Krishna Institute of Medical Sciences (KIMS) has entered into an Operations and Management Agreement (the O&M agreement) with Aurevia Hospitals (AHPL) for an initial term of 5 years with an extension for a further period of 5 years on an exclusive basis, to run, manage, operate, direct and control the Arete Hospitals (the Arete) which AHPL has acquired vide Business Transfer Agreement (BTA) dated July 3, 2026. KIMS has agreed to provide the Medical Services at Arete in accordance with the terms and conditions as mentioned under O&M agreement.
KIMS has also entered into Call Option Agreement with AHPL which will give KIMS an option but not an obligation to acquire the business, if found suitable subject to such terms and conditions and at such price as are set out in the definitive documents.
Arete is a multispecialty hospital in Gachibowli, Hyderabad. Located in the heart of Cyberabad’s prominent software and IT hub, the hospital provides primary, secondary, and tertiary care across diverse medical and surgical specialties. The state-of-the-art healthcare facility is equipped with an operational capacity of approximately 250 beds, offering advanced medical infrastructure to cater to the growing demand for comprehensive healthcare services in the region.
Krishna Institute of Medical Sciences is one of the largest corporate healthcare groups in AP and Telangana in terms of number of patients treated and treatments offered.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 8659.00 |
| Max Healthcare Inst. | 997.00 |
| Narayana Hrudayalay. | 1815.60 |
| Aster DM Quality | 761.10 |
| Global Health | 1409.25 |
| View more.. | |
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