Dr. Prakash back in 1978 an elite group of philanthropists and businessman met to discuss the setting up of a hospital specializing in cardiac cases. As a prelude,
with Dr.P.M.Varkey, FRCP as its Chairman . The society subsequently sponsored the Trichur Heart Hospital Ltd, the first investor owned, multi disciplinary Super Speciality High Tech Corporate Hospital with Dr. Varkey as its President and Chief Promoter. The project was conceived with an idea of establishing an institution of international standards to provide excellence in treatment, nursing care, service and cleanliness.