Park Hospital
Park Hospital (Park Medi World) is the second-largest private multi-super specialty hospital chain in North India, operating 17 NABH-accredited hospitals with 3,610 beds across 12+ cities in six Indian states, serving retail, government (CGHS), corporate, and international patients via 30 specialty service lines anchored by ten Centres of Excellence.
- Company typePublic
- Founded1982
- HeadquartersGurugram, India
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Park Hospital does
Park Hospital, operated by the publicly listed entity Park Medi World (NSE: PARKHOSPS), is the second-largest private hospital chain in North India, operating 17 NABH-accredited hospitals with 3,610 beds across 12+ cities in six states (Delhi, Haryana, Punjab, Rajasthan, Uttar Pradesh, and Uttarakhand) as of 31 March 2026. Founded in 1982, the company employs a workforce in the 1,001-5,000 range and runs a hub-and-spoke clinical platform anchored by ten Centres of Excellence — Cardiac Sciences, Neurosciences (Brain & Spine), Renal Sciences & Kidney Transplant, Bone Marrow Transplant, Cancer Care, Gastroenterology, Orthopaedics & Joint Replacement, Plastic & Cosmetic Surgery, General and Laparoscopic Surgery, and iMARS Robot-Assisted Surgery — supported by 30 multi-specialty service lines including obstetrics & gynaecology, paediatrics, endocrinology, dermatology, and fertility management, plus in-house NABL-accredited pathology and imaging diagnostics.
The revenue model is predominantly fee-for-service across inpatient and outpatient care, surgeries (CABG, kidney transplant, bariatric, knee replacement, oncology, ECMO, robotic-assisted), 24/7 emergency services, and ICU/critical care. Pricing is quote-based and not publicly disclosed. Supplementary revenue streams include preventive health check packages and corporate health plans (recurring/transactional), CGHS government empanelment (managed services), international patient services covering visa, airport pick-up, and dedicated case management (medical tourism), and ancillary diagnostics (MRI, X-ray, ultrasound, interventional radiology). Distribution is direct-to-consumer via 17 hospital sites plus digital channels (online appointment booking, teleconsultation, WhatsApp business chat, and electronic report access). Post the December 2025 IPO that raised ₹920 crore, Park has pursued an aggressive cluster-based expansion strategy, completing four acquisitions totalling at least ₹422 crore (KPIMS Agra ₹245 crore, V3 Healthcare Rudrapur ₹177 crore, plus Krishna Bathinda and Febris Narela) and launching a greenfield hospital in Panchkula, with management targeting 5,260-5,460 beds by FY28 and ultimately 10,000 beds.
Park Hospital firmographics
Firmographics- Name
- Park Hospital
- Legal name
- Park Medi World
- Website
- https://parkhospital.in
- Company type
- Public
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Park Hospital (Park Medi World) is the second-largest private multi-super specialty hospital chain in North India, operating 17 NABH-accredited hospitals with 3,610 beds across 12+ cities in six Indian states, serving retail, government (CGHS), corporate, and international patients via 30 specialty service lines anchored by ten Centres of Excellence.
- Ownership category
- akta.pro rank
Park Hospital industry classification
Industry- Product category
- Multi-Super Specialty Hospital Services
- NAICS
- General Medical and Surgical Hospitals (622110)
- SIC
- Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060)
- akta.pro primary industry
- Community & Regional General Hospitals (HLAFAAAB)
Keywords
Where Park Hospital is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices17 records
Markets served
Park Hospital business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Hospital Treatment Services: Primary revenue driver — multi-super specialty inpatient and outpatient treatment, surgeries (CABG, kidney transplant, bariatric, knee replacement, cancer surgeries, bone marrow transplant, ECMO, robot-assisted surgery, cosmetic/plastic surgery), 24/7 emergency services, and ICU/critical care across 17 NABH-accredited hospitals.
- Diagnostics & Laboratory Services: In-house diagnostic imaging (MRI, X-ray, ultrasound, interventional radiology) and NABL-accredited pathology/microbiology lab services including online report request.
- Preventive Health Check Packages & Corporate Packages: Recurring/transactional revenue from preventive health packages, health check-up plans, and corporate health packages marketed to individuals and enterprises.
- Government Scheme (CGHS) Empanelment Revenue: Revenue from Central Government Health Scheme panel empanelment; a 25-30% CGHS rate hike was a noted tailwind for the company.
- International Patient Services (Medical Tourism): Cross-border patient revenue from international patients supported by visa assistance, airport pick-up, payment options, and dedicated case management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Quote-based hospital, surgical, and diagnostic pricing; not publicly listed |
Go-to-market motion4 records
Park Hospital product offering
Product offeringCore offering
Park Hospital (Park Medi World) operates a network of 17 NABH-accredited multi-super specialty hospitals across North India, delivering tertiary and quaternary inpatient and outpatient clinical services, complex surgeries (including CABG, kidney transplant, bariatric, knee replacement, cancer surgeries, bone marrow transplant, ECMO, and iMARS robot-assisted surgery), 24/7 emergency and critical care across ~3,610 beds, supported by in-house diagnostics (NABL labs, MRI, interventional radiology) and a digital patient-engagement layer for appointments, teleconsultation and report access.
Product overview
Park Hospital is a multi-hospital, multi-speciality platform operated by Park Medi World, positioned as the second-largest private hospital chain in North India with a network of 17 NABH-accredited hospitals and approximately 3,000 beds across cities including Delhi, Gurugram, Palam Vihar, Faridabad, Sonipat, Panipat, Karnal, Ambala, Patiala, Mohali, Panchkula, Bathinda, Behror, Jaipur, and Agra. The offering is structured as a hub-and-spoke clinical platform in which ten super-speciality Centres of Excellence (Cardiac Sciences; Neurosciences – Brain & Spine; Plastic & Cosmetic Surgery; General and Laparoscopic Surgery; Renal Sciences & Kidney Transplant; Bone, Orthopaedics, Joint Replacement & Sports Medicine; Gastroenterology & Surgical Gastroenterology; Cancer Care; Bone Marrow Transplant; and iMARS / Robot-Assisted Surgery) anchor tertiary care, supported by multi-speciality service lines (Obstetrics & Gynaecology, Dermatology, ENT, Critical Care, Paediatrics, Internal Medicine & Geriatrics, Endocrinology, Psychiatry, Interventional Radiology & Imaging, Nuclear Medicine, Ophthalmology, Dental Care, Bariatric Surgery, Fertility Management, Pathology & Microbiology, etc.) and ancillary support services (Physiotherapy, Blood Bank, Helipad Services, Speciality Clinics such as the Hearing Clinic, Skin Clinic, and Prostate Clinic). Wrapping the clinical portfolio is a digital services layer comprising Online Appointment Booking, Teleconsultation, Health Packages/Preventive Care, an Online Patient Report Request portal, International Patient Services, and Immigration Medical Examination services.
Differentiator
Problem solved
Functional benefit
Brands
- Grecian Super-Speciality Hospital: Park Hospital at Mohali, Punjab; a multi-super specialty facility operating under the Park Group of Hospitals network.
- Nidaan Hospital
- AMRC Hospital
- Healing Touch Hospital
- KPIMS Hospital
- Krishna Super-Speciality Hospital
- The Medicity Hospital
Products and services
- Cardiac Sciences (Centre of Excellence) Super-speciality cardiac care covering CABG, ECMO, heart-disease treatment, and other heart-related interventions for patients requiring advanced cardiac surgery.
- Neurosciences - Brain & Spine (Centre of Excellence) Super-speciality neurological, brain, and spine surgery services for patients requiring complex neurosurgical intervention.
- Cancer Care (Centre of Excellence)
- Bone Marrow Transplant (Centre of Excellence)
- iMARS Robot-Assisted Surgery (Centre of Excellence)
- Renal Sciences & Kidney Transplant (Centre of Excellence)
- Bone, Orthopaedics, Joint Replacement & Sports Medicine (Centre of Excellence)
- Gastroenterology & Surgical Gastroenterology (Centre of Excellence)
- Plastic & Cosmetic Surgery (Centre of Excellence)
- General and Laparoscopic Surgery (Centre of Excellence)
- Obstetrics & Gynaecology
- Dermatology
- ENT (Ear, Nose, Throat)
- Critical Care
- Paediatrics & Paediatric Surgery
- Internal Medicine & Geriatrics
- Endocrinology
- Psychiatry
- Interventional Radiology & Imaging
- Nuclear Medicine
- Ophthalmology
- Dental Care
- Bariatric Surgery
- Fertility Management
- Pathology & Microbiology
- Physiotherapy
- Blood Bank
- Hearing Clinic Specialty clinic focused on hearing-related diagnostics and care.
- Skin Clinic Specialty clinic for skin and dermatology care.
- Prostate Clinic
- Online Appointment Booking
- Teleconsultation / Consult Online
- Health Packages / Preventive Care
- International Patient Services
- Immigration Medical Examination
- Online Patient Report Request
- Helipad Services Helipad-based emergency air-transfer service available at Park Hospital, Ambala, supporting rapid medical evacuation.
Companies that use Park Hospital
Customer profileIdeal customer profiles3 records
Park Hospital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Park Hospital partnerships and signals
Strategic signalScale indicators15 records
Recent moves10 records
Expansion highlights5 records
Park Hospital competitors and assessment
Company assessmentDirect peers
- Max Healthcare Institute: Max Healthcare is one of India's largest hospital chains with a heavy concentration in Delhi-NCR and North India, operating multi-super specialty facilities across cardiac, neuro, oncology and transplant specialties — directly comparable to Park Hospital's footprint and specialty mix.
- Fortis Healthcare: Fortis Healthcare operates a national network of multi-super specialty hospitals with significant presence in Delhi-NCR, Punjab and Rajasthan, offering cardiac, neuro, oncology, renal and transplant services that overlap Park Hospital's Centres of Excellence.
- Medanta (Global Health): Medanta operates flagship multi-super specialty hospitals in Gurugram and other North Indian cities with strong cardiac, neuro, oncology and transplant programs, competing head-to-head with Park Hospital in the NCR catchment.
- Narayana Health: Narayana Health operates a national network of multi-specialty and super-specialty hospitals with strong cardiac and oncology programs, comparable in service mix and asset-light expansion approach to Park Hospital.
- Manipal Hospitals: Manipal Hospitals runs a large multi-super specialty hospital network across India with tertiary-care programs in cardiac, neuro, oncology, renal and transplant services — directly comparable to Park Hospital on service portfolio and bed-scale economics.
- Shalby Hospitals: Shalby Hospitals operates a multi-super specialty hospital chain in India with notable orthopaedics and joint-replacement programs, comparable to Park Hospital on specialty mix and on the listed-hospital business model.
- KIMS Hospitals (Krishna Institute of Medical Sciences): KIMS Hospitals is a listed Indian multi-super specialty chain focused on tertiary and quaternary care across cardiac, neuro, oncology and renal specialties, comparable to Park Hospital on listed status, service portfolio and growth-by-acquisition model.
- Aster DM Healthcare: Aster DM Healthcare operates hospitals and clinics across India and the GCC with multi-specialty tertiary care offerings, comparable to Park Hospital on multi-super specialty positioning and listed-equity business model.
- Yatharth Hospital and Trauma Care Services: Yatharth Hospital is a listed North Indian multi-super specialty chain with hospitals in Delhi-NCR and UP — directly comparable to Park Hospital on geographic overlap, listed-equity status and specialty mix.
Broad incumbents
- Apollo Hospitals Enterprise: Apollo Hospitals is India's largest and most diversified hospital chain with pan-India multi-super specialty facilities and an extensive network of Centres of Excellence. It is a broad incumbent comparable on specialty breadth, scale and tertiary-care positioning rather than geography.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Park Hospital social profiles
Digital presencePark Hospital compliance and trust
Trust signalCompliance3 records
Park Hospital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Park Hospital leadership team
Management profileNumber of profiles
Profiles4 records
Park Hospital subsidiaries and ownership
Company hierarchySubsidiaries4 records
Park Hospital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Park Hospital M&A and investment
M&A and investmentM&A7 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Park Hospital
What does Park Hospital do?
Park Hospital (Park Medi World) operates a network of 17 NABH-accredited multi-super specialty hospitals across North India, delivering tertiary and quaternary inpatient and outpatient clinical services, complex surgeries (including CABG, kidney transplant, bariatric, knee replacement, cancer surgeries, bone marrow transplant, ECMO, and iMARS robot-assisted surgery), 24/7 emergency and critical care across ~3,610 beds, supported by in-house diagnostics (NABL labs, MRI, interventional radiology) and a digital patient-engagement layer for appointments, teleconsultation and report access.
Is Park Hospital a public or private company?
Park Hospital is a public company. It is classified as public and is currently operating.
When was Park Hospital founded?
Park Hospital was founded in 1982. It employs 1,001 to 5,000 people.
Where is Park Hospital based?
Park Hospital is headquartered in Gurugram, India, in the Asia region.
How does Park Hospital make money?
Five revenue lines are on record. Hospital Treatment Services are the primary driver. The others are diagnostics & Laboratory Services, preventive Health Check Packages & Corporate Packages, government Scheme (CGHS) Empanelment Revenue and international Patient Services (Medical Tourism).
Who are Park Hospital's main competitors?
Direct peers on record are Max Healthcare Institute, Fortis Healthcare, Medanta (Global Health), Narayana Health, Manipal Hospitals, Shalby Hospitals, KIMS Hospitals (Krishna Institute of Medical Sciences), Aster DM Healthcare and Yatharth Hospital and Trauma Care Services. Apollo Hospitals Enterprise is listed as a broad incumbent.
Does Park Hospital have an API?
No public API is recorded for Park Hospital.
What industry is Park Hospital in?
Park Hospital's product category is Multi-Super Specialty Hospital Services. Its primary akta.pro industry code is HLAFAAAB, Community & Regional General Hospitals. Its NAICS code is 622110 and its SIC code is 8062.