Advanced Health sees double-digit patient growth
The day clinic operator says its offering remains competitive when compared to overnight hospitals
27 February 2020 - 08:19
Day clinic operator Advanced Health said on Thursday its product offering remained a competitive prospect for patients compared to overnight hospitals, reporting a 14% growth in patients for its half year to end-December.
Revenue grew 9% to R265.5m, though the group’s loss for the period widened 49% to R23.1m, largely due to accounting changes that brought leases onto the balance sheet. Excluding the effect of accounting changes, the group’s loss would have improved to R14.9m...
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