A Bright Moment At Last In Turkish Medtech Debt Payments Saga

Sentiment grows about a rise in the prices paid for medtech products

Turkish medtechs’ demands for payment of their outstanding hospital debts went unheeded in 2021, but the government has finally started a payment process. It is not evenly applied, and has started in a small way, but the industry feels encouraged on more than one count.

Turkey

At the end of 2021, Turkish health minister Fahrettin Koca and treasury and finance minister Nureddin Nebati promised the medical industry that extra funds would be allocated so that their long-running hospital debts would be paid.

So far, the government has kept its promise. TRY 3bn ($220,000) of debts was paid in December. Around TRY11.5bn is expected to be paid in 2022, TRY 8bn of which...

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