Improved efficiency, demand help hospital chains make gains in 2024

Average revenue per occupied bed of major health care companies grows

India's private hospital sector in 2024 clocked single digit growth in average revenue per occupied bed (ARPOB), helped by improved operations and advanced medical treatment. Apollo Hospitals and Fortis Healthcare reported strong revenue growth, showcasing the impact of strategic measures and enhanced patient care.

 

Apollo, a leading health care provider, reported a 3 per cent increase in hospital occupancy in 2024, alongside a modest 2 per cent price hike for services. The growth was attributed to higher patient volume, fewer invasive surgeries, and shorter hospital stays.

 

The chain said 30-35 per cent of cases it treats are daycare procedures: A