KIMS Expands Footprint: Signs 7-Year Management Deal with Splendid Hospitals

Krishna Institute of Medical Sciences (KIMS) has entered into a strategic operations and management agreement with Splendid Hospitals for an initial term of 7 years, extendable by 3 years. Under this agreement, KIMS will serve as the exclusive operator to manage, run, and control Splendid's operations7. This partnership aligns with KIMS' aggressive expansion strategy, following recent moves into Maharashtra and Kerala. KIMS continues to strengthen its position as a leading multi-specialty healthcare provider in India, now operating 12 hospitals with over 4,000 beds across multiple states8. The deal is expected to enhance KIMS' presence and service offerings in new markets.

 

Sources: NSE India, Justdial