KIMS Signs MoU with Wipro GE Healthcare valuing upto INR 700 Crore

Krishna Institute of Medical Sciences (KIMS), one of the largest corporate healthcare groups in India with over two decades of excellence, signed a Memorandum of Understanding (MoU) to procure medical technology and services of Upto INR700 crore with Wipro GE Healthcare, a leading global medical technology, diagnostics, and digital solutions innovator. As part of this MoU, Wipro GE Healthcare will be an end-to-end medical technology partner for KIMS providing new products, replacements, and service to the existing and new branches of the hospital system over the next 3 years. The MoU covers 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.

"At KIMS, we have been advancing patient care by providing multi-disciplinary integrated healthcare services with a focus on tertiary and quaternary healthcare at affordable cost for over two decades. 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.

Chaitanya Sarawate, Managing Director of Wipro GE Healthcare, stated, "KIMS hospitals is a leader, a visionary, and has a steadfast commitment to enhancing access to quality care by employing cutting edgemedical technology. This aligns firmly with Wipro GE Healthcare's mission to improve the health of communities worldwide. 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."

Raghavendra Rao, Business Head, Imaging, Wipro GE Healthcare, added, "KIMS hospitals is a valued customer, and this collaboration demonstrates our joint mission of driving innovation and excellence in healthcare. The strength of our portfolio coupled with our local manufacturing and service capabilities positions us as the MedTech partner of choice in India. We are proud to partner with KIMS in their journey to advance healthcare outcomes across the country."

Source : Equity Bulls

Keywords

KrishnaInstituteofMedicalSciences KIMS MOU GEHealthcare