Govt to Design State-Owned Healthcare Holding Company

Summary

The government plans to create a state-owned holding company in the healthcare sector by combining established pharmaceutical and hospital holding companies. SOE Ministry's assistant deputy for telecommunications and pharmacy, Aditya Dhanwantara, revealed that the holding would consist of PT Bio Farma, PT Kimia Farma Tbk (KAEF), PT Indofarma Tbk (INAF), and seven hospitals, operating under PT Pertamina Bina Medika (Pertamedika IHC).

"We hope that the integration will occur soon," he said in an online press conference on Thursday (10/15). Aditya argued that the state-owned holding company in the healthcare sector would strengthen the pharmaceutical industry, increase product availability, and boost innovations. However, the process of consolidating state-owned pharmaceuticals and hospitals does not always end up as a holding company. Some alternatives are available, such as operational cooperation between a state-owned pharmaceutical and hospital holding companies in realizing an integrated supply chain.

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