Mumbai, Feb. 17 -- Krishna Institute of Medical Sciences (KIMS) has taken over the operations and management of UAIMS Hospital, located in Sangli, Maharashtra. This strategic partnership will also enable KIMS to exercise call option (not an obligation) to acquire majority stake in UAIMS Hospital in the coming years. The agreements were signed between Dr. Bhaskar Rao, CMD, KIMS Hospitals and Dr. Milind Parikh, Designated Partner of Ushahkal Abhinav Institute of Medical Sciences LLP, owners of UAIMS Hospital. The new entity will be known as KIMS-UAIMS Hospital.

Published by HT Digital Content Services with permission from Capital Market....