Investors in private hospitals have rolled out multi-billion shilling expansion projects in the past 12 months as they position themselves to tap into the surging demand for quality health care from a growing population of middle income earners.
The Aga Khan University Hospital, Nairobi Hospital, Avenue Group, Coptic Hospital, Kenyatta University, and AAR Health Services have all launched major expansion plans that will see new branches opened and services broadened.
Five health care providers interviewed by the Business Daily said they plan to spend more than Sh2.5 billion on the projects, which are at various stages of execution.
The expansion drive comes at a time when the growth of Kenya’s health industry has almost doubled to Sh91.4 billion as per last year’s Economic Survey data from Sh51.4 billion in 2005.
via Business Daily: – Corporate News |Hospitals splash out billions in race for middle class patients.