Outpatients drive Abu Dhabi’s NMC Health profits 26% higher | The National

Outpatients drive Abu Dhabi’s NMC Health profits 26% higher | The National:



"Abu Dhabi’s NMC Health reported increased profits as outpatient numbers surged.




The group’s first half net profit grew 26.6 per cent to US$40.9 million, as net debt also grew by 56.4 per cent to $99.6m. Cash and cash equivalents touched $227.5m, declining by 15.3 per cent. 



Occupancy at its hospitals reached 70 per cent, up from 63.6 per cent, as the group added 16 beds in the period to touch 277. The revenue per patient increased marginally by 1.6 per cent to $113.8."



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