Browns acquires St. Peter’s Hospital Ragama

Browns Healthcare (Pvt) Ltd., have acquired St Peter’s Hospital Ragama with the aim of developing a chain of secondary healthcare general hospitals and diagnostic centers in the island.

Browns Healthcare, a wholly owned subsidiary of Brown & Company PLC is a new venture established with the aim of developing a chain of secondary care general hospitals & diagnostic centers to deliver quality care through comprehensive integrated clinical practice and personalized care to every patient.

Speaking on the acquisition, Managing Director/CEO of Browns Group Murali Prakash said “Sri Lanka has a rapidly aging population as well as increased incidence of non-communicable diseases brought about by affluence and changing lifestyle habits. The demand for private healthcare is expected to rise and therefore, Browns will focus on expanding its presence in the healthcare sector. This is the first of such investments in this sector.”

This new acquisition aims at providing a 60 bed multi-specialty hospital offering curative, preventive and rehabilitative services. The hospital will have a 24hr OPD/ETU, modern theatre facilities, general surgery, obstetric, gynecological and pediatric units, a 24hr pharmacy as well as several diagnostic services among others.

Speaking on the acquisition, Director/General Manager for Browns Healthcare, Dr. Sajeeva Narangoda said, “St. Peter’s Hospital Ragama has a history of well over 30 years where it had catered to the ever increasing demand for healthcare in the Gampaha District. It is with this background that Browns Healthcare (Pvt) Ltd has decided to acquire St. Peters Hospital Ragama. Keeping in line with the concepts of Browns healthcare,a keen focus will be given to provision of affordable, high touch, quality, and patient-centric hospital care.”

The current hospital will undergo a major refurbishment process.