Vichaivej International Hospital Group

What Vichaivej International Hospital Group does

Vichaivej International Hospital Group is a publicly listed Thai private hospital operator (SET ticker: VIH; legal name Sri Srichavecjwitayan Public Company Limited), founded in 1987 by Dr. Wichai and Dr. Saisunee Wandurongwan. The group operates four multi-specialty hospital branches — Vichaivej Omnoi, Vichaivej Nongkhaem, Vichaivej Samutsakhon, and Vichaivej Yaekfaichai — spanning the Bangkok metropolitan area and Samut Sakhon province. Service offerings cover orthopedics (the flagship specialty, anchored by the founders' sports medicine expertise), cardiology, neurology, oncology, obstetrics, pediatrics, surgery, emergency care, diagnostic imaging (including MRI), dental care, rehabilitation, and a tiered health checkup package portfolio for children, working-age adults, and seniors.

The group operates wholly-owned operating subsidiaries (Saiyawatthana Co., Ltd. and Srisakhon Wechwitayan Co., Ltd.) plus a healthcare vocational training subsidiary (Sriwichai Vocational School), all under a parent company with 535M THB registered capital and 400M THB paid-up capital. Revenue is generated predominantly from patient healthcare services — outpatient and inpatient consultations, diagnostic procedures, surgeries, emergency services, and screening packages — across a mix of social security beneficiaries, insurance-covered patients, corporate clients, and private pay individuals. The company does not publicly disclose comprehensive pricing; only selected package prices (e.g., cancer screening from THB 15,500, brain health check-up from THB 15,900, carotid ultrasound at THB 3,600) are listed.

Go-to-market is direct-to-consumer: walk-in patients, physician referrals, online appointment booking via the corporate website and LINE Official Account, community health outreach, and corporate occupational health contracts. Marketing is multi-channel across Facebook, LINE, YouTube, Instagram, TikTok, Spotify, and Pinterest under a unified Vichaivej brand. Distribution is exclusively domestic (Thailand) across the four physical branches plus a mobile medical unit for off-site corporate and institutional clients. The group reported FY2024 revenue of 2,854.3 million THB, holds an ESG A rating from FTSE Russell, and has announced a JUMP+ program targeting 1,000 million THB EBITDA by 2028.

Name

Vichaivej International Hospital Group

Legal name

บริษัท ศรีวิชัยเวชวิวัฒน์ จำกัด (มหาชน)

Website

https://vichaivej.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Vichaivej International Hospital Group is a publicly listed Thai private hospital operator (SET: VIH) running four multi-specialty branches in the Bangkok metro and Samut Sakhon, specializing in orthopedics and serving individual patients, corporates, and social security beneficiaries.

Ownership category

akta.pro rank

Product category

Private Hospital Services

NAICS

General Medical and Surgical Hospitals (6221), General Medical and Surgical Hospitals (622110)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060)

akta.pro primary industry

Private/For-Profit Hospital Systems (HLAFAAAF)

akta.pro secondary industries

Community & Regional General Hospitals (HLAFAAAB), International/Medical Tourism Hospital Systems (HLAFAAAN)

Keywords

• Private hospital services
• Multi-specialty healthcare
• Orthopedic care
• Health screening packages
• Diagnostic imaging

Headquarters

HQ city

Samut Sakhon

HQ country

Thailand

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Patient Healthcare Services: Revenue generated from outpatient consultations, inpatient care, diagnostic services, surgical procedures, emergency services, and health screening packages across four hospital branches. Includes services covered by social security, health insurance, and private pay patients.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Vichaivej International Hospital Group operates a network of four private hospitals in Bangkok metropolitan area and Samut Sakhon province, providing multi-specialty medical services including orthopedics, cardiology, neurology, oncology, emergency care, diagnostic imaging with MRI, surgical procedures, and preventive health screening packages. The group also offers mobile medical unit services for corporate and institutional clients, alongside loyalty programs and international patient services under the Vichaivej International brand.

Product overview

Vichaivej International Hospital Group operates as a network of four hospital branches in Thailand: Vichaivej Omnoi (main branch with orthopedic specialization), Vichaivej Nongkhaem, Vichaivej Samutsakhon, and Vichaivej Yaekfaichai. The group, under Srivichaiwetwivat Public Company Limited (VIH), provides comprehensive medical services including emergency care, specialty centers (orthopedics, cardiology, neurology, oncology), diagnostic imaging, dental care, and health screening packages. The hospitals also offer mobile medical unit services for organizations. Founded in 1987 and publicly listed since 2011, the group focuses on orthopedic and trauma care with international-standard medical technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Vichaivej Omnoi Hospital (โรงพยาบาลวิชัยเวชฯ อ้อมน้อย) Main hospital branch of the Vichaivej International Hospital Group, located in Om Noi area (Samut Sakhon), providing comprehensive medical services with specialized orthopedic care for residents of Bangkok metro and Samut Sakhon.
• Vichaivej Nongkhaem Hospital (โรงพยาบาลวิชัยเวชฯ หนองแขม) Second hospital branch located in Nongkhaem area of Bangkok, providing emergency services and comprehensive medical care to patients in the western Bangkok metropolitan area.
• Vichaivej Samutsakhon Hospital (โรงพยาบาลวิชัยเวชฯ สมุทรสาคร) Third hospital branch serving Samut Sakhon province and surrounding areas with full medical services including emergency care, sleep tests, health screening, and surgical services.
• Vichaivej Yaekfaichai Hospital (โรงพยาบาลวิชัยเวชฯ แยกไฟฉาย) Fourth hospital branch located at Yaekfaichai intersection in Bangkok Noi district, providing comprehensive medical services to Bangkok and surrounding areas.
• Health Checkup Packages (โปรแกรมตรวจสุขภาพ) Preventive health screening programs tailored for children, working adults, and elderly, including cancer screening, cardiac assessment, brain health checkups, carotid ultrasound, advanced lipid profile testing, and comprehensive health checkup packages available across all four hospital branches.
• Mobile Medical Unit (หน่วยแพทย์เคลื่อนที่) Off-site medical examination services for organizations, offices, and educational institutions, providing mobile health checkup teams that travel to client locations for corporate and institutional health programs.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• ภาคีอาสาวาระมหานครกรุงเทพ (Bangkok Metropolitan Volunteer Network)minorStrategic or Co-development Partner · 1 July 2026Vichaivej hospitals (Nongkhaem and Yaekfaichai branches) supported the establishment of this volunteer network to build a cooperative network for improving quality of life for Bangkok residents.
• บริษัท ไทยการ์เมนต์เอ็กซปอร์ต จำกัด (Thai Garment Export Co., Ltd.)minorStrategic or Co-development Partner · 15 May 2026CSR partnership under the 'พี่ช้างจับมือ' (Big Brother Initiative) program on May 15, 2026, involving joint social responsibility activities.
• PRECIOUS PLASTIC BANGKOK (PPB)minorStrategic or Co-development PartnerPartnership for plastic recycling initiative, collecting used ATK test kits and plastic bottle caps from hospital staff and patients, converting them into recycled products. Aims to reduce medical plastic waste and promote environmental sustainability in the community.
• สภากาชาดไทย (Thai Red Cross Society)coreStrategic or Co-development PartnerBlood donation center collaboration where Vichaivej hospitals serve as regular blood collection sites, collecting and donating blood to the Thai Red Cross for national healthcare supply.
• มหาวิทยาลัยรามคำแหง (Ramkhamhaeng University)minorStrategic or Co-development PartnerMOU signed between Vichaivej Omnoi branch and Ramkhamhaeng University for joint nursing student production, aiming to elevate nursing professional standards to international levels.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Bangkok Dusit Medical Services (BDMS): Thailand's largest private hospital operator, listed on SET, operating a multi-specialty hospital network across Bangkok and internationally. Comparable in business model (private multi-specialty hospitals) and listing status, but at significantly larger scale than Vichaivej.
• Praram 9 Hospital: Listed Thai private hospital with multi-specialty offerings including orthopedics and cardiology. Comparable in scale, listed status, and Bangkok-focused operations to Vichaivej.
• Chularat Hospital Group: Listed Thai private hospital group operating multi-specialty hospitals primarily in suburban Bangkok and eastern provinces. Comparable as a SET-listed private hospital network serving suburban communities.
• Bumrungrad Hospital: Premier Thai private hospital listed on SET, leading medical tourism destination. Comparable multi-specialty private hospital business model and SET listing, though at much larger scale and with international patient focus.
• Thonburi Healthcare Group: Listed Thai private hospital group with multi-specialty hospitals and rehabilitation focus. Comparable as a SET-listed mid-cap private hospital operator with multi-branch network in Thailand.
• Rajthanee Hospital Group: Listed Thai private hospital operator in Bangkok with multi-specialty services. Comparable in business model and SET listing to Vichaivej.
• Nonthavej Hospital: Listed Thai private multi-specialty hospital in Bangkok serving general public with orthopedics and other specialties. Comparable private hospital model and SET listing status to Vichaivej.
• Bangkok Chain Hospital Public Company (KH): Listed Thai private hospital operator with a network of community and secondary-care hospitals, including Kasemrad hospitals. Closely comparable in operating model (private suburban hospital network, multi-specialty, listed on SET) at a similar mid-cap scale to Vichaivej.
• Vibhavadi Medical Center: Listed Thai private hospital group operating multi-specialty hospitals in Bangkok. Similar in scale, listing status, and Bangkok-centric suburban strategy to Vichaivej.

Broad incumbents

• Paolo Hospital (under BDMS group): Thai private hospital chain with multiple branches serving suburban Bangkok, now part of BDMS group. Comparable in suburban multi-specialty hospital model, though owned by a larger incumbent (BDMS).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/vichaivej
• YouTubeyoutube.com/user/VIHvichaivej
• Facebookfacebook.com/vichaivej
• Instagraminstagram.com/vichaivej
• Pinterestpinterest.com/vichaivej/vichaivej

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vichaivej International Hospital Group