KIMS Partners with Wipro GE Healthcare in 700 Crore Medical Tech Deal

Krishna Institute of Medical Sciences (KIMS), a hospital chain in Hyderabad, announced that it has signed an agreement with Wipro GE Healthcare to acquire medical technology and services worth up to Rs 700 crore.

The memorandum of understanding will include new products, replacements, and services for a total of 16 hospitals, including 12 existing KIMS hospitals and 4 future hospitals, within the next 3 years.

The memorandum of understanding includes a complete range of medical technology products created, produced, and distributed by Wipro GE Healthcare, such as PET CTs, SPEC CTs, Cath labs, MRIs, CT Scanners, ultrasounds, and critical care equipment.

“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 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 the largest corporate healthcare chains in India with hospitals in 4 states of Telangana, Andhra Pradesh, Maharashtra and Kerala providing multi-disciplinary integrated healthcare services, with a focus on tertiary and quaternary healthcare at an affordable cost.