Government regulations mean hospitals have been forced to cut their charges for drugs and devices in that cardiology and orthopaedics. Pacemakers are to be hit next, with falls of 50-70% in pricing. These price cuts apply even for wealthy private patients paying cash. Small wonder the largest player, Apollo Hospitals, is down 29% on the year with Fortis off 18%. So how are Indian hospital groups reacting?
October 4, 2017
