Phyathai-Paolo Medical Campus (PMC) plans to spend 1 billion baht in the next three years to build up medical services for elderly patients.
PMC is an associated healthcare business under Phyathai Hospital 1, Phyathai Hospital 2 and Paolo Hospital. With this budget, PMC expects to offer 1,000 patient beds, up from 640.
Phyathai Hospital 1 has 180 beds, Phyathai Hospital 2 has 260 beds and Paolo Hospital has 200 beds.
Anantasak Apairatana, executive director of Phyathai 2 International Hospital, said PMC projects patient numbers will gradually increase in the near future because Thailand is an ageing society.
"As patients get older, better medical services are needed," said Dr Anantasak.
"This demographic trend is also widespread in other countries in Southeast Asia, so PMC needs to prepare its medical services for both locals and foreigners in the future."
"PMC is located along Bangkok's mass transit system, which will help boost the number of patients and facilitate for them," he said.
PMC is part of Phyathai-Paolo Hospital Group, which has 11 hospitals and 3,854 patient beds.
Phyathai-Paolo Hospital Group is a subsidiary of SET-listed Bangkok Dusit Medical Services, the largest private hospital in Thailand with 7,732 beds.
Dr Anantasak said Phyathai 2 plans to increase the number of foreign patients to 35% in the near future from 20% now.
"Most foreign patients are from Asian nations, so we are aiming to capture them as potential customers," he said.
Phyathai 2 has roughly 800,000 patients annually, of which Thais account for 80%.
"Patients from China, Cambodia and Myanmar are increasing in numbers, so all Phyathai hospitals have to maintain strength in medical services and expertise, as we have for 32 years."
"All hospitals have to offer prices and service fees that are fair for all patients," said Dr Anantasak.
PMC is offering a new campaign to provide 32 medical check-up services in one package for patients aged 30-50.
Dr Anantasak said the package covers many diseases and symptoms such as headache, stress, diabetes, hypertension and cancer. General patients can avail the check-up at all three PMC hospitals, with prices starting at 3,200 baht.
"This campaign has gained roughly 700 patients so far," he said.
Dr Anantasak said Phyathai hospitals have no plans to expand medical services overseas, preferring to focus domestically.