Thailand's biggest hospital operator targets 10 pct revenue rise

 29-Jun-16, Reuters

Bangkok Dusit Medical Services PCL (BDMS) said on Wednesday it is aiming for a 10 percent rise in revenue this year as Thailand's largest hospital operator expands capacity to draw international patients.

Image:BDMS

Thailand's healthcare sector, which normally grows at a rate two to three times quicker than the country's gross domestic product, is widely expected to benefit from rising demand from neighbouring countries such as Myanmar and Cambodia where healthcare is less developed.

BDMS expects its number of hospitals to rise to 50 with 9,000 beds by 2020 from 43 with more than 7,000 beds now. With revenue of 63 billion baht ($1.79 billion) in 2015, BDMS will spend about 10 percent of annual revenue a year upgrading and expanding facilities.

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