Hospitals in financial crisis amid prolonging medical feud
As the medical void prolongs in South Korea with doctors continuing their walkout against the government’s medical school expansion plan since February, the number of major general hospitals struggling financially is increasing. Kyung Hee Medical Center, which operates seven hospitals including two affiliated Kyung Hee University Hospitals, is considering suspending salary payments and implementing voluntary retirement from next month due to a daily deficit of hundreds of millions of won,
May 6, 2024