Asiri Hospitals Group

What Asiri Hospitals Group does

Asiri Hospitals Group (Asiri Health) is a publicly listed Sri Lankan private healthcare operator headquartered in Colombo, founded around 1980 (sources also cite 1984). It operates six internationally accredited hospitals across three provinces — Asiri Medical, Asiri Surgical, Asiri Central, Asiri Kandy, Asiri Galle, and Asiri Matara — supported by what the company describes as Sri Lanka's largest private laboratory network (Asiri Laboratories). The network comprises 1,450+ beds, 800+ affiliated medical consultants, and runs approximately 3,500+ consultations and 14,500+ laboratory tests per day, with 4,250+ test types offered including genetic testing.

The company operates an integrated healthcare delivery platform organized around specialty 'Centres of Excellence' covering cardiac care (Asiri Heart Centres), oncology (Asiri AOI Cancer Centre), fertility (Asiri NOVA IVF), bone marrow transplant, kidney transplant, brain & spine, stroke, interventional radiology, and mother & baby care. Diagnostic and imaging capabilities span CT, MRI, PET Scan, Gamma Camera, mammography, ultrasound, and interventional radiology. Digital patient services include online lab report downloads, appointment booking, online pharmacy, payment portal, and the Amazing Care ambulance/home-health membership. The group also runs Asiri Academy for Health Sciences (including Asiri School of Nursing) for clinical talent development.

Revenue is generated across four primary streams: hospital inpatient/outpatient services, diagnostic and imaging services, pharmacy services (including online delivery), and insurance-scheme partnerships. Distribution combines direct-to-consumer hospital visits, the Asiri Laboratories network, corporate wellness programs (e.g., Seylan Bank), international patient services via the Asiri International Health Center, and government insurance partnerships (Agrahara for state employees, Suraksha for students). The company reports 94.82% patient satisfaction, 97.30% compliance with correct patient identification, 0.09% hospital-acquired infection rate, and 0.00% hospital-acquired bed sore rate. Recent strategic activity includes the announced Asiri Port City Hospital launch, a global healthcare partnership with Air Park (Nov 2024), a corporate wellness partnership with Seylan Bank (Nov 2024), and an educational MoU with ESOFT Metro Campus (Sep 2024).

Name

Asiri Hospitals Group

Legal name

Asiri Health

Website

https://asirihospitals.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Asiri Hospitals Group is a publicly listed Sri Lankan private healthcare operator running six internationally accredited hospitals and the country's largest private laboratory network across Colombo, Kandy, Galle, and Matara, serving retail patients, corporate clients, government insurance beneficiaries, and medical tourists through specialty Centres of Excellence and integrated diagnostics.

Ownership category

akta.pro rank

Headquarters

HQ city

Narahenpita

HQ country

Sri Lanka

HQ region

Asia

Offices7 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 from inpatient and outpatient medical services including consultations, surgeries, procedures, and hospital accommodations across six hospitals
2. Diagnostic Services: Laboratory testing, imaging services (CT, MRI, X-Ray, Ultrasound, PET Scan, Mammography, Dexa Scan), and health screening packages
3. Pharmacy Services: In-house pharmacy and online pharmacy delivery services for prescription medications
4. Insurance Schemes: Partnership with government insurance programs - Agrahara for state sector employees and Suraksha for students, providing healthcare access to beneficiaries at discounted rates

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Asiri Health operates a network of six internationally accredited private hospitals across Sri Lanka (Colombo, Kandy, Galle, Matara), supported by the country's largest private laboratory network. The group delivers inpatient, outpatient, emergency, surgical, and specialty medical services through Centres of Excellence for cardiac care, oncology, fertility, bone marrow and kidney transplantation, neurology, stroke, and mother & baby care, in addition to diagnostics, pharmacy, medical tourism, and digital patient services.

Product overview

Asiri Health is Sri Lanka's leading private hospital group operating six internationally accredited hospitals across three provinces (Colombo, Kandy, Galle, Matara) with the country's largest private laboratory network. The group offers a comprehensive portfolio of hospital services (Asiri Medical, Asiri Surgical, Asiri Central, Asiri Kandy, Asiri Galle, Asiri Matara) and specialized Centres of Excellence including cardiac care (Asiri Heart Centres), oncology (Asiri AOI Cancer Centre), fertility (Asiri NOVA IVF & Fertility Centre), bone marrow transplant, kidney transplant, stroke, brain & spine, interventional radiology, and mother & baby care. The group also provides diagnostic services through Asiri Laboratories, medical tourism via Asiri International Health Center, digital health services (online appointments, lab reports, pharmacy, payments), and insurance partnerships (Asiri Agrahara, Asiri Suraksha). With over 800 consultants, 3,500 daily consultations, and 4,250+ tests offered, the network is expanding with an announced Asiri Port City Hospital in partnership with a global healthcare brand.

Differentiator

Problem solved

Functional benefit

Brands

• Agrahara: Insurance scheme providing state sector employees and their dependents access to private healthcare with special discounts and privileges
• Suraksha
• Amazing Care
• Asiri International Health Center

Products and services

• Asiri Medical Hospital General medical hospital in Colombo offering comprehensive healthcare services including emergency care, diagnostics, and outpatient consultations.
• Asiri Surgical Hospital Surgical specialty hospital in Colombo providing advanced surgical procedures and post-operative care.
• Asiri Central Hospital State-of-the-art multi-specialty hospital in Colombo offering healthcare services across multiple departments.
• Asiri Kandy Hospital Multi-specialty hospital in Kandy serving patients in the Central province of Sri Lanka.
• Asiri Galle Hospital Regional hospital in Galle providing healthcare services to patients in the Southern province of Sri Lanka.
• Asiri Matara Hospital Regional hospital in Matara serving patients in the Southern province of Sri Lanka.
• Asiri Laboratories Country's largest private laboratory network offering over 4,250 tests including genetic testing, mobile services, and preventive health checks.
• Asiri Heart Centres Comprehensive cardiac care centres offering cardiac investigations, ECG, ECHO, exercise ECG, and cardiac surgery across Surgical Heart Centre, Central Heart Centre, and Kandy Heart Centre.
• Asiri AOI Cancer Centre Comprehensive cancer care centre offering chemotherapy, radiation therapy, PET scan, and cancer surgery.
• Asiri NOVA IVF & Fertility Centre IVF and fertility centre offering IUI, IVF treatments and fertility services.
• Asiri Bone Marrow Transplant Centre Blood cancer treatment and bone marrow transplantation centre providing comprehensive hematology services.
• Asiri Kidney Transplant Centre

Quantifiable outcome

• 94.82% Patient Satisfaction Rate on Services
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core, flagship and minor.

• Seylan BankcoreStrategic or Co-development Partner · 22 November 2024Empowering a Healthier Workforce partnership - corporate wellness program providing Seylan Bank employees access to Asiri Health's healthcare services and preventive care programs
• Air Park (Pvt) LtdflagshipStrategic or Co-development Partner · 21 November 2024Landmark global healthcare partnership announced to strengthen international partnerships in healthcare delivery and standards
• ESOFT Metro CampusminorStrategic or Co-development Partner · 18 September 2024MoU signed between Asiri Academy of Health Sciences and ESOFT Metro Campus for educational collaboration in healthcare training and development

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Fortis Healthcare: Major Indian private hospital operator with comparable specialty depth (cardiac, oncology, neurology), diagnostic chains, and tertiary hospital model — useful comp for Asiri's specialty-driven, multi-hospital strategy.
• Max Healthcare Institute: Listed Indian hospital chain focused on tertiary/quaternary care with strong specialty centres — directly comparable business model to Asiri's specialty-led, urban-concentrated network.
• IHH Healthcare: One of the world's largest hospital groups (Mount Elizabeth, Gleneagles, Acibadem) — comparable premium private hospital model with medical tourism orientation relevant to Asiri's Port City and International Health Center ambitions.
• Manipal Hospitals: Large Indian private hospital group with comparable Centres of Excellence structure and teaching/academy arm similar to Asiri Academy of Health Sciences; useful scale and operating benchmark.
• Apollo Hospitals Enterprise: One of Asia's largest private hospital chains — comparable multi-specialty tertiary care model, Centres of Excellence approach, diagnostic network, and medical tourism positioning, though operating at significantly greater scale in India.
• Raffles Medical Group: Integrated private healthcare group in Singapore with hospital, diagnostics, and medical tourism services — comparable premium positioning and international patient focus relevant to Asiri's medical tourism growth thesis.

Direct peers

• Lanka Hospitals: Direct competitor — one of the leading private hospitals in Sri Lanka offering similar multi-specialty, diagnostic, and emergency services, competing with Asiri's Colombo facilities for specialists, patients, and insurance scheme volumes.
• Durdans Hospital: Direct competitor — a long-established private hospital in Colombo providing tertiary care, diagnostics, and specialty services; competes directly with Asiri Medical, Surgical, and Central on premium private cases.
• Nawaloka Hospitals PLC: Direct competitor in Sri Lanka — another publicly listed private hospital operator with multi-specialty inpatient services and a national footprint, competing head-to-head with Asiri for the same Sri Lankan patient base and corporate contracts.

Regional players

• Hemas Holdings (Hospital segment): Sri Lankan conglomerate with a private hospital arm operating in the same domestic market; comparable as a diversified healthcare provider competing for the same patient pool and partner network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Asiri_Hospital
• YouTubeyoutube.com/c/AsiriHealth/playlists
• TikToktiktok.com/@asirihealth
• Facebookfacebook.com/401787596571888
• LinkedInlinkedin.com/company/asiri-surgical-hospital-plc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries10 records

Funding overview

Funding rounds2 records

Investors2 records

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 Hospitals Group