Released on: September 22, 2008, 2:06 am

Press Release Author: PRHUB

Industry: Healthcare

Press Release Summary: AyurVAID Hospitals, a new generation hospital chain
pioneering rigorous, process and documentation driven, classical Kerala Ayurveda
medical services, today announced the formal opening of its hospital in Bangalore
with in-patient facilities. It is Bangalore's first facility of this scale, format
and size. Bangalore's first ever Ayurvedic medicare facility of it's kind, the
hospital with 30 beds, and all modern amenities, offers the full range of Ayurveda
out-patient and in-patient medical services for treatment of serious medical
conditions. The hospital is located off the Koramangala Intermediate Ring road
towards its' intersection with Old Airport road, proximate to Dell.

Press Release Body: Bangalore, September 22, 2008: AyurVAID Hospitals, a new
generation hospital chain pioneering rigorous, process and documentation driven,
classical Kerala Ayurveda medical services, today announced the formal opening of
its hospital in Bangalore with in-patient facilities. It is Bangalore's first
facility of this scale, format and size. Bangalore's first ever Ayurvedic medicare
facility of it's kind, the hospital with 30 beds, and all modern amenities, offers
the full range of Ayurveda out-patient and in-patient medical services for treatment
of serious medical conditions. The hospital is located off the Koramangala
Intermediate Ring road towards its' intersection with Old Airport road, proximate to
Dell.

Announcing the foray into Bangalore, Rajiv Vasudevan, CEO, AyurVAID Hospitals said,
"There are many reasons why the entry of AyurVAID into the Bangalore market is a
notable event. It is for the first time that a full fledged Ayurveda hospital in
this scale and format has been set up outside of Kerala. With an outstanding team of
physicians, including two M.Ds in Panchakarma, complemented by a well trained
nursing team, the AyurVAID Hospital in Bangalore shall offer gentle yet effective
solutions for chronic illnesses and lifestyle disorders commonly found in Bangalore
today. AyurVAID Hospital shall serve a growing section of society who wish to go
beyond symptomatic relief and for a gentle medical solution that addresses the root
cause of the illness for a long lasting solution. AyurVAID will serve to fill a
significant gap in the medical services available to the people of this dynamic and
vibrant city of Bangalore".

Ganesh Subramaniam, CFO, AyurVAID Hospitals added "With several leading medical
insurance third party administrators (TPAs) having accredited AyurVAID Hospital,
Bangalore, as a network hospital, medical insurance policy holders can avail of
cashless facility for inpatient Ayurveda medical care, subject to the underlying
terms of their insurance policy.”

AyurVAID has many firsts that distinguish it - It adopts a rigorous, standardized
and documentation-driven approach; it has a unique medical services model that
appropriately integrates classical Kerala Ayurveda medical practice with
contemporary medical science, and it is the first Ayurvedic hospital to be
empanelled by leading TPAs as a network hospital thus making cashless
hospitalization possible. Besides the rigorous 5-year education programs that
include detailed study of the classical Ayurveda medical science, as well as
essentials of modern medicine, surgery and pharmacology that Ayurvedic physicians
undergo, AyurVAID further trains its' professionals in its unique approach and
business model.



About AyurVAID Hospital:
AyurVAID Hospitals is a new generation hospital chain pioneering rigorous, process
and documentation driven, classical Kerala Ayurveda medical services that is
appropriately & effectively integrated with modern medicine. It seeks to make
accessible nationwide quality Kerala-Ayurveda medical care, particularly for chronic
illnesses. AyurVAID administers medicines which are customized and are well under
permissible limits. AyurVAID Hospitals’ is empanelled as a Network Hospital by 12
leading medical insurers and leading Third Party Administrators (TPAs) facilitating
cashless medical management for policy holders, a landmark achievement in the
Ayurveda industry, representative of the breakthroughs AyurVAID seeks to make.
AyurVAID currently has two hospitals in Aluva and Cochin in addition to the just
opened unit in Bangalore, which are functional. AyurVAID recently received funding
from Acumen Fund, a non-profit global venture fund that uses entrepreneurial
approaches to solve the problems of global poverty, which will be deployed to open a
minimum of 40 hospitals with in-patient facilities. These will be supplemented by
outpatient treatment/consultation points in a hub & spoke model to enable
country-wide affordable and sustainable access to quality medical care. For more
information, visit www.ayurvaid.com
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