Max MyHealth Digital Platform & CSR Initiatives
2
MAX
Healthcare
Bed share
Growth opportunity in existing facilities
Optimising payor mix
31.3%
29.2%
28.8%*
36.5%
34.2%
2.8%
5.0%
5.6%
2.0%
5.4%
63.8%
66.0%
65.8%
65.6%
58.1%
FY20
FY21
FY22
FY23
9M FY24*
Institutional
International
Self Pay, TPA and Corporate
.
.
Push for reduction in institutional business in order to cater
to demand from preferred channels, driven by -
Steady pace of organic growth in Self Pay, TPA and
corporate channels, and
Growth in International medical tourism, post
resumption of regular international travel
Increase in upcountry footfalls consequent to improved
connectivity
Given that ARPOB for institutional business is ~40% lower
than other channels, its replacement has the potential to
unlock incremental 300-400 bps in EBITDA margins
*In 9M FY24, we added 122 beds at Max Super Speciality Hospital, Shalimar Bagh and decided to ramp up occupancy on some of these beds with institutional patients. Excluding this
hospital, the institutional bed share for 9M FY24 dropped to 26.7%.
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