{"id":597138,"date":"2019-07-17T03:57:59","date_gmt":"2019-07-17T03:57:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/prices-of-services-under-the-new-healthcare-system-to-be-20-less-than-market-prices\/"},"modified":"2019-07-17T03:57:59","modified_gmt":"2019-07-17T03:57:59","slug":"prices-of-services-under-the-new-healthcare-system-to-be-20-less-than-market-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/prices-of-services-under-the-new-healthcare-system-to-be-20-less-than-market-prices\/","title":{"rendered":"Prices of services under the new healthcare system to be 20% less than market prices"},"content":{"rendered":"

<\/a> EXCLUSIVE- Prices of services under the new healthcare system to be 20% less than market prices:<\/b> Private sector hospitals and clinics that have signed on to provide services under the new healthcare system could be offering their services at a 20% discount from the average market price under the system\u2019s new pricing scheme that has been drawn up by a government committee, Assistant Finance Minister Mai Farid tells Enterprise. Farid added that would necessarily apply to prices of \u201cspecialized\u201d treatments and operations, though she did not elaborate on which procedures would be exempt from providing the discount. She acknowledged the possibility that some of these medical procedures may not even see a discount.<\/p>\n

Background: <\/b>Her statements come as the Finance Ministry announced the broad strokes<\/a> of how private sector healthcare providers can join the new system set up by the Universal Healthcare Act. The government will contract out healthcare services to the private sector hospitals, who must abide by a pricing scheme that is being set up by the government committee.<\/p>\n

A bid to attract private service providers to the new system:<\/b> Reports from last year<\/a> had indicated that the government was considering a discount of 40% on prices offered by private sector hospitals that sign up for the healthcare system. Farid tells us that these have been cut at the behest of private sector operators who were invited to sit on the committee that is drawing up the prices. One third of the members of the committee setting up the pricing for the system were representatives of the private sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

EXCLUSIVE- Prices of services under the new healthcare system to be 20% less than market prices: Private sector hospitals and clinics that have signed on to provide services under the new healthcare system could be offering their services at a 20% discount from the average market price under the system\u2019s new pricing scheme that has […]<\/p>\n","protected":false},"author":1,"featured_media":597139,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,7138,11165,2380,4175],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-health","tag-mai-farid","tag-speed-round","tag-universal-healthcare-act","wpautop","entry"],"acf":{"mongo_id":"e5a66093-d05d-4be9-a33c-0980fed93da5","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/2\/118.jpg","photo_position":"above","related_issue":[597133],"teaser":"","voice_url":""},"yoast_head":"\nPrices of services under the new healthcare system to be 20% less than market prices - 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The government took a step towards clarifying the role private healthcare insurance and providers will play within the new healthcare system set up by the Universal Healthcare Act. 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The bourse is considering introducing an auction system to determine closing prices, a method used by some of the world\u2019s biggest\u2026","rel":"","context":"In "Capital markets"","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/80.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563978,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/egx-to-change-its-closing-price-mechanism\/","url_meta":{"origin":597138,"position":3},"title":"EGX to change its closing price mechanism","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"Major changes to the EGX coming this fall: The board of the EGX has approved a slew of changes meant to boost trading volumes, particularly by institutional investors. These include setting up a new mechanism for calculating the closing share price and easing limits on intraday price movements on shares,\u2026","rel":"","context":"In "SPEED ROUND: CAPITAL MARKETS"","block_context":{"text":"SPEED ROUND: CAPITAL MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/329.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594727,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/05\/short-selling-coming-to-the-market-before-year-end\/","url_meta":{"origin":597138,"position":4},"title":"Short selling coming to the market before year-end","author":"enterpriseam admin","date":"5 September 2019","format":false,"excerpt":"Expect short selling to be activated before year end: Short selling is set to be activated before year-end, EGX Chairman Mohamed Farid told Bloomberg TV (watch; runtime 6:18) and Reuters in two separate interviews. \u201cBefore the end of the year we are going to see short selling up and running\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/Mohamed-Farid-EGX-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569909,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/11\/egx-boss-expects-fresh-ipos-this-year-despite-market-turmoil\/","url_meta":{"origin":597138,"position":5},"title":"EGX boss expects fresh IPOs this year despite market turmoil","author":"enterpriseam admin","date":"11 March 2020","format":false,"excerpt":"EGX boss expects fresh IPOs this year despite market turmoil: The current market volatility will not prevent new companies listing on the Egyptian Exchange, according to EGX boss Mohamed Farid, who said yesterday that two or three IPOs will go ahead before the end of the year. Egyptian equities have\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/133.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=597138"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597138\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597133"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/597139"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597138"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597138"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}