Indian hospitals gain on higher rates for key procedures under health scheme

Max Healthcare Institute

06/10/2025 06:57

** Indian healthcare stocks .NIFHEIN climb 0.5%

** India raises rates for key medical procedures under central government health services scheme starting October 13

** Macquarie sees procedure rates in key therapy areas of cardiology, neurology, oncology, orthopedic rising by 5%-30%

** Says "meaningful" price revision, first in 15 years, positive for hospital industry

** Fortis Healthcare FOHE.NS rises 7% - top gainer among pack, trailed by Narayana Hrudayalaya's NARY.NS 5% climb

** Apollo Hospitals APLH.NS, Max Healthcare MAXE.NS up 2.3% and 4.3%, respectively

** Brokerage estimates MAXE, APLH's EBITDA to see mid-single-digit pct increase, assuming high-teens pct increase in procedure rates

** YTD, FOHE gains 46%, biggest gainer among major hospital operators; APLH up 4.4%, MAXE falls 4%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))