Friday, 19 April, 2024
HomeWeekly RoundupLife Healthcare sees an increase in occupancy

Life Healthcare sees an increase in occupancy

Private hospital group Life Healthcare said it had seen an increase in occupancy as lockdown restrictions eased, reports Business Day. Hospital occupancy in Southern Africa jumped from 39%, with no elective cases, under lockdown level five in April, to 61% currently, the company said in a business update for April to July 2020.

“As South Africa appears to be coming out of the COVID-19 surge in August and with the introduction of the level 2 lockdown we expect to see an increased rate of return of elective cases,” the company said.

Revenue in April was 40% lower than the previous year while it had increased on a monthly basis, while revenue was 14% lower in July compared to the same time in 2019.

 

[link url="https://www.businesslive.co.za/bd/companies/healthcare/2020-08-31-hospital-occupancy-lifts-as-lockdown-eases-life-healthcare-says/?utm_source=&utm_medium=email&utm_campaign=Spur+COO+Mark+Farrelly+resigns+%7C+Sun+International+expects+recovery+to+be+slow+%7C+Vukile+Property+Fund+delays+dividend+again&utm_term=http%3A%2F%2Fwww.businesslive.co.za%2Fbd%2Fcompanies%2Fhealthcare%2F2020-08-31-hospital-occupancy-lifts-as-lockdown-eases-life-healthcare-says%2F"]Full Business Day report[/link]

MedicalBrief — our free weekly e-newsletter

We'd appreciate as much information as possible, however only an email address is required.