Aster DM Healthcare enters into O&M agreement for a hospital in Mandya, Karnataka
Capital MarketAster DM Healthcare has entered into a Hospital Operation and Management Agreement (O&M) with Vritika Hospitals ('VHPL') & Bharathi Education Trust, for operating and managing G. Madegowda Super Specialty Hospital ('GMSSH') Mandya, Karnataka on 29 December 2022.
GMSSH is a 100-bed tertiary super specialty hospital situated in Mandya town, 95 kms away from Bangalore.
The term of O&M is for 15 years with a lock in period of 5 years for the Company and 15 years for VHPL & Bharathi Education trust.
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