ViMUT Holding, a subsidiary of Pruksa Holding providing healthcare services, has partnered with Namwiwat Medical Corporation, a leading manufacturer, importer, and distributor of medical tools and equipment for cleaning and disinfecting, to establish a joint venture worth 50 million baht. Leveraging their combined expertise, the new venture will provide cleaning and disinfecting services for medical equipment, and the treatment of medical infectious waste. ViMUT Holding will hold a 40% stake, while Namwiwat will hold 60%. The joint venture aims to strengthen the ecosystem of the ViMUT Group and elevate medical safety standards.
Dr. Pichit Kangwolkij, Deputy Group Chief Executive Officer, Pruksa Holding Public Company Limited and Acting Chief Executive Officer, ViMUT Hospital Company Limited, said, "As a trusted healthcare platform, the ViMUT Group seamlessly provides a wide range of health services. These include ViMUT Hospital, ViMUT-Theptarin Hospital, Ban Mhor ViMUT Clinic, a rehabilitation center, nursing home services, physical therapy services, and telemedicine, utilizing digital health technology to integrate various services. To enhance operational standards and deliver the best patient care, the ViMUT Group seeks partners with expertise and potential to strengthen our platform for patient benefit and drive ecosystem growth. Namwiwat Medical Corporation is a leader in medical innovation and a force behind Thailand’s healthcare industry, with 53 years of experience in sterile medical supplies. The company is an ideal partner for us and we believe this collaboration will elevate service standards and improve patient safety."
"In addition to providing care and accurate diagnoses, another mission of the ViMUT Group is to focus on patient safety. This standard must be maintained and continuously developed. Therefore, we continue to seek potential joint venture partners. We are honored to collaborate with Namwiwat in providing a sterile processing service with a team of experts equipped with modern, standard-compliant tools. We also have plans to improve the space within ViMUT Hospital to support the operations of the sterile services department. This helps to shorten the working time of the hospital's support department and increase advanced safety for patients. Additionally, we offer a medical waste sterilization service that meets standards and converts waste into renewable energy. These materials can be processed into other products, benefiting patients, hospitals, and the environment. This aligns with the ViMUT Group's sustainability policies."
"New operations under the new joint venture will be provided in all medical facilities of the ViMUT Group. Services have already commenced at ViMUT Hospital and are currently being expanded across the network. Upon successful internal operations, the company plans to extend services to private sector and government customers," concluded Dr. Pichit.
"In addition to providing care and accurate diagnoses, another mission of the ViMUT Group is to focus on patient safety. This standard must be maintained and continuously developed. Therefore, we continue to seek potential joint venture partners. We are honored to collaborate with Namwiwat in providing a sterile processing service with a team of experts equipped with modern, standard-compliant tools. We also have plans to improve the space within ViMUT Hospital to support the operations of the sterile services department. This helps to shorten the working time of the hospital's support department and increase advanced safety for patients. Additionally, we offer a medical waste sterilization service that meets standards and converts waste into renewable energy. These materials can be processed into other products, benefiting patients, hospitals, and the environment. This aligns with the ViMUT Group's sustainability policies."
"New operations under the new joint venture will be provided in all medical facilities of the ViMUT Group. Services have already commenced at ViMUT Hospital and are currently being expanded across the network. Upon successful internal operations, the company plans to extend services to private sector and government customers," concluded Dr. Pichit.
Mr. Viroj Chaiturdkiet, Director and CEO, Namwiwat Medical Corporation Public Co. Ltd. (NAM), said, " The Board of Directors Meeting No. x/2024 has resolved to approve the company's signing of the joint venture agreements with ViMUT Hospital Holding Co. Ltd. (VMH) to establish a joint venture company named "Serviso Healthcare Solutions Company Limited" with a 60-40 ownership split, respectively. The objective is to operate a business providing comprehensive medical support services to hospitals, clinics, companies, and other related agencies. These services include 1) Sterile Processing Service, 2) Medical Waste Sterilization Service, and 3) Biomedical Engineering Service. The company establishment is expected to be completed in the 2nd quarter of 2024. This aligns with our policy of increasing the proportion of regular income and expanding our income base, with the aim of creating long-term and sustainable growth."
“NAM has been in business for over 50 years, working with numerous public health organizations and contributing to the success of many private and public hospitals. This partnership with the ViMUT Group represents a crucial first step in leveraging our combined strengths. We believe that cooperation among partners in the medical service sector will benefit patients and positively impact the entire public health system in Thailand, advancing overall medical services.”
With extensive experience as a manufacturer, importer, and distributor of medical tools and equipment for cleaning and disinfecting in hospitals and nursing homes, NAM adheres to public health standards. NAM also produces and distributes consumable products used with these cleaning and disinfection tools, providing related services and knowledge. Combined with VMH's experience in health businesses such as hospitals and elder care, and its preventative care technology expertise in medical tool engineering, this partnership aims to enhance infection control efficiency for tools and equipment used with patients. The ultimate goal is to advance medical standards and ensure patient safety.
The Director and CEO of NAM also said, "The company will initially provide sterile processing service and medical waste sterilization service to hospitals under the ViMUT Group. These services will then be expanded to other hospitals and government agencies. Additionally, we will introduce biomedical engineering services to cover all areas using a hub and spoke model. We anticipate revenue and profit growth from these services."
“NAM has been in business for over 50 years, working with numerous public health organizations and contributing to the success of many private and public hospitals. This partnership with the ViMUT Group represents a crucial first step in leveraging our combined strengths. We believe that cooperation among partners in the medical service sector will benefit patients and positively impact the entire public health system in Thailand, advancing overall medical services.”
With extensive experience as a manufacturer, importer, and distributor of medical tools and equipment for cleaning and disinfecting in hospitals and nursing homes, NAM adheres to public health standards. NAM also produces and distributes consumable products used with these cleaning and disinfection tools, providing related services and knowledge. Combined with VMH's experience in health businesses such as hospitals and elder care, and its preventative care technology expertise in medical tool engineering, this partnership aims to enhance infection control efficiency for tools and equipment used with patients. The ultimate goal is to advance medical standards and ensure patient safety.
The Director and CEO of NAM also said, "The company will initially provide sterile processing service and medical waste sterilization service to hospitals under the ViMUT Group. These services will then be expanded to other hospitals and government agencies. Additionally, we will introduce biomedical engineering services to cover all areas using a hub and spoke model. We anticipate revenue and profit growth from these services."
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