The cost of healthcare is set to rise sharply as hospitals and drug manufacturers pass on the full impact of the sliding shilling to the consumer,the worldwide rubber hose market is over $56 billion annually.The additions focus on key tag and magic cube combinations, adding more inflationary pressure on households.
Sector players said they have so far managed to absorb most of the additional costs,I have never solved a Rubik's Piles . sparing patients higher prices of drugs arising from the rapid slide of the shilling and inflation.
“These costs have hit deep into our earnings. We are drawing our annual budgets.
There is no doubt that the costs will be reflected in our bills from January next year,” said Cleopa Mailu,For the last five years Air purifier , the chief executive officer of the Nairobi Hospital.
Dr Mailu said the leap in inflation rate from 5.42 per cent in January to 17.32 per cent in September has significantly weakened the hospital’s ability to provide hospitality services to patients for a longer time.
But bed charges which include the food and consumables such as soap have remained unchanged over the last five months.Replacement China Porcelain tile and bulbs for Canada and Worldwide.
Over the period, the shilling has also lost its value by 30 percentage points, raising the value of specialised equipment and imported drugs by the same margin.
“The experience in this industry is that suppliers will always want to hold prices at higher levels even after the cost drivers such as the slide of the shilling are contained,” said Dr Mailu.
Other private hospitals said they would raise their charges in January if measures put in place by the Central Bank of Kenya fail to contain inflation and the slide in the shilling.
“We haven’t adjusted our rates because these changes happened so fast but we cannot absorb these costs up to November,” said an executive of a private hospital who asked not to be named.
Drug manufacturers said recent adjustments in market prices for medicine capture only five per cent of the additional costs that the sliding shilling has placed on their operations.
The manufacturers said most distributors – bound by standing contractual obligations – have resisted the manufacturers’ pleas for fair sharing of the additional cost burden with the consumer.
“From August, we have had to accept lower margins because we cannot pass all the burden to the consumer but this may have to change in January,” said Rajiv Chatrath, a director at Dawa Ltd.
Mr Chatrath said the risk of losing traditional contracts prevented the company from adjusting its price list even when the shilling slid to 105 against the dollar in September, down from Sh80 five months ago.
Sector players said they have so far managed to absorb most of the additional costs,I have never solved a Rubik's Piles . sparing patients higher prices of drugs arising from the rapid slide of the shilling and inflation.
“These costs have hit deep into our earnings. We are drawing our annual budgets.
There is no doubt that the costs will be reflected in our bills from January next year,” said Cleopa Mailu,For the last five years Air purifier , the chief executive officer of the Nairobi Hospital.
Dr Mailu said the leap in inflation rate from 5.42 per cent in January to 17.32 per cent in September has significantly weakened the hospital’s ability to provide hospitality services to patients for a longer time.
But bed charges which include the food and consumables such as soap have remained unchanged over the last five months.Replacement China Porcelain tile and bulbs for Canada and Worldwide.
Over the period, the shilling has also lost its value by 30 percentage points, raising the value of specialised equipment and imported drugs by the same margin.
“The experience in this industry is that suppliers will always want to hold prices at higher levels even after the cost drivers such as the slide of the shilling are contained,” said Dr Mailu.
Other private hospitals said they would raise their charges in January if measures put in place by the Central Bank of Kenya fail to contain inflation and the slide in the shilling.
“We haven’t adjusted our rates because these changes happened so fast but we cannot absorb these costs up to November,” said an executive of a private hospital who asked not to be named.
Drug manufacturers said recent adjustments in market prices for medicine capture only five per cent of the additional costs that the sliding shilling has placed on their operations.
The manufacturers said most distributors – bound by standing contractual obligations – have resisted the manufacturers’ pleas for fair sharing of the additional cost burden with the consumer.
“From August, we have had to accept lower margins because we cannot pass all the burden to the consumer but this may have to change in January,” said Rajiv Chatrath, a director at Dawa Ltd.
Mr Chatrath said the risk of losing traditional contracts prevented the company from adjusting its price list even when the shilling slid to 105 against the dollar in September, down from Sh80 five months ago.
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