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Park Hospitals Builds One of Tricity's Largest Healthcare Networks with Panchkula Launch and Mohali Expansion



Posted On : 2026-04-10 10:36:36( TIMEZONE : IST )

Park Hospitals Builds One of Tricity's Largest Healthcare Networks with Panchkula Launch and Mohali Expansion

Park Group of Hospitals has today launched advanced multi-super specialty hospital in Panchkula, alongside the ongoing expansion of its Mohali facility, strengthening access to advanced healthcare across the Tricity region. The hospital has been developed to address the growing demand for tertiary and quaternary care services across Haryana, Punjab, Himachal Pradesh, and Chandigarh. By bringing high-end medical care closer to patients, the hospital aims to reduce dependence on metro cities such as Delhi for advanced treatments.

The Panchkula hospital is equipped with advanced diagnostics, modular operation theatres, critical care infrastructure, and will deliver comprehensive care across key specialties including oncology, neurosciences, orthopedics, cardiology, and critical care including robotic-assisted procedures. Designed with a strong focus on high-acuity care, a significant proportion of beds are dedicated to critical care services.

Park Hospitals' care delivery is anchored in a healthcare model that enables high-quality patient care, and excellent clinical outcomes. This is complemented by structured patient counselling and engagement, helping patients and families better understand treatment pathways and recovery journeys. The Group's operating model is further supported by efficient infrastructure and capex planning allowing it to deliver high-quality healthcare at accessible costs.

Commenting on the development, Dr. Ankit Gupta, Managing Director, Park Group of Hospitals, said, "The launch of our Panchkula facility and upcoming expansion in Mohali mark a significant step in building a scaled, integrated healthcare ecosystem across North India. With a combined capacity of approximately 850 beds in the Tricity region, we are strengthening our ability to deliver advanced, high-acuity care closer to patients. Our focus is on building centres of excellence across key specialties while leveraging technology and operational efficiencies to deliver highquality care at scale."

Dr. Sanjay Sharma, CEO & Whole Time Director, Park Hospitals, added: "The Panchkula hospital has been designed to deliver seamless, patient-centric care supported by strong clinical governance and modern infrastructure. By combining full-time clinical expertise with advanced technology and structured patient engagement, we aim to enhance treatment outcomes and overall patient experience across the region."

Shares of Park Medi World Limited was last trading in BSE at Rs. 204.35 as compared to the previous close of Rs. 206.20. The total number of shares traded during the day was 54549 in over 1306 trades.

The stock hit an intraday high of Rs. 210.60 and intraday low of 198.35. The net turnover during the day was Rs. 11243188.00.

Source : Equity Bulls

Keywords

INE119201023 ParkMediWorld PARKHOSPS Hospital Expansion Mohali PanchkulaLaunch