Aster DM Healthcare inks deal with Andhra Pradesh’s Narayanadri Hospital to manage the 150-bed hospital

Posted on : Oct 03, 2022

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  • Aster DM Healthcare has signed an agreement with Tirupati-based Narayanadri Hospital & Research Institution to manage their hospital operations
  • The move is part of Aster’s strategy to undertake hospital operations management and add up to 500-700 beds in India in the next one-year period
  • With this association, Aster increases its bed capacity to 4183 beds in India.

Bengaluru, 3 October 2022:

Aster DM Healthcare, one of the largest integrated healthcare providers in GCC and India, has announced its association with Andhra Pradesh’s Tirupati-based Narayanadri Hospital & Research Institution to strengthen its presence in the south. This is part of O&M asset light model strategy undertaken by Aster DM Healthcare to add up to 500 – 700 beds in India. This will be the Fifth hospital under Aster DM Healthcare in the state of Andhra Pradesh.

The plan involves expanding the existing 150 bedded hospital to 250 beds making it a comprehensive tertiary care facility, with the option of expanding to a quaternary care facility in future. The upgraded hospital will provide 24X7 emergency and critical care as well as super specialities like neurosciences, multi-organ transplantation, oncology, gastro sciences, cardiac sciences, rheumatology, endocrinology, women and children, among others. With no comprehensive tertiary private hospital in the district, the people of Tirupati are dependent on hospitals in Chennai and Bengaluru.

Speaking of the arrangement, Dr. Azad Moopen, Founder Chairman & Managing DirectorAster DM Healthcare commented, “As part of our constant efforts to increase our presence in the South Indian states, we are pleased to join hands with Narayanadri Hospital by taking this up on an O&M model. Aster will bring to the table the expertise of managing and operating hospitals and providing the best patient experience.”

“Narayanadri Hospital was conceptualized to bridge the healthcare accessibility gaps in the Tirupati region. While we made good progress, there is still a need for specialized and niche services in the district which Aster DM Healthcare with its management and clinical expertise can bring to the table. As our ideologies are in the same line, we are confident of the synergistic association with Aster,” commented Dr. Sunand Kumar Reddy - Managing Director, Dr. S V Prasad - Chairman and Dr. Usharani - Executive Director of Narayanadri Hospital.

“The expansion is part of our efforts to strengthen our presence in Andhra Pradesh. This arrangement is in alignment with the organization’s commitment to bridging the gap between urban and rural areas and making advanced healthcare easily accessible for people” added Mr. Devanand Kolothodi, Regional CEO, Aster-Andhra Pradesh & Telangana Cluster.

“Once the upgradation plans are completed, this facility will be one of the best hospitals in the region,” commented Dr. Sridhar Muni, COO, Aster Narayanadri Hospital, Tirupati.

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