On August 27, 1972, Dr. G Kalyani Menon and Adv. P G Menon established Lakshmi Hospital. The hospital began as a six-bed maternity nursing home. In Palakkad, Kerala, it is currently a super-specialty hospital and a prominent referral cardiology centre. Dr. P B Jayagopal assisted the hospital in reaching another milestone in August 1994 by establishing an intense cardiac care unit. It is Palakkad's first tertiary cardiac care centre. The hospital is dedicated to delivering high-quality medical care to people in and around Palakkad. Lakshmi Hospital's first location was on Chittur Road, and in 2012, a second location was opened on Coimbatore Road.