Everything You Need to Know About Aster DM Healthcare
Aster DM Healthcare is a prominent healthcare provider in the Middle East and India. It started as a single clinic but has now expanded into a vast network of over 365 establishments spanning seven countries. Let's take a closer look at what sets Aster DM Healthcare apart and makes it a name worth remembering.
Services Offered by Aster DM Healthcare
Aster DM Healthcare is committed to providing accessible and high-quality healthcare. To achieve this mission, they offer a diverse range of services that include primary, secondary, tertiary, and even quaternary care. Their network comprises of:
· Hospitals: Aster has 14 multi-specialty hospitals in India equipped with state-of-the-art technology and a focus on clinical excellence.
· Clinics: Their large network of clinics provides patients with convenient access to primary care services.
· Diagnostic Labs: Aster Labs is a fast-growing diagnostic lab network that offers a comprehensive range of tests at affordable rates.
· Pharmacy: Aster Pharmacy is a vital part of Aster DM Healthcare, providing a broad range of medicines, beauty and health products, as well as baby care essentials. Their pharmacies give priority to genuine medications, competitive prices, and convenience, often offering extended hours and home delivery options.
· Other Services: Aster DM Healthcare extends its reach through ventures in digital health solutions, and medical education.
Management Team
Ø Dr. Azad Moopen (MD, FRCP, Founder Chairman)
Ø Ms. Alisha Moopen (Managing Director & Group CEO, Aster DM Healthcare – GCC)
Ø Fara Siddiqi (Group CHRO, Aster DM, Healthcare)
Ø Dr. Malathi Arshanapalai (Group Chief Medical & Quality Officer, Aster DM Healthcare)
Ø Veneeth Purushotaman (Group Chief Information Officer, Aster DM Healthcare)
Ø Dr. Shanila Laiju (CEO, Medcare Hospitals & Medical Centers, GCC)
Ø Brandon Rowberry (CEO - Digital Health)
Ø N. S. Balasubramanian (Chief Executive Officer for Aster, Pharmacy - Retail in UAE)
Ø Rahul Kadavakolu (Group Chief Marketing Officer)
Ø Dr. Sherbaz Bichu (Chief Executive Officer and Specialist in Anaesthesia at Aster Hospitals & Clinics, UAE)
Ø Devanand Kolothodi (Regional CEO for Telangana & Andhra Pradesh Cluster)
Ø Dr. Nitish Shetty (CEO Aster DM Healthcare, India)
History of Aster DM Healthcare
- Aster DM Healthcare is a private healthcare provider that was established in 1987 in Dubai, United Arab Emirates, by Azad Moopen, a doctor turned entrepreneur.
- Operates a variety of healthcare services including hospitals, clinics, pharmacies, and consultancy services.
- May 2011: Opened its first medical center in Sharjah, UAE, inaugurated by Indian playback singer K. J. Yesudas.
- February 2013: Expressed interest in investing in the Philippines' healthcare sector, initially focusing on pharmacies and later possibly hospitals.
- December 2013: Launched the fifth Access Clinic in Jebel Ali Free Zone (Jafza South) to cater to the healthcare needs of workers in the area.
- April 2014: Announced plans for Aster Medcity, South Asia's largest quaternary care hospital chain, in Kochi and Thiruvananthapuram, India.
- November 2014: Appointed Bank of America Merrill Lynch, Goldman Sachs, and Kotak Mahindra Bank for its Rs 1,200-crore IPO.
- March 2015: Cricketer Sachin Tendulkar opened Aster DM Healthcare's 150th pharmacy in Abu Dhabi.
- August 2016: Acquired Kavery Medical Centre in Bangalore, upgraded, and renamed it as Aster CMI Hospital.
- February 2018: Launched its IPO and got listed on Indian stock exchanges.
- August 2021: Announced plans to invest around Rs 235 crore in India to add 411 hospital beds in the next 18 months.
- June 2022: Operates 16 hospitals in India and partners with ReLiva Physiotherapy and Rehab.
- February 2022: Signed an agreement with Novartis for digital transformation and clinical research collaboration.
- March 2022: Partnered with Siemens Healthineers for technology upgradation in GCC and UAE facilities.
- March 2022: Opened an AI research lab at the Indian Institute of Science campus in Bengaluru, focusing on neurology.
- December 2022: On its 35th anniversary, the company increased its healthcare facilities in the UAE to 455 units.
- November 2023: Announced intention to separate GCC and India business operations, pending shareholder and regulatory approval.
Aster DM Healthcare Has Accomplished Several Notable Achievements
- Aster Medcity: Established in 2015, it has grown to become a leading quaternary care healthcare center with 1745 beds spread across a 40-acre campus
- Medcare Hospital: Operates state-of-the-art hospitals, including Medcare Multi-specialty Hospitals in Dubai and Sharjah, Medcare Women & Children Hospital, and Medcare Orthopedics and Spine Hospital (MOSH), along with 16 medical centers in the UAE
- Access Clinic: Offers primary healthcare facilities, including X-ray and Laboratory services, in industrial and residential areas of the UAE
- Aster Pharmacy: Operates 200 stores, becoming one of the largest pharmacy chains in the UAE, and has received prestigious awards such as the DQA & DSES Award and the SKEA Awards by the Abu Dhabi Chamber of Commerce & Industry
- Aster Labs: Operates a global reference lab in Bengaluru, along with 20 satellite labs and over 190 patient-centric centers across several Indian states, facilitating efficient and accurate diagnostic services for patients
- Dr. Moopen's Medical College: Offers Nursing and Pharmacy colleges, alongside various paramedical courses, and recently expanded to include post-graduate courses since the 2022 academic year