Chularat Hospital, a health-care company in Bangkok, predicts revenue growth will accelerate as it adds beds and looks to attract Chinese couples to a new fertility clinic.
Revenue from hospital operations may rise at least 20 percent this year, up from 18 percent expansion in 2015, and the total number of beds will grow from around 300 to 500 by next month, according to projections of the Thai hospital.
The company aims to open a fertility clinic in 2017 that will target an expected increase in demand from Chinese couples following the scrapping of Beijing’s one-child policy, he said.
Older Chinese couples will need medical help to have a second child and the facilities in China will not be sufficient to meet the need, he said.
Chularat joins other private hospital operators including Bangkok Dusit Medical Services Pcl and Bumrungrad Pcl in boosting capacity to meet rising local demand from an aging local population and medical tourists from Asia.
Read original article