Private hospitals suffer from no ops
The longer elective surgeries are postponed, the bigger the losses and more likely private hospital groups will have to take on more debt
12 July 2020 - 00:00
Private hospital groups may need to take on more debt or raise money from shareholders to fund the shortfall from the reduction in elective surgery during the Covid-19 pandemic, analysts say.
With their focus on treating private Covid-19 patients, as well some state patients, the question is what condition private hospital groups will be in once the crisis is over...
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.