Aster DM Healthcare enters pathlab business with Aster Laboratories
Kochi-based Aster DM Healthcare, one of the largest healthcare providers in India and the Middle East, is entering healthcare diagnostics services business in a big way with Aster Laboratories.
- May 28, 2019,
- Updated May 28, 2019 10:28 PM IST
Kochi-based Aster DM Healthcare, one of the largest healthcare providers in India and the Middle East, is entering healthcare diagnostics services business in a big way with Aster Laboratories.
"We are setting up a centralised pathology lab processing facility in Bangalore and will add about 20 centres a year with a hub-and-spoke model initially in Kerala and Tamilnadu, besides looking at acquiring local pathlab chains," said Azad Moopen, chairman and managing director. He said initial outlay for the foray is about Rs 40 crore.
Fortis Healthcare reports consolidated net profit of Rs 151 crore for March quarter
Dr Moopen said Aster is adding a brownfield 223-bedded hospital in Bangalore this year and is planning a 500-bedded hospital in Chennai by 2021-22 and 60 beds at Kolhapur. Further, Aster has capacity to operationalise about 1000 more beds in the country. In GCC, it is adding hospitals and capacities in Dubai, Sharjah, Muscat and at Sanad Hospital in Riyadh, Saudi Arabia.
Kochi-based Aster DM Healthcare, one of the largest healthcare providers in India and the Middle East, is entering healthcare diagnostics services business in a big way with Aster Laboratories.
"We are setting up a centralised pathology lab processing facility in Bangalore and will add about 20 centres a year with a hub-and-spoke model initially in Kerala and Tamilnadu, besides looking at acquiring local pathlab chains," said Azad Moopen, chairman and managing director. He said initial outlay for the foray is about Rs 40 crore.
Fortis Healthcare reports consolidated net profit of Rs 151 crore for March quarter
Dr Moopen said Aster is adding a brownfield 223-bedded hospital in Bangalore this year and is planning a 500-bedded hospital in Chennai by 2021-22 and 60 beds at Kolhapur. Further, Aster has capacity to operationalise about 1000 more beds in the country. In GCC, it is adding hospitals and capacities in Dubai, Sharjah, Muscat and at Sanad Hospital in Riyadh, Saudi Arabia.