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
Characteristic
Hospital occupancy rate
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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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Website (Fortis Healthcare). (July 8, 2023). Occupancy rate for Fortis Healthcare Limited hospitals from financial year 2014 to 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/974028/fortis-healthcare-occupancy-rate-india/
Website (Fortis Healthcare). "Occupancy rate for Fortis Healthcare Limited hospitals from financial year 2014 to 2023." Chart. July 8, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/974028/fortis-healthcare-occupancy-rate-india/
Website (Fortis Healthcare). (2023). Occupancy rate for Fortis Healthcare Limited hospitals from financial year 2014 to 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/974028/fortis-healthcare-occupancy-rate-india/
Website (Fortis Healthcare). "Occupancy Rate for Fortis Healthcare Limited Hospitals from Financial Year 2014 to 2023." Statista, Statista Inc., 8 Jul 2023, https://www.statista.com/statistics/974028/fortis-healthcare-occupancy-rate-india/
Website (Fortis Healthcare), Occupancy rate for Fortis Healthcare Limited hospitals from financial year 2014 to 2023 Statista, https://www.statista.com/statistics/974028/fortis-healthcare-occupancy-rate-india/ (last visited August 24, 2024)
Occupancy rate for Fortis Healthcare Limited hospitals from financial year 2014 to 2023 [Graph], Website (Fortis Healthcare), July 8, 2023. [Online]. Available: https://www.statista.com/statistics/974028/fortis-healthcare-occupancy-rate-india/