Morningstar | RHC Updated Star Rating from 31 Aug 2018
Ramsay Health Care's private-care offering is clearly differentiated from the public sector, which is capacity-constrained and a haven for government bureaucracy and inefficiency. Operating costs for private hospitals are largely fixed, so increasing facility utilisation can in turn increase operating leverage, and demand for private hospital care is rising due to an ageing population.Through a combination of good fortune and fortuitous planning, Ramsay implemented a significant investment program during the financial downturn. While development costs across the industry fell, this increased capital expenditure was directed to enlarge already-established key metropolitan hospitals. Many of these hospitals have now established a monopolistic regional presence for private hospital care. This added capacity is delivering a rapid increase in operating margins and returns on capital.Ramsay Health Care is a global hospital group, which is engaged in providing health care services. Co.'s facilities cater for a range of health care needs from day surgery procedures to complex surgery, as well as psychiatric care and rehabilitation. As of June 30, 2016, Co. operated 223 hospitals and day surgery facilities across Australia, the U.K., France, Indonesia, Malaysia and Italy.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.