Park Medi World rises on inking pacts to acquire KP Institute of Medical Sciences [Healthcare]
AI Summary1 min read
TL;DR
Park Medi World, a major North Indian hospital network, has signed agreements to acquire KP Institute of Medical Sciences, expanding its healthcare services and capacity.
Tags
Hospital & Healthcare ServicesHealthcarePark Medi WorldKP Institute of Medical SciencesHealthcare AcquisitionHospital NetworkNorth India
The company is engaged in operating one of the largest private hospital networks in North India, being the second largest in the region with a total capacity of 3,000 beds and the largest in Haryana with 1,600 beds as of September 30, 2024 (Source: CRISIL Report). It manages 13 NABH-accredited multi–super specialty hospitals under the ‘Park’ brand, of which seven are also NABL accredited, spread across Haryana, New Delhi, Punjab and Rajasthan, delivering high-quality and affordable healthcare across a broad range of specialties. The company provides more than 30 super specialty and specialty services, including internal medicine, neurology, urology, gastroenterology, general surgery, orthopedics and oncology.