The Palakkad District Co-operative Hospital and Research Centre Ltd., No.P. 878 was registered on 1-6-1984 under the Kerala Co-operative Societies Act, 1969 by the then Joint Registrar of Co-operative Societies, Palakkad, Sri. Ambat Ambujaksha Menon and commenced functioning on 26-6-1984, under the leadership of the founder President Sri.C.V.Ramachandran, a veteran co-operator and the former President of the Palakkad District Co-operative Bank Ltd. It is the only Hospital in the Co-operative Sector which caters to the medical needs of the common, downtrodden and unprivileged classes of Palakkad District. After its inception in 1984, it started functioning as a full fledged hospital in 1989, in a rented building in Kalmandapam. As the functioning of the hospital was cramped for want of space for expansion, the management under the able leadership of Sri.K.A.Chandran Ex. ML. A, for more than a decade, shifted the hospital to the present rented building in the heart of the Palakkad Town opposite to the Government District Hospital.