On Thursday at 10:24 AM (Bangkok time), the share price of Chularat Hospital Public Company Limited (SET: CHG) jumped by 2.16% or THB 0.06 to THB 2.84, with a trading value of THB 54.35 million.
Bangkok Chain Hospital Public Company Limited (SET: BCH) grew by 0.56% or THB 0.10 to THB 18.00, with a trading value of THB 51.80 million.
Kasikorn Securities (KS) anticipates a positive momentum for CHG and BCH following news of the establishment of a subcommittee tasked with evaluating the standards and fees for medical service payments to affiliated hospitals within the social security system by the Social Security Office (SSO). The focus is specifically on the reimbursement rates for medical services related to severe diseases with substantial expenses, which had led to the termination of contracts by hospitals.
According to the report, a meeting is scheduled to take place on October 17, 2024, involving representatives from 20 relevant organizations, including delegates from the private hospital industry, government entities, and the SSO. The meeting aims to discuss the matter with an expected duration of about 90 days. The analyst views this development as a favorable sign for hospital firms that have agreements with the SSO, especially those catering to a significant number of insured individuals, like CHG and BCH.
