 "Apollo Hospitals has been investing big in infrastructure and bringing in advanced technologies such as Proton Therapy for cancer treatment, which has resulted in a higher debt")
Led by a recovery in occupancy and footfalls, the country’s largest hospital chain Apollo Hospitals Enterprises reported an improvement in December quarter performance. While the numbers cannot be compared with the year ago period as well as September quarter levels given the pharmacy restructuring, its performance excluding the impact of the pharma reorganisation were better on a sequential basis.
While 83 per cent of the company’s 8,816 beds are operational, occupancy levels have increased to 63 per cent as compared to 56 per cent in the September quarter. Patient footfalls have increased with outpatients at 65-70 per cent of pre-Covid levels,
