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Apr. 8--Thai hospitals need to embrace innovation through efficient procurement practices, if they want to stay competitive and sustain growth, suggested health-care management experts from New York, Singapore and Thailand.
"Hospitals that want to survive cannot continue to do the same things the same way. They have to reduce costs and improve performance [efficiency]," said Brian de Francesca of Singapore's Asia Bio Systems (ABS).
Due to an ageing population and shifting disease patterns, many Thai hospitals are now caught in a three-way press between increasing costs, decreasing budgets and increasing demand.
Mr de Francesca observed that ...