Bumrungrad Hospital to see ‘soft’ revenue growth for Q1: report

A report said that its single-campus model limits its ability to benefit from foreign tourists.

Bumrungrad Hospital (BH) is projected to experience a ‘soft’ revenue outlook for the first quarter of the year (Q125F), with an expected 2% year-on-year revenue growth.

A CGS International report said that the hospital’s single-campus model limits its ability to benefit from foreign tourists who fall ill while travelling in Thailand.

Meanwhile, the Muslim fasting month of Ramadan will take place from 28 February to 29 March, which is expected to have a full impact on BH’s Q125F results.

This contrasts with the previous year when the impact of Ramadan was split between the first and second quarters. Muslims are likely to travel less during Ramadan in 2025, further influencing hospital revenue.

“However, BH normally raises its prices at the beginning of the year and we expect it to hike prices by 4% in 2025F,” the report said.