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KIMS to increase the number of beds to 8,000 in 2 years

Hospitality and Healthcare  -  Aug 09,2023  - 

As part of its intentions to double the number of beds to 8,000 over the next two to three years, Krishna Institute of Medical Sciences (KIMS) has growth in Maharashtra and Karnataka lined up, according to its Chief Executive Officer Abhinay Bollineni.

Through strategic collaborations, the year (2022-23) sees our entry into Maharashtra in significant centres like Nagpur and Nashik.

Bollineni wrote in his letter to shareholders in the annual report for the year 2022–23, "The Nagpur unit brings another 330–plus beds into our arms in addition to the tremendous untapped potential of the town and adjacent areas.

The Nashik unit is under advanced stage of construction and expected to be operationalised next year. We are all set to enter Karnataka in the ensuing year with a 250 bed hospital in the heart of Bangalore,” he added.

KIMS has “immediate’ plans to expand to Thane, Mumbai. “All these initiatives will lead to doubling of our capacity to 8,000 beds in the next 2-3 years spanning across the States of Telangana, AP, Maharashtra and Karnataka,’‘ the CEO said.

The year 2022-23 was marked by consolidation and expansion for KIMS. Sunshine hospitals came into its fold in late 2021 and the process was consolidated in 22-23 yielding a revenue contribution of 19 per cent.

KIMS Sunshine will be shifted soon to the company’s own premises that will add 300 new beds.

Company : Krishna Institute of Medical Sciences (KIMS)