The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Listed Sri Lanka hospitals have strong growth prospects: Fitch EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

2 posters

    Listed Sri Lanka hospitals have strong growth prospects: Fitch

    CK
    CK
    Active Member
    Active Member


    Posts : 1393
    Join date : 2015-11-01

    Listed Sri Lanka hospitals have strong growth prospects: Fitch Empty Listed Sri Lanka hospitals have strong growth prospects: Fitch

    Post by CK Sat May 26, 2018 1:57 pm

    ECONOMYNEXT – Sri Lanka’s listed hospitals will continue to grow strongly given growing demand for private health care, although regulatory price controls will constrain profitability, Fitch Ratings said in a new report.

    Long-term demand drivers are intact for private hospital operators, the report on the sector said.

    “Increasing demand for private healthcare is driven by Sri Lanka’s aging population and rising incidence of non-communicable diseases (NCDs), which state hospitals are not well-equipped to handle,” it said.

    Growth is also supported by the rise in medical insurance penetration.

    “Demand for private healthcare in Sri Lanka is likely to improve in the medium to long term with wider acceptance of medical insurance, helped by government-led insurance schemes and increasing personal income.”

    However, Fitch Ratings said the shortage of trained professionals could be a growth constraint.

    “We expect further expansion of private hospitals to be hobbled by the shortage in qualified physicians and nursing staff. We do not expect the shortage to resolve in the medium term.”

    Rising personal incomes also mean private healthcare is within reach of more and more people.

    “Also, consumers seek convenience and better service standards that are not met by the public sector due to under capacity,” the report said.

    Sri Lanka's urban population, which forms 15% of total population, earns income that is 25%-30% higher that of the rest of the country, and most private operators have located hospitals close to them.

    Income levels in rural areas have increased at a faster pace than urban areas in recent years, and decline in the use of outpatient and inpatient care at state hospitals by the rural population in recent years also indicates a shift to private healthcare, Fitch said.

    “These create opportunities for private operators to expand outside of the main cities.”

    However, there are limits on such growth as qualified and popular consultants are mostly concentrated in urban areas.

    “Most of the qualified and established consultants are with the government sector now, and they are concentrated in the Western Province,” Fitch Ratings said.

    “Private operators have had to establish their hospitals close to these skilled professionals to obtain their services.”

    About 55% of state-sector consultants are attached to hospitals in the Western Province and in the Galle and Kandy districts.

    “Any private hospital seeking to expand outside of the Western Province runs the risk of not attracting popular physicians, which may hamper the long-term success of the hospital.”

    Hospital operators will continue to face pressures from the depreciation of the Sri Lankan rupee, which increases their cost of sales, and the shortage of trained staff, which compels hospitals to pay a premium to recruit them.

    The operators are able to pass on most of these costs to customers and protect margins in the medium term because of the specialised service they provide and the undersupply of providers.

    “However, the pass through of costs has been curtailed by government price controls on certain services, such as physician consultations, surgical procedures and lab tests,” Fitch Ratings said.

    The government has imposed price caps on certain essential drugs, blood tests, channelling services and medical devices such as lenses used in cataract surgeries and stents used on heart patients to reduce costs for patients.

    “The changes reduce the prices of medical devices dramatically, ranging from around 50% for stents and 35% to 75% for lenses, which has reduced the profitability of private hospitals carrying out such procedures,” Fitch said.

    “We believe continued intervention by the government via taxes and price controls add volatility to sector profitability, which was previously generally stable.”
    (COLOMBO, May 25, 2018)
    Ethical Trader
    Ethical Trader
    Top contributor
    Top contributor


    Posts : 5568
    Join date : 2014-02-28

    Listed Sri Lanka hospitals have strong growth prospects: Fitch Empty Re: Listed Sri Lanka hospitals have strong growth prospects: Fitch

    Post by Ethical Trader Sat May 26, 2018 10:04 pm

    Thanks.

      Current date/time is Sat Jun 15, 2024 3:11 pm