Business & Economy3 stories
Government Owes Hospitals KSh 76B as Medical Gas Sector Sees Profit and Investment - August 2025
Private hospitals in Kenya are on the verge of financial collapse, with the government owing healthcare providers an astounding KSh 76 billion in unpaid bills. This debt was accumulated by the old National Health Insurance Fund (NHIF) and the new Social Health Authority (SHA), and it threatens patient access to care. In contrast, the medical gas sector is experiencing growth. BOC Kenya Plc reported its profit after tax soared by 170% to KSh 166.7 million in the first half of 2025, a result primarily fueled by increased demand for industrial and medical gases. Furthering investments in this area, HewaTele has secured US$ 10.5 million to build a new medical oxygen plant for East Africa.