Industry Analysis : Healthcare

Industry Analysis : Healthcare

World Ranking

Not in order.To be updated.

• Ramsay Health Care - leader in Australia and France
• Ascension Health - USA 
• IHH Health Care (Parkway Pantai) - Malaysia, Singapore, Turiks

India Ranking

• Apollo Hospitals
• Hospitals : 32
• Beds : 4500
• Narayana Health
• Hospitals : 20
• Beds : 5100
• Fortis Healthcare
• Hospitals : 28
• Beds : 3600
• Max Hospital
• Hospitals :14
• Beds : 2300
• HCG
• Hospitals : 18
• Beds : 1300

KP Indicators

• Occupancy
• Beat Sector Average
• Sector Average : 60%
• Other metrics
• Cost per bed
• Lesser is better
• Doctors per bed
• Lesser is better
• Support staffs per bed
• Lesser is better
• Percentage of visiting doctors
• Less than 5% for both Apollo and HCG) - Good in Long term.
• Approx 50% for Fortis, NH and Max hospital - Good in short term
•  Property - owned or leased
• Owned - Good in long term
• Apollo ( owned > leased)
• Leased - Good in short term
• HCG, NH and Fortis ( Leased > owned)

Research Report :

https://www.dsij.in/productAttachment/premarketreport/Market_Healthcare_Edelweiss_24.03.18.pdf