The board of Hyderabad-based Krishna Institute of Medical Sciences (KIMS) has approved the purchase of stakes in four hospitals located across Maharashtra, Andhra Pradesh, and Telangana. These investments are part of KIMS' strategic expansion, as reported by Hyderabad Mail.
KIMS already has existing management and operations partnerships with these hospitals. The acquisitions are slated to be completed by October 31, 2026, according to Hyderabad Mail.
In Sangli, Maharashtra, KIMS plans to acquire a 6% stake in Usha Kaal Abhinav Speciality Hospital for ₹15 crore. This hospital currently has 316 beds and has the potential to expand to 500 beds.
KIMS will also acquire a 51% stake in Sarvotham Healthcare Private Limited, which operates Trust Multi Speciality Hospital in Kakinada, Andhra Pradesh, for ₹80 crore.
This expansion will enable KIMS to broaden its healthcare services and strengthen its presence in these regions. Residents of Andhra Pradesh and Telangana can anticipate improved access to medical facilities and services.
