Krishna Institute of Medical Sciences Limited (KIMS) has secured a long-term lease for 2 acres of land in Amaravati, Andhra Pradesh. The company plans to construct a state-of-the-art 500-bed multi-speciality hospital. This strategic expansion aims to bring high-end tertiary and quaternary healthcare services, including organ transplants and critical care, to the region, reducing the need for patients to travel to other major metropolitan cities for specialized medical treatment.
Strategic Healthcare Expansion
KIMS Hospitals has officially entered into a long-term lease agreement with the Andhra Pradesh Capital Region Development Authority (APCRDA) to acquire 2 acres of land. The lease agreement spans a period of 60 years, marking a significant commitment to the development of healthcare infrastructure in the region.
Proposed Facility Highlights
The company will develop a new 500-bed multi-speciality hospital designed to meet the growing demand for advanced medical care. The facility is set to offer a wide array of clinical services, including:
- Cardiology and Neurosciences
- Oncology and Gastroenterology
- Orthopaedics and Organ Transplants
- Critical Care and Mother & Child Care
Impact on Local Healthcare
By establishing this facility in Amaravati, KIMS aims to bridge the gap in specialized healthcare access for the city and surrounding districts. The new hospital will be equipped with state-of-the-art technology, allowing patients to access high-end tertiary and quaternary care locally. This move aligns with the company’s broader strategy to expand its footprint in underserved markets, ensuring specialized medical expertise is available closer to home for the residents of Andhra Pradesh.
Source: BSE
