Hong Kong private hospital competition heats up over fixed price packages to capture middle market
- Gleneagles says it will expand all-inclusive fixed price packages to cover more medical conditions and complex surgeries
- CUHK Medical Centre, set to open in Sha Tin in 2020, says it will go one step further by price packaging all its services
Hong Kong’s newest private hospital will expand its all-inclusive fixed price packages to cover more medical conditions and complex surgeries to ease patients’ fears over forking out more for complications.
Gleneagles Hong Kong Hospital CEO Dirk Schraven revealed the plan as another private hospital, CUHK Medical Centre, set to open in Sha Tin in 2020 under Chinese University – said it would go one step further by price packaging all its services.
The 500-bed Gleneagles opened in March last year in Wong Chuk Hang focusing on middle-market services. Among 12 private hospitals in Hong Kong, it is the only one providing at least 51 per cent of inpatient bed days at packaged rates. More than 120 unique packages have been set out.
In an interview with the Post, Schraven said patients buying the packages would not be required to pay more than the fixed price as long as their duration of stay did not change. This applied even in the event of complications or extra consultations.
Among the packages listed on the hospital’s website, a patient undergoing a hip arthroscopy can expect to pay HK$59,800 (US$7,645) for a two-day, one-night stay. A hysterectomy will cost HK$67,600 for a four-day, three-night stay.
