Through its wholly-owned subsidiary, Umkal Health Care Private Limited, Park Medi World is adding 100 new beds to its existing 225-bed Park Hospital in Palam Vihar, Gurugram. This expanded facility, set to open its doors as ‘Park Hospital Platinum’ in November 2026, aims to integrate elite healthcare facilities with advanced clinical services, promising an unparalleled patient experience.
This isn’t just an arbitrary expansion; it’s a calculated move. The Palam Vihar facility boasts an impressive ~86% occupancy and generated a substantial ~INR 245 crores in revenue during FY’26, highlighting the strong demand for its services. The additional beds will be strategically oriented towards bolstering super-specialty capabilities, enabling comprehensive tertiary care across complex medical conditions.
Expansion Highlights:
- New Beds: 100 additional beds at Park Hospital, Palam Vihar.
- New Brand: Park Hospital Platinum.
- Launch: Expected November 2026.
- Gurugram Capacity Boost: Consolidated bed capacity in Gurugram rises to 750 beds.
- Focus: Bolstering super-specialty and tertiary care capabilities.
Dr. Ankit Gupta, Managing Director of Park Medi World Limited, emphasized that this move reinforces the company’s commitment to comprehensive super-specialty care. This expansion is part of a larger, ambitious growth trajectory for Park Group, already North India’s 2nd largest hospital chain. With 16 hospitals and a current capacity of 3,960 beds, the Group is actively integrating four additional hospitals and expanding two existing units, targeting a total capacity of 5,590 beds by March 2028. This move solidifies Park Medi World’s leadership in providing quality, accessible, and advanced healthcare across the region, making it a name to watch for investors tracking the healthcare sector.