Business/Industry Outlook 2020-22: Private Hospital Business

In 2020, the operating results of private hospitals were pressured by the spread of the COVID-19 virus, affecting the purchasing power of Thai and foreign patients. Causing business income to shrink by 10.0-12.0% while in 2021-2022

In 2020, the operating results of private hospitals were pressured by the spread of the COVID-19 virus, affecting the purchasing power of Thai and foreign patients. Causing business revenue to shrink by 10.0-12.0%, while in 2021-2022 the hospital business is expected to recover. This was driven by structural changes in Thai society, such as the aging society. Urban expansion and the rise of the middle class Combined with the health care trend is now in the interest of people around the world.

Entrepreneurs tend to accelerate investment expansion in various forms. continually This includes alliances with other hospitals both domestically and internationally. to cover potential customers at different levels and expanding to related businesses To enable the hospital business to have a complete supply chain to support the needs of a variety of services. A hospital with a large network will have advantages in terms of cost, personnel, and access to customer groups. Hospitals without networks (Stand alone) are accelerating to adapt to increase their competitiveness. among various challenging factors This includes the entry of new entrepreneurs and foreign competitors.

basic information

Currently, there are 38,512 hospitals in Thailand[1], divided into 13,364 government hospitals, accounting for 34.7% (e.g. health stations, district health offices, community hospital and general hospitals) and 25,148 private hospitals, representing 65.3% (including private hospitals and private clinics) when considering the size and capacity of providing medical services, it was found that there were 37,857 primary care [2] hospitals, representing 98.3% of all hospitals. (Including more than 9,800 sub-district health centers and health promotion hospitals and about 24,800 private clinics), the remaining 664 secondary and tertiary health centers (1.7%), of which 294 (0.7%) are hospitals. under state Ministry of Public Health local governments, state enterprises, and the Bangkok Metropolitan Administration, while the other 370 hospitals (0.9%) are private hospitals (Figure 1).

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