Jordan Ellis
VPS Lakeshore Hospital, also known as Lakeshore Hospital, is a multi-super speciality hospital in Kochi, Kerala, India. It was founded by Dr. Philip Augustine in 1996 and is currently headed by Shamsheer Vayalil, the founder and managing director of VPS Healthcare. Vayalil is an Indian radiologist and businessman with a net worth of US$2.4 billion as of April 2023. Through VPS Healthcare, his family office, he oversees a large investment portfolio that includes Burjeel Holdings, RPM, LifePharma, Lakeshore Hospital, and other companies.
| Characteristics | Values |
|---|---|
| Name of the owner of Lakeshore Hospital | Dr Shamsheer Vayalil |
| Other names | Shamseer Vayalil Parambath |
| Profession | Radiologist and businessman |
| Date of Birth | 11 January 1977 |
| Place of Birth | Kozhikode, Kerala, India |
| Parents | Hashim Pokkinari and Mariyam Barakkool |
| Education | MBBS at Kasturba Medical College, MD in radiology from Sri Ramachandra Medical College and Research Institute, Chennai |
| Net worth as of April 2023 | US$2.4 billion |
| Companies founded | VPS Healthcare, Burjeel Holdings |
| Companies owned | LLH Hospital in Abu Dhabi, 20 hospitals in three countries, over 23 medical centres, RPM, LifePharma, Lakeshore Hospital, Ziva, Keita, Educare Institute |
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What You'll Learn
- VPS Healthcare took over Lakeshore Hospital in 2016
- Dr Shamsheer Vayalil is the founder and managing director of VPS Healthcare
- Dr Shamseer Vayalil is the CMD of VPS Lakeshore
- Dr Philip Augustine founded Lakeshore Hospital in 1996
- Lakeshore Hospital is one of the largest super-speciality hospitals in South India
VPS Healthcare took over Lakeshore Hospital in 2016
In April 2016, VPS Healthcare, a UAE-based healthcare conglomerate, took over the management of Lakeshore Hospital in Kochi, Kerala, India. The hospital was renamed VPS Lakeshore Hospital. Dr. Shamseer Vayalil, the founder and managing director of VPS Healthcare, became the new CMD of the hospital.
VPS Healthcare acquired a majority stake in Lakeshore Hospital, with their stake increasing from 19% to 60%. This acquisition was part of VPS Healthcare's ambitious expansion plans in the subcontinent. The company had already established a portfolio of 16 hospitals and a network of over 100 medical centres, with a combined business turnover of around $1 billion.
Lakeshore Hospital, founded by Dr. Philip Augustine in 1996, is a multi-super-speciality hospital with over 30 clinical departments and 470 beds. It is one of the largest tertiary care hospitals in the state of Kerala. The hospital has achieved several medical milestones, including the first pediatric bone marrow transplant, the first liver transplant, and the first liver dialysis in Kerala.
VPS Healthcare's takeover of Lakeshore Hospital was aligned with its goal to propel the growth and expansion of quality healthcare in India. Dr. Shamseer Vayalil, a radiologist and businessman, has been instrumental in shaping the healthcare landscape in the Gulf region, with VPS Healthcare overseeing an extensive investment portfolio in various healthcare and pharmaceutical ventures.
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Dr Shamsheer Vayalil is the founder and managing director of VPS Healthcare
Lakeshore Hospital, also known as VPS Lakeshore Hospital, is a multi-super speciality hospital in Kochi, Kerala, India. It was founded by Dr. Philip Augustine in 1996 and started functioning as a multi-speciality hospital in 2003. In 2016, the management of the hospital was taken over by VPS Healthcare, and it was renamed VPS Lakeshore. Dr. Shamsheer Vayalil, the founder and managing director of VPS Healthcare, became the new CMD of the hospital.
Dr. Shamsheer Vayalil is an Indian radiologist and businessman. He pursued an MBBS at Kasturba Medical College, Manipal, and then obtained his MD in radiology from Sri Ramachandra Medical College and Research Institute, Chennai. He worked as a radiologist for 12 months at Sheikh Khalifa Medical City, Abu Dhabi, UAE. In 2007, he opened his first hospital, LLH Hospital in Abu Dhabi.
VPS Healthcare, his family office, oversees an extensive investment portfolio, including Burjeel Holdings, RPM, LifePharma, Lakeshore Hospital, Ziva, Keita, and the Educare Institute. As of April 2023, Dr. Vayalil has a net worth of US$2.4 billion. Through VPS Healthcare, Dr. Vayalil has been shaping the Gulf's healthcare landscape with the largest hospital network through Burjeel Holdings. Forbes India featured him and his decade-long journey, visionary approach to healthcare expansion, and strategic plans for future expansion.
In less than a decade, VPS Healthcare has created a portfolio of 16 hospitals and a network of over 100 medical centres, in addition to ventures in pharmaceutical manufacturing and retail. The company has allocated over Rs 1000 cr for its first phase of expansion in India, with a focus on providing quality healthcare with a patient-centric approach and promoting state-of-the-art facilities for medical tourism.
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Dr Shamseer Vayalil is the CMD of VPS Lakeshore
Dr Shamseer Vayalil is the CMD (Chairman and Managing Director) of VPS Lakeshore Hospital, also known as Lakeshore Hospital. It is a multisuper-speciality hospital in Kochi, Kerala, India, with over 30 clinical departments and 470 beds. The hospital was founded by Dr Philip Augustine in 1996 and has been managed by VPS Healthcare since April 2016.
Dr Vayalil is an Indian radiologist and businessman. He was born in Kozhikode, Kerala, India, on 11 January 1977, to Hashim Pokkinari and Mariyam Barakkool. After completing his schooling, he pursued a MBBS at Kasturba Medical College, Manipal, and later obtained his MD in radiology from Sri Ramachandra Medical College and Research Institute, Chennai. Before starting his own ventures, he worked as a radiologist for 12 months at Sheikh Khalifa Medical City in Abu Dhabi, UAE.
In 2007, Dr Vayalil opened his first hospital, LLH Hospital in Abu Dhabi. Over the next twelve years, his company VPS Healthcare established 20 hospitals across three countries, with over 23 medical centres and approximately 13,000 employees. Through VPS Healthcare, his family office, he oversees an extensive investment portfolio, including Burjeel Holdings, RPM, LifePharma, Lakeshore Hospital, Ziva, Keita, and Educare Institute.
Dr Vayalil has been recognised for his contributions to healthcare and humanitarian efforts. He was conferred with the GPF Global Humanitarian Award, and in 2023, he donated AED 5 million to the Emirates Red Crescent to support relief efforts for those affected by earthquakes in Turkey and Syria. With his visionary approach to healthcare expansion, Dr Vayalil is shaping the Gulf's healthcare landscape through Burjeel Holdings, building the largest hospital network in the region.
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Dr Philip Augustine founded Lakeshore Hospital in 1996
Lakeshore Hospital and Research Centre Ltd was founded by Dr Augustine and started functioning as a multi-speciality hospital in January 2003. The hospital is accredited by the National Accreditation Board for Hospitals & Healthcare Providers (NABH) and has 43 intensive care units and 10 operation theatres. It is one of the largest tertiary care hospitals in the state.
In April 2016, VPS Healthcare, a UAE-based healthcare conglomerate, took over the management of Lakeshore Hospital from Dr Augustine. The hospital was then renamed VPS Lakeshore Hospital. Dr Shamsheer Vayalil, the founder and managing director of VPS Healthcare, became the new CMD of the hospital.
Dr Vayalil is an Indian radiologist and businessman. He is also the founder and chairman of Burjeel Holdings and oversees an extensive investment portfolio that includes RPM, LifePharma, Ziva, Keita, and the Educare Institute, in addition to Lakeshore Hospital. With a combined business turnover of around $1 billion, VPS Healthcare has created a portfolio of 16 hospitals and a network of over 100 medical centres, with ambitious expansion plans for the subcontinent.
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Lakeshore Hospital is one of the largest super-speciality hospitals in South India
VPS Lakeshore Hospital, also known as Lakeshore Hospital, is a multi-super speciality hospital in Kochi, Kerala, India. It is recognised as one of the largest super-speciality hospitals in South India. The hospital was founded by Dr Philip Augustine in 1996 and began operating as a multi-speciality hospital in January 2003. In April 2016, VPS Healthcare, a UAE-based healthcare conglomerate, acquired a majority stake in Lakeshore Hospital. Following the acquisition, the hospital was renamed VPS Lakeshore, and Dr Shamseer Vayalil, an Indian radiologist and businessman, became the new CMD. Dr Vayalil is also the founder and chairman of Burjeel Holdings and oversees an extensive investment portfolio in the healthcare industry through VPS Healthcare, his family office.
Lakeshore Hospital is a 470-bedded facility with over 30 clinical departments and state-of-the-art infrastructure. It has achieved several medical milestones, including the first pediatric bone marrow transplant, the first liver transplant, and the first liver dialysis in Kerala. The hospital also boasts an impressive Guinness World Record for its 'HEART' structure, a replica of the human organ, standing tall at 31.81 ft.
The hospital's expansion plans include adding 200,000 sq. ft. to house oncology, cardiology, and gastroenterology departments. With its focus on patient-centric care and medical tourism, VPS Healthcare aims to propel the growth and development of Lakeshore Hospital, solidifying its reputation as a leading super-speciality hospital in South India.
Lakeshore Hospital's commitment to excellence is evident through its achievements and investments in infrastructure and technology. The hospital's dedicated staff and specialised departments work together to provide quality healthcare services to patients across South India and beyond. With its continuous expansion and advancements, Lakeshore Hospital strives to remain at the forefront of medical innovation and patient care in the region.
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Frequently asked questions
The owner of VPS Lakeshore Hospital is Dr. Shamsheer Vayalil, who is also the founder and managing director of VPS Healthcare.
Lakeshore Hospital was founded by Dr. Philip Augustine in 1996 and started functioning as a multi-specialty hospital in January 2003.
VPS Healthcare took over Lakeshore Hospital in April 2016.
