Golden Age Residential Healthcare: Opportunities in Thailand

Wilaiporn Lao-Hakosol and John Walsh

South Asian Journal of Business and Management Cases, 2019, vol. 8, issue 2, 146-154

Abstract: As societies around the world experience ageing, the issue of providing required levels of health and social care for elderly people is becoming more urgent. Since governments are unlikely to be able to provide the level of care required without significant increases in taxation levels, there arises a need for private sector responses. This case study considers the provision of long-term residential care for people in Thailand and the business opportunities this provides. It concerns in particular the Golden Age Residential Healthcare facility, which is located in a country which has prioritized the wellness industry as a sector of potential high growth in the economy. Relatively low labour costs combined with good medical education and investment in medical facilities mean Thailand is a potentially important location for elderly healthcare. However, there are some practical and commercial issues to overcome before success can be realized and this case study focuses on these issues.

Keywords: Elderly care; healthcare; residential care; Thailand (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/2277977919833749 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:sajbmc:v:8:y:2019:i:2:p:146-154

DOI: 10.1177/2277977919833749

Access Statistics for this article

More articles in South Asian Journal of Business and Management Cases
Bibliographic data for series maintained by SAGE Publications ().