News on Medial

Related News

Pristyn Care opens its first super-speciality hospital in South Delhi

EntrackrEntrackr · 11m ago
Pristyn Care opens its first super-speciality hospital in South Delhi
Medial

Pristyn Care opens its first super-speciality hospital in South Delhi Surgery-focused healthcare institution Pristyn Care has opened its first super-specialty hospital in South Delhi. With this, the Gurugram-based firm is expanding its infrastructure and deepening its commitment to advanced patient care. According to the company, the new hospital has four modular operating theaters with advanced technology, including a Level 3 NICU for newborn care. With the expansion, Pristyn Care is equipped to handle cosmetology and dermatology, offering a high-end setup for procedures such as anti-aging treatments, fat loss therapies, and CoolSculpting, along with a comprehensive range of laser treatments. In the last five years, Pristyn Care has conducted 300,000 surgeries. It now handles over 3 million patient interactions yearly, with 100,000 surgery registrations each month. Pristyn Care aims to establish 50 hospitals across 25 cities within the next three years, with plans to open 15 new hospitals in the coming year. The expansion will focus on key cities such as Delhi NCR, Bangalore, Hyderabad, Mumbai, Pune, Chennai, Patna, Coimbatore, Bhubaneswar, Chandigarh, Ahmedabad, and Kochi. Additionally, three new hospitals are set to be launched within the next four months. To support the growth, Pristyn Care aims to employ more than 3,500 healthcare professionals and 750 surgeons in the facilities. For the fiscal year ending in March 2024 (FY24), Pristyn Care’s operating revenue grew by 32.7% to Rs 601 crore from Rs 453 crore in FY23. In FY25, the company claims to have reduced its EBITDA burn by 60% year-over-year. In December 2021, the company secured $96 million from Peak XV Partners and Tiger Global to attain unicorn status.

Pristyn Care launches 5 hospitals in 75 days, eyes expansion to more metros

EntrackrEntrackr · 9m ago
Pristyn Care launches 5 hospitals in 75 days, eyes expansion to more metros
Medial

Pristyn Care launches 5 hospitals in 75 days, eyes expansion to more metros Healthcare startup Pristyn Care has launched five super-specialty hospitals across the National Capital Region (NCR) in just 75 days, a major expansion in its efforts to offer advanced patient care through its own infrastructure. The new facilities include two hospitals in Delhi's Safdarjung Enclave and Malviya Nagar, and one in Gurugram. Their launch comes just three weeks after Pristyn Care’s first hospital became profitable within two months of opening, according to the company’s press release. The new hospitals are outfitted with modular operating theatres, advanced diagnostic labs, critical-care units, and state-of-the-art medical equipment, as per the release. The expansion has also added over ten points to its Net Promoter Score. The company adds that the facilities now include fully equipped IVF laboratories and next-generation dermatology suites, strengthening its commitment to holistic healthcare and comprehensive patient wellness. “Our patient-centric technology speeds up admission, accelerates insurance approvals and discharge, and allows doctors to focus on compassionate treatment,” said Harsimarbir Singh, Co-founder of Pristyn Care. According to the startup, it’s now gearing up to take its owned-hospital model to other major metros, including Mumbai, Bengaluru, Hyderabad, Pune, Chennai, Ahmedabad, Patna, Chandigarh, and Coimbatore.

Pristyn Care turns its first hospital profitable within 2 months

EntrackrEntrackr · 9m ago
Pristyn Care turns its first hospital profitable within 2 months
Medial

Setting a new benchmark in India’s healthcare sector, Pristyn Care has turned its first hospital in South Delhi profitable in less than two months, according to sources. This contrasts with the usual timeline in the healthcare sector, where hospitals generally take between 12 to 24 months to reach break-even. The Gurugram-based firm opened its first super-specialty hospital in South Delhi in February this year. “The hospital reached double-digit profitability within weeks of opening. The hospital currently has the capacity to handle 30% more patients, providing room for further growth while continuing operations,” said one of the sources. Establishing its own hospital infrastructure in the capital is helping the company go deeper into patient care and ensure tighter control over the end-to-end patient journey. This greater control is enabling consistent delivery, stricter adherence to safety protocols, and a more integrated care experience for every patient. Unlike most healthcare institutions where demand is doctor-driven, Pristyn Care has been generating its own patient flow — even while operating out of partner hospital infrastructure. “With its own hospital now operational, the company has seen a 10-point rise in its Net Promoter Score (NPS), reflecting higher patient satisfaction,” said another source. Confirming the development to Entrackr, Dr. Vaibhav Kapoor, co-founder of Pristyn Care, said, “This milestone is a reflection of the trust patients place in us. With our own hospital, we’re able to deliver more consistent, safer, and compassionate care — every single day.” Pristyn Care’s technology platform plays a key role in this progress by managing doctor schedules, patient coordination, and the surgical process. This helps make operations more efficient and improves the overall patient experience. Harsimarbir Singh, co-founder of Pristyn Care, added, "In healthcare, trust is everything. By managing the full care continuum ourselves, we’re earning that trust one patient at a time — and that’s the real success story." As per sources, over 60% of its patient inflow is organic. The company already disclosed its plans to open 50 hospitals across India in the next three years, with new locations in cities like Mumbai, Bengaluru, Hyderabad, Pune, Chennai, Ahmedabad, Patna, Chandigarh, and Coimbatore. Backed by the likes of Peak XV and Tiger Global, Pristyn Care secured $96 million to attain unicorn status in December 2021. In FY24, the company’s operating revenue grew by 32.7% to Rs 601 crore from Rs 453 crore in FY23. In FY25, it claims to have reduced its EBITDA burn by 60% year-over-year.

Download the medial app to read full posts, comements and news.