Aster DM to open 550-bed super specialty hospital in Trivandrum; stock down ~2%

17 Jun 2022 , 03:39 PM

Aster DM Healthcare Limited, one of the major private healthcare service providers in the Gulf Cooperation Council and India, has announced the opening of its latest integrated advanced healthcare centre in Trivandrum, Kerala. The hospital would have 550 beds and a built-up area of 5.76 lakh square feet, excluding 1 lakh square feet for multilevel parking.

The corporation would invest above Rs500 crore for the whole project, with a capacity of 350 beds in the first phase, to be operational by FY26.

This super-specialty institution will include numerous clinical excellence centres for Cardiac Sciences, Organ transplants, Neurosciences, Orthopaedics, Oncology, Urology & Nephrology, Gastro Sciences, and Woman & Child Wellness.

The hospital will provide OPD, IPD, ICU (including high dependency units), NICU, PICU, and transplant ICU, as well as day-care support and 24-hour trauma and emergency response services. Robotics and next-generation technology would be phased in.

“Aster Capital in Thiruvananthapuram has been designed as a complete facility that would offer primary to quaternary healthcare to the people of the region,” commented, Azad Moopen, Founder Chairman, and Managing Director of Aster DM Healthcare.

He further added, “Aster DM Healthcare has always desired to be in the capital city in order to provide great healthcare at an affordable cost to the public.”

Aster DM is currently trading at Rs174.20 down by Rs3.25 or 1.83% from its previous closing of Rs177.45 on the BSE. The scrip touched intraday high and low of Rs180.90 and Rs173.10 respectively.