Private General Hospitals in Australia - Industry Market Research Report

Bitter pill: Profit has gone under the knife as the COVID-19 pandemic has inflated purchase costs

As with other healthcare services, hospital services in Australia are delivered through a mix of public and private providers. Approximately one-third of Australia's hospitals are operated by private for-profit operators, and not-for-profit religious and charitable institutions. Australia's ageing population and climbing rates of obesity and chronic disease have supported demand for private hospital services in recent years, as has a marginal boost in private health insurance membership. Even so, activity volumes, as measured by hospital separations and patient days, have slowed and constrained revenue growth. Disruptions associated with the COVID-19 pandemic have contributed to the recent volatility in activity volumes, as have ongoing labour shortages, which are holding back private hospital capacity and adding to profit margin pressures.

Private general hospitals provide medical, surgical and diagnostic services, as well as continuous inpatient nursing care. The industry also includes establishments that provide both hospital facilities and training of medical and nursing staff. The industry does not include public-private partnerships.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.