Investor Presentaiton
7
Our Patients
IDH serves two principal types of clients: Corporate and Walk-in
Corporate
Patients
include members of institutions
such as unions, private insurance
companies and corporations who
enter into one-year renewable
contracts at agreed rates per-test
and on a per-client basis.
Walk-in
Patients
also referred to as "self-payers,"
are individuals who pay out of
pocket in advance of tests being
completed.
The ratio of corporate to
walk-in patients has been
on the rise in recent years,
a trend expected to
continue as the
Company's markets
develop and become more
institutionally-oriented.
In Egypt, IDH's home
market, this trend has
been encouraged by the
erosion of consumer
spending power caused by
post-devaluation high
inflation, in turn putting
incremental pressure on
corporations to provide
their employees with
health insurance.
The trend plays to the
company's strength of
having the best economies
of scale in the Egyptian
diagnostics industry and
consequently better
COGS/Sales ratio.
The ratio of contract to
walk-in patients during
1H2018 was 71:29
compared with 74:26 in
1H2017, reflecting
IDH's sustained marketing
effort to target walk-in
patients. That said, the
ratio is expected to remain
skewed
in favour of contract
patients.
Walk-in test volumes
increased 13% year-on-
year, however, helped by
successful tactical
marketing programs.
INTEGRATED DIAGNOSTICS HOLDINGSView entire presentation