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Revenue of MSMEs in hospital segment poised for 8-12 per cent in FY24, Crisil

Revenue of micro, small, and medium enterprises (MSMEs) in the hospital segment is expected to grow 8-12 per cent YoY this financial year to Rs 4.2-4.9 lakh crore, says a Crisil report.

Supported by higher ARPOB and increased patient enrolment, the operating margin of MSMEs hospitals is estimated to improve 50–100 basis points Y-o-Y to 16–18 per cent in FY25, from 15–17 per cent in FY24. Orthopedics, critical care and oncology segments are the major revenue earners.

This may be attributed hugely to the Ayushman Bharat scheme providing healthcare assurance of Rs 5 lakh per family. Growing demand for elective surgeries, and price hikes are the other key drivers.
MB Bureau

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