Bangkok Dusit Medical Services (BDMS TB): Returning of International Patients Drove 1Q23 Performance
281 Views12 Jul 2023 19:34
SUMMARY
- Bangkok Dusit Medical Services (BDMS TB) recorded 4% YoY growth in hospital revenue in 1Q23, driven by higher patient intensity at Center of Excellence (COE) and returning of international patients.
- However, Thai patient revenues decreased 6% YoY due to a decrease of COVID-19 related revenues, in line with improving COVID-19 situation in Thailand.
- BDMS targets to increase its bed capacity to ~9,000 beds in 2027 from 8,400 beds in 2022. BDMS targets revenue CAGR of 6–8% during 2023–2025.
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Tina Banerjee
Global Healthcare Analyst
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