Apollo Chairman Prathap C Reddy said if there is an increase in health care cost by up to two per cent, hospitals would be in a position to absorb the hike but anything more than that would have to be passed on to patients.
So, after GST the cost increase for hospitals will be around two per cent more, he added.
"If the increase is up to two per cent, hospitals can absorb it but if it is three or four per cent then patients will have to bear it," Reddy said.
The GST Council has exempted health care from GST slated to be rolled out from July 1.
He, however, welcomed the government's move to exempt health care from GST.
Apollo Hospitals had stated earlier that the government has accorded health care and education the due importance and impetus that they need to become game-changing agents for transforming India, its people and the economy.
Reddy also said the company is back to normal after the demonetisation and continues to grow.
Apollo Hospitals has 9,215 beds across 64 hospitals. It also has 2,500 pharmacies, over 90 primary care and diagnostic clinics and more than 110 telemedicine centres.