The hospital stands as a remarkable healthcare entity, boasting 254 beds and 25 diverse specialities. It is equipped with a panel of highly skilled doctors and a dedicated support staff. Credit: ad-foto/Shutterstock.

Acquisition of Aster Aadhar Hospital

Aster DM Healthcare, a prominent integrated healthcare provider in India, has successfully sealed an agreement to acquire the remaining stake in Aster Aadhar Hospital, formerly known as Prerana Hospital, located in Kolhapur, Maharashtra. This strategic move will enhance Aster DM Healthcare's stake from 87% to a complete 100%. The acquisition process is divided into two phases, with an anticipated completion date of 31 December 2025. The full acquisition of this 254-bedded hospital, which holds the prestigious NABH Accreditation and is the first of its kind in the region, marks a significant step in Aster DM Healthcare's expansion and diversification endeavors. Aster Aadhar Hospital serves as Kolhapur's comprehensive multi-speciality facility, offering over 25 specialities along with a team of proficient doctors and a supportive staff. Aster DM Healthcare aims to meet the escalating demand for advanced healthcare services in India.

Aster DM Healthcare's vision is to provide top-notch healthcare across the nation. With this acquisition, they are not only increasing their market presence but also ensuring better access to quality healthcare for the people of Kolhapur. The NABH Accreditation further validates the hospital's commitment to maintaining high standards in patient care.

The hospital's 254 beds provide ample space for patients, allowing for efficient treatment and care. The diverse range of 25 specialities ensures that patients can receive specialized care for various medical conditions under one roof. The panel of doctors, with their expertise and experience, plays a crucial role in delivering quality healthcare services.

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Future Growth and Opportunities

The company projects a revenue Compound Annual Growth Rate (CAGR) of around 18% - 20% over the next five years, from fiscal year (FY) 2025 to FY2029. This growth is driven by higher occupancy and capacity expansion. Operating EBITDA margins are expected to reach about 23%-25% within the next four to five years.

The subsidiary will leverage the parent company's strong market presence and financial stability to fuel growth and seize new opportunities. This strategic approach will enable the subsidiary to expand its operations and offer more comprehensive healthcare services.

In September 2024, Aster DM Healthcare signed a lease agreement for a new women and children's hospital in Hyderabad, Telangana. This 30-year lease between Aster DM's wholly owned subsidiary and Aparna Constructions and Estates is a significant step towards expanding their healthcare services in the region. The healthcare provider also inaugurated dedicated paediatric and geriatric emergency departments at Aster MIMS Calicut in Kerala in August 2024, under the leadership of Aster DM Healthcare founder and chairman Dr Azad Moopen.

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