Rising costs and expenses incurred in developing Covid infrastructure, in addition to the fact that non-Covid treatments had remained suspended for most of 2020 and 2021, had necessitated increased charges, authorities said. Peerless Hospital and Medica Superspecialty Hospital, where rates have already been increased.
Hospitals have pointed out that a rate hike is also needed to provide pay rises to their doctors and other staff, who have not received a raise since 2020.
Others, however, said they wanted to re-consolidate their operations after the Covid disruptions and were looking to boost revenue in other ways, rather than a fee hike.
Peerless Hospital increased its fees this month. The hospital has increased its bed fee by around Rs 200 to Rs 300 in all categories and survey fee by around 5%. She also plans to increase her income by adding extra beds.
“There has been no increase since 2020,” CEO Sudipta Mitra said. “But, since then, the situation has changed. Life is now back to normal and non-Covid treatments have resumed on a large scale. We have to increase our charges to meet the rising costs. Almost everything is more expensive – the running costs, electricity, investigation charges being the main ones.Additionally, Covid weighed on our income, while investments had to be made several times to set up Covid units. have not been raised for two years, but now we have to offer raises to our employees,” he added.
Mitra claimed Peerless was the only hospital to suffer a loss in 2020-21.
Medica Superspecialty Hospital has made a 5% fee increase since April 1. . For insured patients, the fees remain the same,” said Chairman Alok Roy.
Woodlands Hospital is analyzing its costs and “may introduce a rate increase at the end of the current quarter,” CEO and Managing Director Rupali Basu said. “We haven’t increased our hospital costs in the past two years mainly due to Covid. But now an increase in costs seems inevitable,” she said.
Charnock Hospital also plans to revise rates this year. “There is a possibility of a load review later in the year, although we don’t do it immediately. All costs have increased, including labor, consumables and fuel. Our margins have been halved due to multiple health plans,” the CEO said. Prashant Sharma.
Others, like AMRI hospitals, are not immediately considering a fee increase. “Instead, we are trying to increase operational efficiency and offset increased expenses. Our fees have also not been revised since the pandemic. But we have no plans to increase fees now. Instead, we are exploring other sources of revenue-increasing and cost-cutting,” said CEO Rupak Barua.
Peerless: increased fee of Rs 400-500 for the bed in all categories and for the survey by 5%
Medica Superspecialty: Made a 5% increase in fees since April 1, which includes bed fees, survey fees, consumables and treatment fees.
Woodlands: analyzes its costs and could introduce a rate increase at the end of the current quarter
Charnock Hospital: possibility of a review of charges later in the year
AMRI: Trying to increase operational efficiency and offset rising expenses