Bumrungrad International Hospital plans to invest Bt4.7 billion on developing its new hospital complex on New Phetchaburi Road in Bangkok to serve both Thai and foreign patients and cash in on the upcoming Asean Economic Community.
The new branch will feature an eight-level complex. Construction will start in the beginning of next year and is to be completed by 2015, the year the AEC kicks in.
Bumrungrad International also plans to merge with local hospitals in Bangkok to cash in on the greater number of patients when the AEC is fully implemented.
Sin Anurat, managing director of the medical group and director of Bumrungrad Hospital, said the company had purchased a 5-rai (8,000-square-metre) plot on New Phetchaburi Road to serve the expansion of its hospital business.
“Our existing hospital complex is not able to cater to the increasing number of patients, both Thais and foreigners.
We also need to execute our investment plan, which has been delayed for three years because of political instability and natural disasters,” he said.
Sin said that over the past years, the hospital had seen a higher number of patients, including from the Middle East, who currently account for about 30 per cent of international patients, and from the United States and Europe, accounting for 10 per cent each. This is because the hospital is able to provide medical service that is 30-40 per cent less expensive than Singapore, for example.
Sin said 70 per cent of patients coming to Bumrungrad Inter-national Hospital were seeking general medical care, followed by surgery and others. Thais account for 58 per cent of the total.
“To make Thailand a medical hub, major hospitals need to provide turnkey medical services to patients, while small hospitals need to promote themselves as centres for specific diseases,” he said.