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Ascension Teams with India Hospital for $2B Med City

GRAND CAYMAN-The St. Louis-based firm, with more than 1,400 locations in the United States, is partnering with Dr. Devi Shetty on a large healthcare project here.

By Robert Carr | Updated on April 11, 2012

GRAND CAYMAN-St. Louis-based Ascension Health Alliance and Bangalore, India-based Narayana Hrudayalaya Hospitals have announced a joint plan to build a $2 billion health care development here on the largest of the Cayman Islands. The site is going to be called Health City.

Narayana, which runs a complex of health centers in southern India, is led by chairman and managing director Dr. Devi Prasad Shetty, who has been working with Ascension president and CEO Anthony Tersigni for two years to create the project here. Shetty’s methods are to treat any patient regardless of ability to pay. “This joint effort will provide…opportunities to examine and learn about different approaches to providing healthcare to all with special attention to those who are poor and vulnerable, focusing on innovative ways to provide high-quality medical care at lower cost,” he said.

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