Aster Cayman Medcity will give the Cayman Islands an unprecedented level of access to the most advanced medical services & intensive care facilities, providing a level of healthcare resilience that is literally second to none. Our health is our most precious commodity, something brought starkly into focus by the global pandemic. Having the right health infrastructure, especially intensive care infrastructure, literally becomes a life-vs-death definer in many countries.
Aster Cayman Medcity will make us the number one location in the World for intensive care beds per head of population, & bring access to latest advanced treatments & techniques at the highest level, in many instances in areas where we have previously had to travel or not had access at all.
The Cayman Islands has a population of around 65,000 people, across 3 islands. It’s also a population that is ageing. It is impossible for a nation of that size to provide comprehensive tertiary & quaternary services, or keep up with the latest technologies. However, Aster’s presence in the Cayman Islands, alongside other medical tourism & local providers, creates an environment in which the most complex medical specialties & technologies are supported by international medical travellers, & thus also available, on-island, for local populations.
Everyone in a small island nation knows someone who has had to travel for treatment, someone who has not made it because timeliness is often critical, someone who can’t afford care at typical US tariffs or someone where local capacity or expertise just couldn’t cope. Our future status as THE destination for destination healthcare addresses these injustices, & Aster Cayman Medcity is a big step forward in that vision.
Tertiary & quaternary services i.e. services designed to address the most severe & the most complex of cases rely on the combination of highly skilled doctors & nurses seeing comparatively high volumes of rare & complex cases, access to the latest advanced diagnostic equipment & techniques, advanced treatment modalities & all of the backup of intensive care facilities used to dealing with the sickest of patients.
For this reason, they are generally unsustainable & out of reach of small populations. However, the Cayman Islands benefits from Aster Cayman Medicity’s international, regional focus, allowing it to bring the very best in services supported by a much wider population than its domestic one.
In so doing, our local population gains access to a level of care that is simply unprecedented on an island. This will save lives, reduce costs & put complex care within reach of many who just don’t have access.
Annually in the Cayman Islands, we spend approaching $0.5 billion USD on healthcare, & a significant portion of that is on highly specialist care. We send many patients to the USA for that care, some of them facing bills in the order of 7 figures.
Cayman Islands Government spends over $40m USD annually on tertiary care for uninsured, under-insured & indigent persons. Every million we can save by providing tertiary & quaternary care locally, at far more cost-effect fee levels, is a million that can be used in the economy to develop the islands or support those finding themselves struggling from the effects of the pandemic.
When is the project likely to start? Our aim is to break ground in late 2020. Although that might feel very swift, given the economic damage caused by Covid-19, the need to support the construction sector and the fact that so many have lost jobs, we wanted to waste no time in starting to repair some of that damage and the lives it has touched.
Our aim is to break ground in late 2020. Although that might feel very swift, given the economic damage caused by Covid-19, the need to support the construction sector & the fact that so many have lost jobs, we wanted to waste no time in starting to repair some of that damage & the lives it has touched.
We intend to use Caymanian contractors & traders wherever technically feasible & that will definitely include the main build. Where contractors are hiring, we’ll also be applying some pressure to ensure that maximum Caymanian employment is gained from the project.
Both Aster & the local team feel passionately that building a hospital & environmental responsibility need to go hand in hand. Although it is early days, we are already looking at technology & innovation as levers for achieving the lowest possible environmental footprint. Our target areas already include - Use of efficient energy generation (Example: Solar), waste water capture & use, onsite waste management with a near-zero landfill component, full recycling programme, low energy consumption technologies (Example: Air conditioning), & Maximisation of green space, fully integrated into the design using local flora.
Aster Caribbean Holdings has received full written approval from the Central Planning Authority (CPA) for both its Planned Area Development in West Bay and its application to commence clearing and filling the site, ready for construction to commence on its 160-bed hospital tertiary and quaternary hospital.
Ms. Alisha Moopen, Deputy Managing Director of Aster DM Healthcare and Lead for International Development, including Aster Cayman Medcity in the Cayman Islands, has been awarded the accolade of inclusion in the list of Women of Influence in the Arab World 2021
Aster DM Healthcare, a rapidly growing healthcare player in India, has received the accolade of being recognised among The Economic Times’ Best Healthcare Brands of 2021. The eminent award recognises brands for their commitment to innovation in the healthcare sector, patient satisfaction and loyalty, quality of services offered and clinical excellence.
Today Aster Caribbean Holdings confirmed the location for its clinical excellence hub for the Western hemisphere, serving the Caribbean Region, North America, Canada, Latin & South America, and also that planning approval had been submitted for a Planned Area Development Master Plan. That location is confirmed as a significant site in West Bay, Grand Cayman.
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