Chart of the Day: How profitable are health services?

Profitability was down in 2011 due to lower operating surplus recorded by hospitals.

The Singapore Department of Statistics reported:

Profitability Ratio of overall health services was 10.6 per cent in 2011, lower than the 11.2 per cent registered in 2010. The drop in profitability ratio was mainly attributed to lower operating surplus recorded by hospitals. Within the industry, western clinics registered the highest profitability ratio of 22.3 per cent in 2011.

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