Business Standard

Covid-19 will drive revenues for hospitals, diagnostic labs in 2021

The RT-PCR tests will carry on, and the massive vaccination drive will require lakhs of antibody tests to check for immunity

Hospitals, covid, patients, doctors, healthcare workers, nurses
Premium

According to an EY report, occupancy levels in hospitals had fallen to 30-40 per cent by the end of March this year, whereas pre-Covid, they were around 65-70 per cent

Ruchika ChitravanshiSohini Das Mumbai
Hospitals and diagnostic labs that have been at the forefront of the fight against Covid-19 in 2020 are looking forward to resume normal business — non-emergency treatments, elective surgeries and medical tourism — next year. Most of these had come to a grinding halt in the wake of the pandemic, hitting revenue targets.

But whether or not the pandemic comes to an end in 2021, hospitals and labs will continue to earn revenues on its account. The RT-PCR tests will carry on, and the massive vaccination drive will require lakhs of antibody tests to check for immunity. One would need

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 31 2020 | 6:10 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com