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Covid cuts Sh1bn sales at Nairobi Hospital Thursday July 29 2021 The Nairobi Hospital entrance. The hospital said it has been struggling financially like other institutions hit by the Covid-19 pandemic. FILE PHOTO | NMG By OTIATO GUGUYU Summary The hospital’s revenue dipped from Sh11.1 billion in 2019 to Sh9.95 billion in the year to December. Lower hospital visits translated to reduced revenues for health facilities, prompting some medical institutions to implement layoffs and salary cuts. Nairobi Hospital revenue dropped by Sh1.15 billion last year in the wake of Covid-19 pandemic that c...

Nairobi Hospital lays off over 200 amid fraud purge Summary Like other medical institutions in the country, the Nairobi Hospital has been struggling financially amid swelling operational costs and lower revenues in the wake of an economic slowdown worsened by the outbreak of the Covid-19 pandemic. Lower hospital visits translated to reduced revenues for health facilities, prompting some medical institutions to implement layoffs and salary cuts. The extent of the low hospital visits reflected in the earnings of medical insurers who posted a record Sh1.3 billion in underwriting profits last ...