Let A, B be any two positive definite \(n\times n\) matrices and Y be any \(n\times n\) matrix. The matrices \(M_Y(A,B)=\left[ \begin{array}{cc} A &{} A^{\frac{1}{2}}YB^{\frac{1}{2}} \\ B^{\frac{1}{2}}Y^{\star }A^{\frac{1}{2}} &{} B \end{array}\right] \) for Y to be contractive, expansive or unitary matrix, are in fact arising from matrix/operator means. We aim to establish the signatures of the eigenvalues of the sum of two matrices of the type \(M_Y(A,B).\) We characterise any \(n\times n\) matrix A through its dilations given by \({\mathcal {P}}_3(A)=\begin{bmatrix} O &{} A &{} A^2\\ A^* &{} O &{} A\\ {A^*}^2 &{} A^* &{} O \end{bmatrix}\) and \({\mathcal {M}}_3(A)=\begin{bmatrix} I &{} A &{} A^2\\ A^* &{} I &{} A\\ {A^*}^2 &{} A^* &{} I \end{bmatrix},\) by means of inertia of dilations.