Healthy Truce

ldblquote Many patients in the North and East provinces were earlier prevented from travelling to Colombo for private medical facilities. Ongoing peace process will boost the numbers for the private sector healthcare due to freedom of movement
dblquote , notes Dr. Neville Fernando, Managing Director Asha Central Hospital.

rnrnAsha Hospital, which accounts for almost 25 percent of the out patients market in Colombo, will be quoted on the Colombo Stock Exchange
quote s less stringent secondary board via an introduction tomorrow. Asiri Hospital was the first to seek a listing under the services sector.

rnrnAsha has benefitted from the rapid growth in corporate health plans and poor state medical facilities.

rnrnThe hospital
quote s average occupancy rate rose 20 percent to 75 percent during the past five years, resulting in a Rs. 291 mn turnover and Rs. 17 mn Profit before Tax for 2001.

rnrnPrivate sector hospitals operating in Sri Lanka mainly cater to the middle and upper-middle class market and accoun

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