The Health Ministry is mulling the imposition of price controls on private hospitals: The Health Ministry has apparently finished reviewing a bill that, if enacted, would give it new authority to impose price controls on private-sector hospitals and clinics, according to Health Minister Ahmed Rady. He told Al Masry Al Youm that the bill, which would expand the ministry’s role beyond issuing licenses, would end the practice of private-sector facilities setting prices “unilaterally and randomly.” The price caps would be based on a ministry-imposed “tiering” of healthcare facilities: The proposal would divide hospitals into five brackets based on criteria including efficiency of the medical and nursing staff, quality of medical services, nature of the services required, and the amenities offered. Physicians’ fees at private clinics — which make up about 95% of clinics across the country — would be capped at EGP 100 a visit for general practitioners, EGP 200 for specialists, EGP 400 for consultants, and EGP 600 for consultants who are university faculty members. Rady said that the legislation is especially important since the private sector makes up the bulk of the medical industry in Egypt with over 3,000 private hospitals compared to only 700 public ones.
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…