Fortis Healthcare's occupancy rate FY 2014-2023

Published by A. Minhas, Oct 19, 2023
Fortis Healthcare Limited reported 67 percent in its hospitals' occupancy rate in financial year 2023. This was increase from the previous year's occupancy rate which stood at 63 percent. The highest rates observed were in in fiscal year 2017 which stood at 75 percent.

Occupancy rate for Fortis Healthcare Limited hospitals from financial year 2014 to 2023

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Release date

July 2023

Region

India

Survey time period

FY 2014 to FY 2023

Supplementary notes

Occupancy rate for a hospital depends on the maturity of hospitals as mature hospitals tend to get more reference for treatments compared to lesser matured hospitals. In addition to this, occupancy rate also depends on the availability of required hospitals, skills of the doctors, standard of the hospitals and the quality of results and treatment provided by hospitals.
India's financial year begins in April and ends in March of the following year. For example, FY 2012 started in April 2011 and ended in March 2012.

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