Cataracts and IVI procedures volumes performed by VEI were reported as growing by 6.8% and 15.7% respectively (very robust), yet revenue from Theatres only increased by 4%. This is odd?
Virtus Health appears to be outperforming VEI in respect of Theatre Income, as disclosed by VRT: "...Non-IVF procedure revenue in day hospitals has grown 8.7% and now accounts for 56% of day hospital revenue."
VEI management appear to be doing a lousy job in growing Theatre income. In addition, there is no disclosure of non-cataract/laser correction income earned in Theatres.
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