Covid-19 cost Netcare R143m in lost revenue in March
A plunge in hospital admissions weighed on income, the private hospital group says
25 May 2020 - 08:41
Private hospital group Netcare says a sharp fall in hospital admissions in March cost it R143m in lost revenue, with the effect of the pandemic worsening in April, when acute hospital patient days almost halved.
The group has opted against any forward guidance as the pandemic continues, saying on Monday that acute hospital days for April fell 49.5%, while mental health patient days fell 63.3% year on year...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.