across super specialities such as neurosciences, multi-organ transplantation, oncology, gastro, cardiac, pulmonology, women and 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.

“Kasaragod has been facing a lot of challenges accessing good healthcare facilities over the last 3 years which resulted in loss of lives,” said Dr. Azad Moopen, chairman and managing director of Aster.

“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,” Moopen said.

“Once completed this will be one of the largest hospitals in the region,” said Farhan Yasin, regional director, Aster- Kerala & Oman.

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

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