(MENAFN) 17 university hospitals in Saudi Arabia are set to be in the hands of the private sector as the Health Ministry is continuing its privatization program of healthcare facilities, Arabian Business reported.
"The Tatweer Holding Company, which operates under the ministry, is now developing operational models to transform their ownership and management -with the choice of either absorbing employees from the Civil Service Ministry or recruiting their own staff," Arabian Business added.
The privatization scheme will based around five healthcare firms covering all regions across the oil-rich nation, as it is set to start in the Eastern Province, followed by Riyadh and Makkah regions.
The kingdom plans to increase its hospitals' performance by 25% over the coming three year through the new healthcare system.
As the Kingdom plans to increase its hospitals' performance by 25% through the new healthcare system, by 2020, the private healthcare firms are anticipated to begin managing about third of the Saudi hospitals and health centers.
MENAFN2402201800450000ID1096510239
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.