Max Healthcare chairman argues against judging hospital bills by individual supply prices

The Economic Times reports Max Healthcare chairman Abhay Soi argued that India’s private hospitals should not be judged by the price of an individual drug or supply. He cited training, storage and disposal requirements, and said varying margins across thousands of billing items ultimately translate to an 8–9% net profit. His remarks came amid scrutiny of hospital consumable markups in Maharashtra and a Supreme Court observation about a cancer drug marked up tenfold.