Asiri Health

What Asiri Health does

Asiri Health is Sri Lanka's largest private healthcare network, operating six internationally accredited hospitals across the Western, Central, and Southern provinces (three in Colombo, plus Kandy, Galle, and Matara). Its core offering spans tertiary inpatient care, outpatient consultations, advanced surgery, emergency services, and centers of excellence in cardiac care, oncology (with PET-CT and TrueBeam STX linear accelerator), fertility (NOVA IVF), bone marrow transplant (Sri Lanka's first, launched 2014), mother and baby care, stroke, kidney transplant, brain and spine, interventional radiology, and urology. The group runs the country's largest private laboratory network — Asiri Laboratories — with 100+ collection centers, 4,250+ tests on menu, and 14,500+ tests processed daily, supported by ISO 15189 accreditation across all six hospital labs and mobile home-visit services.

Underlying technology centers on high-end medical equipment (PET-CT, TrueBeam STX, nuclear medicine, gamma camera, mammography, DEXA, lithotripsy), JCI and ACHSI hospital accreditations, ISO 9001/14001/OHSAS certifications, and an internal digital patient platform covering appointment booking, lab-report download, online pharmacy, pre-registration, and ongoing-number tracking. The group also operates Asiri School of Nursing (since 1986, 42 batches) and Asiri Academy of Health Sciences (now partnered with London Metropolitan University) as a captive talent and education pipeline.

Asiri Health monetizes through a diversified revenue mix: per-episode hospital services (inpatient, outpatient, surgical procedures), transaction-based diagnostic and laboratory services, packaged maternity deliveries, recurring corporate wellness contracts (e.g., Seylan Bank), government insurance scheme participation (Agrahara/NITF for state employees, Suraksha for students), and visa medical examinations for immigration to Canada, New Zealand, Australia, the USA, and Gulf states. Go-to-market is predominantly direct-to-consumer via hospital walk-ins, online booking, and 100+ lab collection points, supplemented by B2B corporate wellness events and an emerging international patient/medical tourism channel. Two subsidiaries — Asiri Hospital Holdings PLC and Asiri Surgical Hospital PLC — are listed on the Colombo Stock Exchange, providing partial public-market visibility into group economics.

Name

Asiri Health

Legal name

Asiri Health

Website

https://asirihealth.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Asiri Health is Sri Lanka's largest private healthcare network, operating six internationally accredited hospitals in Colombo, Kandy, Galle, and Matara, supported by the country's largest private laboratory network with 100+ collection centers serving individual patients, government-insured beneficiaries, corporate clients, and international patients.

Ownership category

akta.pro rank

Product category

Private Hospital Services

NAICS

General Medical and Surgical Hospitals (6221), Medical and Diagnostic Laboratories (6215), Medical and Diagnostic Laboratories (62151)

SIC

Services-Hospitals (8060), Services-Medical Laboratories (8071)

akta.pro primary industry

At-Home Lab Testing & Diagnostics-Integrated Virtual Care (HLALAAAE)

Keywords

• Private hospital services
• Diagnostic laboratory testing
• Maternity and fertility care
• Oncology and cardiac care
• Preventive health screening

Headquarters

HQ city

Narahenpita

HQ country

Sri Lanka

HQ region

Asia

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Hospital Services Revenue: Revenue from inpatient admissions, outpatient consultations, surgical procedures, and hospital accommodation across six hospitals.
2. Diagnostic and Laboratory Services: Revenue from comprehensive laboratory testing and diagnostic imaging services across hospital labs and collection center network.
3. Maternity and Baby Delivery Packages: Pre-packaged maternity services including normal delivery and Caesarean section packages with bundled hospital services.
4. Corporate Wellness Programs: B2B healthcare services for corporate clients including health screenings, wellness programs, and employee health packages.
5. Insurance Scheme Partnerships: Revenue from government and private insurance schemes including Agrahara (state sector employees), Suraksha (student insurance), and other third-party payers.
6. Visa Medical Examinations: Authorized center for visa medical examinations for Canada, New Zealand, Australia, USA, and Gulf countries.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Asiri Health operates a network of six internationally accredited private hospitals across Sri Lanka (Colombo, Kandy, Galle, Matara) delivering comprehensive inpatient, outpatient, surgical, and emergency services. The group runs the country's largest private laboratory network with 100+ collection centres offering 4,250+ tests, and operates dedicated centres of excellence covering cancer, cardiac care, bone marrow transplant, IVF/fertility, mother & baby, brain & spine, stroke, kidney transplant, interventional radiology, and urology. Digital services include online pharmacy, lab report downloads, doctor appointment booking, pre-registration, and preventive wellness packages.

Product overview

Asiri Health operates as a unified private healthcare platform consisting of six hospitals across Sri Lanka (Colombo, Kandy, Galle, Matara) supported by the country's largest private laboratory network. The portfolio includes specialized centres of excellence for cancer (AOI Cancer Centre), fertility (NOVA IVF), cardiac care (Heart Centres), bone marrow transplants, stroke, kidney transplants, mother & baby care, brain & spine, interventional radiology, and urology. Digital health services are delivered through online pharmacy, lab reports, doctor appointment booking, pre-registration, and wellness packages. The group also operates educational institutions including the Asiri School of Nursing and Asiri Academy of Health Sciences, and offers insurance schemes (Agrahara for government employees, Suraksha for students).

Differentiator

Problem solved

Functional benefit

Brands

• Asiri Medical: Paediatrics-centered hospital renowned for dengue and medical patient management, located in Colombo.
• Asiri Surgical
• Asiri Central
• Asiri Kandy
• Asiri Galle
• Asiri Matara
• Asiri Laboratories
• Asiri Nova IVF & Fertility Centre
• Asiri AOI Cancer Centre
• Asiri Heart Centres
• Asiri Academy for Health Sciences
• Asiri International Health Center

Products and services

• Asiri Health Hospital Network A network of six internationally accredited private hospitals (Asiri Central, Asiri Surgical, Asiri Medical, Asiri Kandy, Asiri Galle, Asiri Matara) offering 24-hour comprehensive medical, surgical, and emergency services to patients across Sri Lanka.
• Asiri Laboratories The largest private laboratory network in Sri Lanka offering over 4,250 diagnostic tests across biochemistry, haematology, microbiology, immunology, histology, and genetic testing, with 100+ collection centres and ISO 15189 accreditation.
• Asiri AOI Cancer Centre

Quantifiable outcome

• 94.82% Patient Satisfaction Rate
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Air Park (Pvt) LtdminorStrategic or Co-development Partner · 21 November 2024Landmark partnership announced for strengthening global partnerships in healthcare.
• Seylan BankcoreGTM or Marketing Partner · 20 November 2024Corporate wellness partnership including diabetes prevention awareness programs. Asiri Health conducted diabetes awareness sessions for Seylan Bank managers and senior managers at their headquarters, demonstrating commitment to corporate health and wellbeing.
• ESOFT Metro CampuscoreStrategic or Co-development Partner · 18 September 2024MoU signed to introduce programs by London Metropolitan University (UK) in Nursing, Psychology and Health Administration. Partnership brings international academic programs to Sri Lanka and the region through Asiri Academy of Health Sciences.
• London Metropolitan UniversitycoreStrategic or Co-development Partner · 18 September 2024UK university partner providing academic programs in Nursing, Psychology and Health Administration delivered through ESOFT Metro Campus and Asiri Academy of Health Sciences.
• NITF (National Insurance Trust Fund)coreGTM or Marketing Partner · 11 July 2024Landmark agreement to provide tangible healthcare benefits for all Agrahara members. State sector employees and dependents access private healthcare through the partnership.
• University of Sri JayewardenepuraminorStrategic or Co-development Partner · 3 February 2022MoU for environmental conservation - Asiri Health pledged to support biodiversity by creating habitats equivalent to the space it operates in. Collaboration with Center for Sustainability, Department of Forestry and Environmental Science to restore degraded forest land within the Yagirala Forest Reserve.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Nawaloka Hospitals PLC: Colombo-based private multi-specialty hospital network listed on the Colombo Stock Exchange, directly competing with Asiri across inpatient, surgical, cardiac and diagnostic services in Sri Lanka's Western Province.
• Durdans Hospital PLC: CSE-listed private tertiary hospital in Colombo offering comparable surgical, cardiac, oncology and laboratory services; one of the closest head-to-head competitors to Asiri Central and Asiri Surgical.
• Ceylinco Healthcare / Lanka Hospitals: Private tertiary hospital in Colombo operated by Ceylinco group offering multi-specialty inpatient care, diagnostics and surgical services, competing for the same private-pay patient base as Asiri.
• Hemas Hospitals / Hemas Holdings PLC: Sri Lankan conglomerate with a private hospital chain (including Wattala and Thalawatuhena) and diagnostic footprint serving the same domestic market; competes with Asiri on cost-effective private care and primary-care access.

Broad incumbents

• Apollo Hospitals Enterprise Limited: India's largest private hospital network with comparable centres of excellence in cardiac, oncology, transplants and diagnostics; serves as the regional scale benchmark for Asiri's specialty-care ambitions and inbound medical tourism.
• Fortis Healthcare Limited: Pan-India private hospital chain with strong surgical, cardiac and oncology franchises; comparable in service mix (inpatient + diagnostics) and centre-of-excellence strategy to Asiri's specialty carve-outs.
• Max Healthcare Institute Limited: North-India-focused listed hospital chain operating tertiary care facilities with strong oncology, cardiac and robotic surgery programmes; analogous premium-positioning peer to Asiri's flagship Asiri Central.
• IHH Healthcare Berhad: Asia-Pacific hospital operator (Mount Elizabeth, Gleneagles, Acibadem) offering tertiary care, lab and diagnostics across multiple geographies; relevant as a regional comparator for Asiri's premium, accreditation-led positioning.

Regional players

• KPJ Healthcare Berhad: Malaysia's largest private hospital network operating 30+ hospitals across Southeast Asia and the Middle East — a relevant regional peer for Asiri's diagnostic scale, JCI accreditation strategy and medical-tourism positioning.
• Aster DM Healthcare Limited: UAE-headquartered, India-listed hospital and clinic operator with GCC/India presence in tertiary care, diagnostics and pharmacy retail — useful analogue for Asiri International's medical-tourism and cross-border patient ambitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/asiri_hospital
• YouTubeyoutube.com/c/AsiriHealth/playlists
• TikToktiktok.com/@asirihealth
• Facebookfacebook.com/AsiriHealth
• LinkedInlinkedin.com/company/asiri-health

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asiri Health