Elective surgeries around 75-80% of pre-COVID levels: Fortis Healthcare
The hospital business is seeing steady ramp-up in occupancy, Ashutosh Raghuvanshi, MD and CEO at Fortis Healthcare in an interview with CNBC-TV18.
“The performance in second half would be much better than the first half,” said Ashutosh Raghuvanshi, MD and CEO at Fortis Healthcare in an interview with CNBC-TV18.
The hospital business is seeing steady ramp-up in occupancy.
“Currently the elective surgeries are hovering around 75-80 percent of pre-COVID levels,” he said.
“20 percent of the revenue came from COVID and 80 percent from non-COVID,” he said.
All the COVID beds are near 100 percent occupied right now, he added.
According to him, the full business is still away from pre-COVID levels.
On Fortis’s capex, Raghuvanshi said, “Our plans are intact. Our net debt has gone slightly higher due to the losses in Q1 by about Rs 100 crore but we still are in a very comfortable position. We have deferred some of our expansion plans by about six months because of the pandemic situation, we have resumed those activities now.”
(Edited by : Santosh Nair)
First Published: Nov 17, 2020 12:22 PM IST
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