Cryptic crossword clue
One new company beside a railway hospital 9

The most common and most likely answer to this crossword clue is the 9 letter word INFIRMARY

I
N
F
I
R
M
A
R
Y

Buddy explains!

The straight part
We know that "hospital" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case hospital = infirmary.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does INFIRMARY mean?

INFIRMARY noun
  1. A place where sick or injured people are cared for, especially a small hospital; sickhouse.
  2. A clinic or dispensary within another institution.

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