Park Medi World Expands Private Healthcare Network in Tricity to 850 Beds

Park Medi World Limited set out two steps to widen care access in North India. Park Group of Hospitals authorised a new 350-bed multi-super specialty hospital in Panchkula. Park Group of Hospitals also cleared a 150-bed addition at its 350-bed Mohali campus. The Panchkula hospital is scheduled to open on March 29, 2026.

The company said these moves increased capacity across the Tricity healthcare cluster. Patients in Haryana, Punjab, Himachal Pradesh, and Chandigarh were set to benefit. The plan combined a new site in Panchkula with added beds in Mohali. It also aimed to deepen services for higher-acuity treatments in the region.

"With the addition of the Panchkula hospital and the upcoming expansion at its Mohali campus (Grecian Super Specialty Hospital), Park Hospital's consolidated capacity across the Tricity region will reach 850 beds, making it the largest private healthcare network in the region," said Park Medi World in a regulatory statement.

The Tricity setup included the operating 350 beds in Mohali. It also covered the newly opened Panchkula facility, planned up to 350 beds. A further 150-bed super specialty extension was slated at Mohali. Together, these parts formed the 850-bed total across Mohali and Panchkula.

Dr. Ankit Gupta, Managing Director, Park Medi World Limited, said: "The launch of our Panchkula hospital and the expansion of our Mohali facility mark a significant milestone in Park Hospital's journey to strengthen advanced healthcare access across the Tricity region. With a combined capacity of 850 beds across our Mohali and Panchkula campuses, we are building one of the most comprehensive private healthcare networks in the region. The new Panchkula hospital, along with the upcoming 150-bed super speciality expansion in Mohali, reflects our long-term commitment to developing centres of excellence in high-acuity care. Our focus is on strengthening capabilities in areas such as oncology, neurosciences, gastro sciences, and robotic surgeries, while introducing advanced technologies that enable minimally invasive and patient-centric treatment. As healthcare needs continue to evolve across North India, our goal is to create an integrated ecosystem that brings together clinical expertise, technology, and scale to deliver world-class care closer to the communities we serve."

The Mohali expansion targeted higher-acuity specialties for clinical capability upgrades. Areas listed included oncology, neurosciences, gastro sciences, and robotic surgeries. The hospital also planned robotic joint replacement services. Park Medi World said this would raise capacity for minimally invasive treatment choices at the Mohali site.

Park Medi World North India hospital network and bed capacity

Across North India, Park Group operated 15 hospitals with 3,610 beds. The company described itself as the second-largest hospital chain in North India. Park Group was also expanding existing sites to add 1,850 beds. It was integrating six more hospitals, each at different completion stages.

Park Group expected total bed capacity to reach 5,460 by March 2028. The network footprint covered cities such as Delhi, Gurgaon, Faridabad, Panipat, Karnal, Sonipat, Ambala, Mohali, Patiala, Bathinda, Behror, Jaipur, and Agra. The service mix included cardiology, neurology, oncology, orthopaedics, gastroenterology, and critical care.

Other listed services included nephrology, organ transplants, gene therapy, and stem-cell therapy. Park Group also offered care focused on children and women. On the market side, Park Medi World Ltd.'s share price was Rs 204.39 on the BSE. The reading was as on March 10, 2026, at 3:13 PM IST.

During the session, the stock traded between Rs 201.65 and Rs 208.50. The day’s high of Rs 208.50 also marked its 52-week high. The 52-week low remained Rs 138.15. These figures came as Park Medi World outlined the Tricity capacity additions and the wider network build-out through March 2028.

Metric	Value
BSE price (March 10, 2026, 3:13 PM IST)	Rs 204.39
Day’s low	Rs 201.65
Day’s high	Rs 208.50
52-week high	Rs 208.50
52-week low	Rs 138.15