Lanka Hospitals achieves most successful year

 Sri Lanka’s internationally acclaimed multispecialty tertiary care hospital, Lanka Hospitals has announced record gains in the year 2015 as a result of exceptional quality of care for its patients, stringent administrative measures and reinforcing good management practices.

Lanka Hospitals group; Lanka Hospitals Corporation and Lanka Hospitals Diagnostics (LHC and LHD) reported an outstanding performance in the year 2015 with a turnover of Rs. 5.5 billion for the year compared to 4.8 billion in 2014 with a growth of 16%. The gross profit margin of the group was 58%, due to the efficiency in the procurement processes, sound negotiations, long term cooperative relationships with suppliers and cost optimisation. The group profit before tax recorded 85% of growth that translates from Rs. 522 million of 2014 to Rs. 967 million in 2015. This increase in profit growth created history in Lanka Hospitals’ financial reports.

Although great emphasis has been placed on optimising resources and efficient management, Lanka Hospitals made sure that the quality of services delivered was in no way compromised. 

In 2015, Lanka Hospitals introduced many ground breaking interventions which helped make it a truly world class facility. During the year in review, Lanka Hospitals performed its first Blastocyst culture pregnancy procedure, an important technique which increases the pregnancy rate in IVF treatment while reducing the risk of multiple pregnancies. 

Awake Craniotomy; open brain surgery with an actively participating patient was another successful intervention that was introduced. LHC also completed the first Bone Marrow Transplant procedure in 2015. 

Lanka Hospitals also concentrates on a range of Centres of Excellence, some of them pioneering in the ‘one-stop’ model such as the newly launched Gastroenterology Centre, the Women’s Wellness Centre that will be unveiled in the coming weeks, where diagnosing, consultation and treatment can be done holistically in one centralised location within the hospital premises.

“All these milestones were achieved amidst providing staff benefits and increasing dividends to Lanka Hospitals’ shareholders. Staff bonuses were increased from half a salary to a level which was unprecedented to any other year in April and December 2015,” said Lanka Hospitals Director and Chairman Procurement Committee Dr. Rohan Wijesundera. 

The guidance rendered by Chairman Dr. Sarath Paranavitane, a veteran in the country’s health-care industry has contributed immensely to turn Lanka Hospitals to an exceptional profit-making venture.

“At the occasion of the 14th anniversary of Lanka Hospitals, the Board would like to sincerely thank the staff of Lanka Hospitals, for their hard work that has made Lanka Hospitals a trusted and a sought after healthcare services provider in the country and beyond. It has been nothing but the collective strength and the focused efforts of our dear staff members and our visiting consultant medical practitioners that have made Lanka Hospitals a house hold name in the country. I would also like to thank the public of Sri Lanka for the confidence and trust they have placed in us and keeping Lanka Hospitals on top of their minds for all their healthcare needs. Our silent partners of success, our shareholders, are rewarded with a 100% increase in dividends,” said Chairman Dr. Sarath Paranavitane.

Lanka Hospitals’ commitment to high quality patient care is a testimony to its compliance with over 1,300 quality and safety parameters which made it one of the 526 best hospitals in the world and the only private hospital to have won a National Quality Award in the last fifteen years along with a plethora of other national and international awards throughout its 14 years of healthcare excellence.

The hospital is equipped with a Neurology Department with the latest technology and full time neuro surgeons, Cardiac Care Centre of Excellence that has performed approximately 5,500 successful adult and paediatric heart surgeries, a Fertility Centre that will record its 1000th IVF baby by November – the highest number of IVF births in the country. Lanka Hospitals Diagnostics (LHD) is also the first ever reference laboratory network in the country.

Lanka Hospitals Diagnostics