India, Sept. 16 -- Park Medi World Limited, through its group entity, has entered into a 28-year Operations and Management (O&M) arrangement to operate and manage an established 300-bed multi-super speciality hospital in Kanpur, Uttar Pradesh.
The hospital, spread across approximately 1.2 lakh sq ft, will undergo renovation, modernisation and re-equipment before being commissioned by the end of the current financial year. It will offer a comprehensive range of multi-super speciality healthcare services.
Under the asset-light model, Park Group will invest in renovation, modernisation and medical equipment while taking responsibility for the hospital's operations and management, without acquiring the underlying land or building. The company...