The Central Hospital opens
Rs 5.5 billion state-of- the-art facility:
Central Hospital Chairman Ashok
Pathirage at the briefing. Director Dr. Manjula Karunaratne
and Operations Director Kalum Katipearachchi look on.
Picture by Saliya Rupasinghe
The Central Hospital, the latest addition to private healthcare
providers in the country will go for an IPO within the next six months
to raise Rs 600 to 700 million to bring in extra capital and to retire
debts, Central Hospital Chairman Ashok Pathirage said.
The hospital also had a Rs 1.7 billion private placement. The
state-of-the -art hospital was built with a total investment of Rs 5.5
billion. It has already reached the break- even point on cash basis and
is geared to take off with the aim to becoming the regional best
The Central Hospital comes under Asiri Group of hospitals which has
five hospitals in its group including two in Galle. The Kandy hospital
will be built in the near future and the Group is looking at Jaffna to
expand its network. The country has around 2,000 bed capacity in the
private sector and more private healthcare providers are needed to cater
to the growing demand.
The hospital aims to gain a significant share of the medical tourism
market and also capture the local market seeking overseas medical
Housing a wide spectrum of services including the latest neuro-care
technology available in Sri Lanka, The Central Hospital seeks to raise
the industry bar on technology and service. The hospital aims to attract
not only local patients but international patients with its
multi-faceted services in a bid to be the forerunner in country’s
“We will be comparable to the best hospitals in Asia providing
services on par with international standards. With the capacity to house
264 patients, the hospital is equipped with latest medical technology
and facilities,” Pathirage said.