KIMS Signs Rs 700 Crore Deal With Wipro GE for Medical Equipment
Krishna Institute of Medical Sciences (KIMS), a Hyderabad-based hospital chain, announced that it has signed a memorandum of understanding (MoU) with Wipro GE Healthcare to acquire medical technology and services worth up to Rs 700 crore. This agreement will cover the procurement of new products, replacements, and services for all 12 existing KIMS hospitals, as well as four upcoming hospitals, over the next three years.
The MoU covers a full suite of medical technology products designed, developed, and manufactured by Wipro GE Healthcare including PET CTs, SPEC CTs, Cath labs, MRIs, CT Scanners, ultrasounds, and critical care equipment, among others.
“As we expand across Southern and Western India, Wipro GE Healthcare with its unparalleled local footprint, and robust service network, offers predictability, scalability, and life cycle management. With this partnership, we aim to elevate the quality of care in India”, said Dr. Bhaskar Rao, chairman & managing director of KIMS.
“We are certain that together we can accelerate the transformation of the healthcare delivery in India and bring our latest technologies to our population and enable access to quality care for all”, said Chaitanya Sarawate, MD of Wipro GE Healthcare.
KIMS Hospitals is one of India's largest corporate healthcare networks, operating across four states: Telangana, Andhra Pradesh, Maharashtra, and Kerala. It provides integrated, multi-disciplinary healthcare services with a focus on tertiary and quaternary care at affordable prices. The hospital chain comprises 15 facilities located in Telangana (Secunderabad, Kondapur, Gachibowli, and Begumpet), Andhra Pradesh (Nellore, Rajahmundry, Srikakulam, Ongole, Vizag - 2 units, Anantapur, and Kurnool), Maharashtra (Nagpur and Nashik), and Kerala (Kannur).