Healthcare centres to commercialise

The Government has agreed that public healthcare centres and medical schools can cooperate with individuals or organisations to upgrade or build healthcare facilities, reports vneconomy.vn.
The Government has agreed that public healthcare centres and medicalschools can cooperate with individuals or organisations to upgrade orbuild healthcare facilities, reports vneconomy.vn.

Hospitalsand healthcare centres can now legally use their capital,infrastructure, capacity and quality or prestige to launch ventures withinvestors to build new healthcare institutions and operate likebusinesses.

In case the public healthcare institutionscontribute their capacity, quality and prestige to a joint venture,these intangible assets must be appraised by the relevant agenciesbefore the joint venture is established.

More importantly, thecontribution ratios of the parties in a joint venture must be maintainedthroughout the period of their cooperation, and even when theirbusiness is expanded.

These institutions are allowed to decide the operation mechanism and management methods themselves.

The duration of the joint ventures depends on parties' decision.

The public health institutions are also permitted to send their staffto work at private healthcare centres, if a consensus is reached betweenthe employer and the employees.

In addition, the Governmenthas asked the Vietnam Development Bank (VDB) to grant loans to publichealthcare institutions to help them invest in their joint ventures orprojects.

In case the healthcare centres take loans from otherbanks, the State will subsidise the difference between the interest rateof the commercial banks and that of VDB.

The public healthcareinstitutions are also eligible to use capital contributed byorganisations and individuals, including public officers and staff ofthat institutions. They also can use their funds for career developmentto develop their operations.

Under the Government's decree, therates of healthcare services in these institutions are calculated toensure that these healthcare providers can recover their investment andgain profit.

The leaders of public healthcare institutions canlegally decide the rates for services within the range regulated by thehealth and finance ministries.

The healthcare centres thatoperate like businesses are eligible to decide their rates, but arerequired to list them publicly under regulations.-VNA

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