Nawaloka Hospitals tops healthcare on LMD’s Most Respected Entities Listing – The Island


Affirming its indelible reputation as the country’s pioneering private healthcare provider, Nawaloka Hospitals roars ahead on LMD’s Most Respected Entities Listing. Nawaloka Hospitals Chairman Dr. Jayantha Dharmadasa was thus honoured as one among LMD’s Most Respected Businesspeople in recognition of his steadfast leadership, powerful vision and immense contribution to expanding the boundaries of Sri Lanka’s private healthcare sector.

Nawaloka Hospitals also claimed victory as the top entity in the healthcare sector and was listed among the Top 20 Companies inducted into LMD’s Hall of Fame. The hospital was elected as the sector winner in terms of corporate culture, CSR and Sustainability, crisis management, honesty, dynamism and quality consciousness. Further, Chairman Dr. Jayantha Dharmadasa and Deputy Chairman Harshith Dharmadasa were recognised on LMD’s illustrious Hall of Fame listing for Chairman and Chief Executives.

This victory is in recognition of the remarkable progress achieved by Nawaloka Hospitals in delivering excellence in clinical outcomes, operational efficiency, patient experience and financial health during the challenging past year. The healthcare giant also prides itself in implementing a strong, sustainable business model that has enabled it to offer diversified operational specialities through high-end, value-added medical services, a model that recently had its financial rating of BBB- with a stable outlook reaffirmed by ICRA Lanka.

“We are deeply humbled to receive such honour among our corporate peers at this particularly challenging period in Sri Lanka. Nawaloka Hospital’s has always strived hard to bring quality, compassionate care to communities, expand healthcare access, promote health equity by bringing care to those most in need, and improve the health of all we serve. Our mission has been especially critical during the COVID-19′ pandemic, which was a catalyst for reinvention, and we believe we are currently positioned to emerge stronger and smarter out of this crisis. I am especially grateful for the unwavering and selfless dedication of our doctors, consultants, staff and all our frontline caregivers for their remarkable and life-changing service.

“I want to stress that a hospital cannot earn acceptance overnight. It is gained from the cultivation of trust and respect over a long period of time. This highly coveted national recognition on LMD’s Most Respected Entities Listing is therefore a clear testament to our place among the people and the high level of corporate respect we have garnered thus far,” remarked Nawaloka Hospitals Deputy Chairman Harshith Dharmadasa.

Commencing operations in 1985 as the first private sector hospital in Sri Lanka, the Nawaloka group has over the years established a strong brand name in the Sri Lankan healthcare industry. The premier multi-specialty hospital was designed to replicate the advanced medical technology and care offered by leading healthcare facilities around the world, and ensure that these services are available to all Sri Lankans. Set to become a centre of excellence in high-tech diagnostic and curative facilities, it is driven by a vision of becoming the hospital of tomorrow. It is currently one of the largest hospital chains in Sri Lanka with a total capacity of 365 beds in Colombo and Negombo hospitals, further strengthened by its island-wide network of labs.

The hospital chain houses world-class facilities in strategic locales across the island to enable Sri Lankans everywhere to access the expertise of a team of reputed consultants and specialists, and supporting medical staff. In 2021, Nawaloka commenced the construction of an extension building to the Negombo regional hospital, further enabling the hospital chain to strengthen its regional presence. Nawaloka Hospitals specialist center also operates 14 speciality treatment centres, including a bone marrow transplant unit, post-COVID care center, kidney centre, neuro centre and heart centre.

Starting January 2021, Nawaloka Hospitals also introduced four world-class, fully-geared Intermediary Care Centres with ICU facilities, by partnering with several star class hotels, to offer a total capacity of 900 beds. The hospital also offers in-house treatment for COVID-19 patients in one of their isolated wings. To date, the hospital had treated over 10,000 COVID-19′ patients.

The Most Respected Entities rankings are based on a survey commissioned and conceptualised by Lanka Monthly Digest (LMD) and conducted by leading research firm Nielsen. This year’s survey covered a sample of 800 respondents, managers and above, from listed companies across a set of 12 different attributes; financial performance, quality consciousness, management profile, honesty, innovation, dynamism, corporate culture, CSR, vision and nation-mindedness.



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