Private Hong Kong hospitals are offering discounts as they struggle with a government-induced drop in expectant mainland mothers seeking their maternity services, Headline Daily reported Wednesday.
Hong Kong last year banned all mainland women not married to city residents from giving birth in private hospitals, severing a lucrative revenue source for the medical facilities.
Maternity bookings at Hong Kong Baptist Hospital dropped by 80 percent last year to 2,300, resulting in a HK$60 million (US$7.74 million) loss for the division. The hospital had 12,000 deliveries in 2012 and a net profit of HK$300 million, hospital chief executive officer Raymond Chen was quoted as saying. The hospital started offering a HK$3,000 discount to local pregnant women in March, hoping to compensate for the drop with more sales.
Precious Blood Hospital (Caritas) also registered a net loss of HK$5 million last year, with the number of deliveries dropping from more than 3,000 in 2012 to just over 600 in 2013. The hospital has since offered a 20 percent discount for its maternity packages for local mothers-to-be, the report said.
Union Hospital also saw maternity service bookings plunge by around 40 percent from 7,000 in 2012 to just 3,800 last year. But Hong Kong Sanatorium & Hospital said had just a slight fall in net profit last year because local women accounted for over 90 percent of its maternity services. It has no plans to increase fees this year, the report said.
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