How do doctors and hospitals reduce costs for foundation patients?

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Doctors and Hospitals Reduce Costs Through Fee Waivers and Cost-Price Charging

Doctors and hospitals at Cardiac Vascular Sentral Kuala Lumpur (CVSKL) implement cost-reduction measures for patients supported by the CVSKL Foundation. This is achieved by doctors waiving their professional fees for approved cases and the hospital charging the foundation at cost, rather than the standard commercial rates. Additionally, medical device suppliers sometimes contribute to these efforts through corporate social responsibility initiatives, further lowering the overall treatment expenses for these patients.
Doctors Waive Professional Fees

For patients receiving assistance from the CVSKL Foundation, the medical specialists involved in their care forgo their professional fees. This significant contribution directly reduces the financial burden associated with complex cardiac procedures. The foundation's commitment is to ensure that financial constraints do not prevent patients from accessing life-saving treatments.
Hospital Charges at Cost Price

Beyond the doctors' contributions, CVSKL hospital itself provides support by charging the foundation at cost for services rendered to approved patients. This means the hospital does not apply its usual commercial pricing structure, which would typically include profit margins. Instead, the foundation is billed only for the direct expenses incurred by the hospital in providing the treatment.
Medical Suppliers Offer CSR Contributions

In certain instances, medical device suppliers also play a role in reducing the cost of treatment. These suppliers may contribute through corporate social responsibility (CSR) programmes. Such contributions can take various forms, aiming to make advanced medical devices and equipment more accessible and affordable for patients who qualify for foundation assistance.

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How do doctors and hospitals reduce costs for foundation patients?

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