Call for the govt to outsource for cost-saving


Stem cell banking company, CryoCord Sdn Bhd managing director James Then (pic) said the government could outsource certain competitive services, such as blood tests, to the private sector.

KUALA LUMPUR: Healthcare experts are hoping the government will reorganise and restructure the country’s healthcare system – especially the public hospitals – to avoid overspending.

Stem cell banking company, CryoCord Sdn Bhd managing director James Then said the government could outsource certain competitive services, such as blood tests, to the private sector.

“By outsourcing more services under the Health Ministry, the government will be able to bring down its costs, ” he said during the Transforming Malaysia’s Healthcare through Innovation and Disruptive Technology webinar, held by Cyberview Sdn Bhd yesterday.

Then was answering question on the healthcare players’ wishlist for Budget 2021, to be announced on Nov 6.

On the budget allocation for the healthcare sector, Then expected the government to increase it by only about 2% from the RM30.6bil under the previous budget.

While acknowledging that the 2% increase would be insufficient, Then believed that by outsourcing, the government would be able to reduce its healthcare expenditure, while simultaneously encouraging Malaysia’s healthcare industry to become more efficient.

Apart from that, Then hoped the government would provide more incentives for healthcare players in the upcoming budget – not necessarily in cash, but in the form of subsidies for payments or rentals.

He noted that clinical trials could be rather costly. — Bernama

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