Table 2

Financial analysis of all-hospitals, tertiary and secondary centres

PeriodTotal income (log-transformed values)
All-hospitalsTertiary centresSecondary centres
Mean (SD)% changeP valueMean (SD)% changeP valueMean (SD)% changeP value
Demonetisation period
Pre-demonetisation
(September 16–October 16)
4.46 (2.50)Ref7.49 (1.30)Ref3.16 (1.57)Ref
Early demonetisation
(November 16–December 16)
4.40 (2.47)−6.110.937.40 (1.32)−8.880.893.11 (1.51)−4.880.93
Late demonetisation
(January 17–February 17)
4.43 (2.47)−3.150.977.46 (1.30)−2.960.963.13 (1.49)−3.250.95
Post-demonetisation
(March 17–April 17)
4.62 (2.56)17.590.837.80 (1.14)36.340.643.26 (1.55)10.410.86
Control period
Control 1
(September 15–October 15)
4.18 (2.61)Ref7.22 (1.51)Ref2.88 (1.72)Ref
Control 2
(November 15–December 15)
3.97 (2.73)−18.780.807.17 (1.49)−5.260.942.60 (1.82)−23.970.66
Control 3
(January 16–February 16)
4.06 (2.71)−11.220.887.29 (1.44)6.930.932.68 (1.74)−17.960.75
Control 4
(March 16–April 16)
4.27 (2.58)9.090.917.35 (1.46)13.540.872.95 (1.63)7.360.91
  • Total income is presented as log-transformed values. Demonetisation periods are from September 2016 to April 2017. Control periods are from September 2015 to April 2016.