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Department urged to develop nursing-home business amid rising number of elderly citizens

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Department urged to develop nursing-home business amid rising number of elderly citizens

By The Nation

 

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The Commerce Ministry has ordered the Department of Business Development to speed up development of the nursing-home business in the country by introducing efficient management to match world standards as well as find ways to woo investors.

 

Commerce Minister Veerasak Wangsuphakijkosol said on Friday (September 13) that there were concerns Thailand’s nursing-home industry would not be able to cope with rising demand from the increasing number of elderly citizens in the country.

 

 

“We also want Thailand to become the centre for the nursing-home business in the region, and we need qualified personnel such as doctors, nurses, physical therapists, nutritionists and occupational therapists, as well as facilities and management with international standards. This will allow us to cater to elderly foreigners who come to Thailand or use our knowledge to invest in other countries,” he said.

 

The Department will be responsible for establishing high management standards through education, and strengthen management potential, following the guidelines of the Thailand Quality Award.

 

“We also want to create marketing opportunities as well as connect nursing-home business networks with the market through new platforms or marketing channels of related startups,” he added.

 

Presently there are five types of nursing-home businesses in Thailand – residential home, assisted living, basic nursing home, long-term care hospital and hospice care.

 

There are approximately 800 operators in this business and it is expected that Thailand will have 13 million elderly citizens in 2020 and 18 million in 2030, equivalent to 27 per cent of the total population.

 

Source: https://www.nationthailand.com/news/30376188

 

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-- © Copyright The Nation Thailand 2019-09-15

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48 minutes ago, rooster59 said:

“We also want Thailand to become the centre for the nursing-home business in the region,

So not a hub! 🤣

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A timely idea,  a retirement/nursing homes in every developed country cost a lot of money and Thailand, if done right and under the supervision and patronage of the government could greatly benefit out of such enterprises, having said that, right now the government can't even control the hospitals let alone private nursing homes, so there...

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3 hours ago, rooster59 said:

“We also want Thailand to become the centre for the nursing-home business in the region

😂 don't make me laugh

Just wanting something is not nearly enough.

You have to put thoughts into action.

Something the Thai has yet to figure out.

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4 hours ago, rooster59 said:

Presently there are five types of nursing-home businesses in Thailand – residential home, assisted living, basic nursing home, long-term care hospital and hospice care.

This should go down well out in the boons of Isaan where farmers and their families have no disposable income to spend on such luxuries. But it should go well in the wealth centres of Thailand.

Fundamentally it  is a good idea and one where the government could, if it wanted to, find a wealth tax to take money from the haves and give something to the have not's.

But it wont' do that for fear of upsetting the elite who really run the country.

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Invest in nursing-homes? Does the Minister of Commerce know what's the Pension Rate for elderlies?

900 baht a month, that to thank them for having worked all their life and contributed to Thailand's economy. How much would they have to pay to stay in a nursing-home?

 

 

A bottle of wine contains more philosophy than all the books in the world. "Louis Pasteur"   

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In theory, you'd think places like Thailand and the Philippines would be ideal places for this: Thailand with it's established medical tourism; and the Philippines with it's huge cadre of English-speaking staff, many with experience of working in western or western-style hospitals, and nursing homes too.

 

I've got experience working in nursing homes and in the running of a small one, and I can imagine that as long as there's a couple of properly qualified foreigners at the heart of it, an actual RGN or RMN, and an experienced nursing home manager who can deal with the hygiene, kitchen, and accounts, it could work.

 

...but you just know they're going to make it unnecessarily difficult, and want it all locally-owned, locally run, both on the small scale, and on the large scale; but then, do you really want to be dealing with testy blamy local relatives when things go wrong, and venerated geriatrics start deteriorating or dying...

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Why not a hub? We want a hub! Come on, get with it. Hub hub hub!

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Excellent idea. And I will pay extra for private nurse care from soi 6.

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18 hours ago, rooster59 said:

This will allow us to cater to elderly foreigners who come to Thailand

In other words, it is another avenue for us to soak the farangs out of their savings.

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