Ramkhamhaeng Hospital

What Ramkhamhaeng Hospital does

Ramkhamhaeng Hospital Public Company Limited (bkk:RAM) is a Thai for-profit private hospital group headquartered on Ramkhamhaeng Road in the Bang Kapi district of Bangkok. Founded as a private general hospital in 1988 and publicly listed on the Stock Exchange of Thailand on May 13, 1993, the group operates a 486-bed flagship campus spread across 3 patient buildings on more than 36 rai of land near Hua Mak stadium, complemented by a 31-hospital network (14 directly owned/subsidiary hospitals plus 17 associate and partner hospitals) totaling more than 6,900 beds nationwide. The company holds continuous AACI (American Accreditation Commission International) quality accreditation and serves individual patients, insured patients routed through a network of 50+ domestic insurers (AIA, Muang Thai Life, Bangkok Life, FWD, Allianz Ayudhya, MSIG) and 10+ international assistance providers (Cigna International, April International, Pacific Cross, Euro-Center, VYV International, International SOS, Asian Assistance), and corporate clients (employer health checkup and on-site vaccination contracts).

The hospital's core service offering spans comprehensive specialty medical care with ICU, PICU, NICU with fetal monitoring, a 24-hour cardiac center, cardiac catheterization lab, kidney transplant service (member of the Thai Red Cross Organ Donation Center), open-heart surgery, advanced health checkup packages sold via the ramhealthmart.com online marketplace, and a pioneering Medical Council of Thailand-approved TMS (Transcranial Magnetic Stimulation) Medical Assistant training program. Digital infrastructure includes an online appointment booking portal (appointment.ram-hosp.co.th), Thai/English/Chinese website localization, a LINE Official Account (@ramhospital), Facebook Messenger integration, a call center (1512), and a PDPA-compliant patient data platform. A second location, Ramkhamhaeng Hospital 2, has been launched to focus on complex and difficult-to-treat diseases.

Revenue is generated through five primary streams: inpatient and outpatient hospital services across 486 beds; fixed-price bundled health checkup packages (e.g., 999-baht annual physical, 5,500–9,000-baht cancer screenings); insurance reimbursement and corporate contracts negotiated with employer clients; high-margin specialized procedures (kidney transplantation, open-heart surgery, pediatric cardiac care); and 24/7 cardiac and emergency services. The go-to-market motion combines direct-to-consumer booking (walk-in, call center, online portal, LINE, Facebook Messenger), enterprise field sales through a dedicated Business Development / Marketing team pursuing corporate contracts and event medical coverage (Bangkapi Slow Run, NBA Rising Stars Invitational, RAM Hero Run), and channel partnerships with domestic and international insurance networks that act as referral channels for insured patients.

Name

Ramkhamhaeng Hospital

Legal name

บริษัท โรงพยาบาลรามคำแหง จำกัด (มหาชน)

Website

https://ram-hosp.co.th

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Ramkhamhaeng Hospital is a publicly listed Thai private hospital group operating a 486-bed flagship campus in Bangkok plus a 31-hospital network (6,900+ beds nationwide), delivering comprehensive specialty care, 24-hour cardiac services, kidney transplants, and corporate health programs to insured and self-paying individual patients.

Ownership category

akta.pro rank

Product category

Private Hospital Services

NAICS

General Medical and Surgical Hospitals (6221), General Medical and Surgical Hospitals (62211)

SIC

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

akta.pro primary industry

Private/For-Profit Hospital Systems (HLAFAAAF)

Keywords

• Private hospital services
• Tertiary healthcare
• Specialty medical care
• Health checkup packages
• Cardiac care services

Headquarters

HQ city

Bang Kapi

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Inpatient & Outpatient Hospital Services: Core revenue from hospital services: 486 beds for inpatient care, outpatient departments across all specialties, operating theaters, ICU, PICU, neonatal ICU with Fetal Monitoring, and 24/7 ambulance services. Generates recurring revenue from ongoing medical treatments, surgeries, and room charges.
2. Health Checkup Packages (แพ็กเกจเหมาจ่าย): Fixed-price bundled health checkup packages and screening programs (e.g., annual physical exam 999 baht, cancer screening 5,500-9,000 baht, breast cancer 2,600 baht, lung cancer screening 4,500 baht, kidney/liver/pancreas 7,000 baht, women's health HPV+ThinPrep 2,500 baht). Sold via ramhealthmart.com online storefront.
3. Insurance Reimbursement & Corporate Contracts: Revenue from contracts with 50+ domestic insurance companies (AIA, Muang Thai Life, Bangkok Life, FWD, Allianz Ayudhya, MSIG, etc.) and 10+ international insurers (Cigna, April International, VYV International, Pacific Cross, Euro-Center). Corporate contracts with employers provide package pricing for staff health checkups, vaccinations, and discounted inpatient services (drug, lab, X-ray, room).
4. Specialized Medical Procedures (Transplant, Cardiac, etc.): High-margin revenue from specialized procedures including kidney transplantation (service for end-stage renal disease), open-heart surgery (bacterial heart valve infection), cardiac catheterization lab (Cath Lab), pediatric cardiac care, and other advanced surgical interventions.
5. 24/7 Cardiac Center & Emergency Services: Dedicated 24-hour cardiac center (ศูนย์หัวใจ 24 ชั่วโมง) generating recurring emergency and urgent care revenue with specialist cardiology team available around the clock.

Pricing tiers

Go-to-market motion4 records

Core offering

Ramkhamhaeng Hospital is a publicly-listed private tertiary hospital that provides comprehensive inpatient and outpatient medical services across all specialty areas, supported by a 486-bed main campus with NICU, PICU, Cath Lab, 24/7 cardiac center, and kidney transplantation capability. It operates as the anchor of a 31-hospital network across Thailand and sells bundled health checkup and screening packages online, while serving insured patients through partnerships with 50+ Thai insurers and 10+ international assistance providers.

Differentiator

Problem solved

Functional benefit

Brands

• Ramkhamhaeng 2 Hospital (โรงพยาบาลรามคำแหง 2): A second hospital location by Ramkhamhaeng Hospital, with the goal of becoming a leading modern hospital specializing in complex and difficult-to-treat diseases, located at https://www.ram2hospital.com/.
• Ram Group (Ramkhamhaeng Hospital Group)
• Ram Health Mart (ramhealthmart.com)

Products and services

• Inpatient and Outpatient Hospital Services Comprehensive inpatient and outpatient services across all medical specialties at the main 486-bed Bang Kapi campus, supported by ICU, PICU, NICU with Fetal Monitoring, 24/7 ambulance service, operating theaters, and modern diagnostic equipment. For patients requiring hospitalisation, surgery, emergency care, or specialist outpatient consultation.
• 24/7 Cardiac Center Services (ศูนย์หัวใจ 24 ชั่วโมง) Round-the-clock cardiac emergency and treatment services including cardiac catheterization (Cath Lab), pediatric cardiac care, and open-heart surgery, with specialist cardiology team available continuously. Contact 083-990-8989 for the 24-hour heart center.
• Kidney Transplantation Service End-to-end kidney transplant service for end-stage chronic kidney disease patients, with dedicated transplant nursing training curriculum and specialist surgeons (Dr. Banthit Sakulchairaroeng, Dr. Thanom Asawadilokchai) assisted by Ramathibodi Hospital transplant surgeons and nurses.
• Health Checkup and Screening Packages (แพ็กเกจตรวจสุขภาพ) Fixed-price preventive screening packages sold through ramhealthmart.com, including annual physical exams, multi-organ cancer screening (male 5,500 baht / female 9,000 baht), breast cancer screening (2,600 baht), lung cancer advance screening (4,500 baht), liver/pancreas/bile duct screening (7,000 baht), and women's health (HPV DNA + ThinPrep at 2,500 baht). Targeted at individuals and corporate clients seeking preventive diagnostics.
• All-inclusive Treatment Packages (แพ็กเกจเหมาจ่าย) Bundled all-inclusive treatment packages for specific procedures, providing patients with predictable fixed pricing for hospital services, in contrast to quote-based inpatient and surgical pricing.
• TMS (Transcranial Magnetic Stimulation) Service Transcranial Magnetic Stimulation (TMS) treatment service delivered by certified medical assistants under specialist supervision, with an accompanying Medical Council of Thailand-accredited 3-month training program combining online theory and hands-on practice.
• Corporate On-site Health Services (Vaccinations, Health Checks, First-Aid Standby) Mobile health services delivered at employer worksites and event venues by the Business Development team, including on-site health checkups, on-site quadrivalent influenza vaccinations (e.g., for Nava Abyss Co., Ltd. and Im Soup Im Sap Co., Ltd. on June 12, 2026), CPR/AED training (e.g., for I Group on January 24, 2023), and first-aid standby at sports tournaments, marathons, and expos.
• International Patient Services (Medical Tourism) Hospital services marketed to inbound international patients (expatriates, travelers, cross-border patients from Laos, Cambodia, Myanmar) via partnerships with international insurance assistance networks, supported by multi-lingual (Thai/English/Chinese) customer-facing channels and direct-billing arrangements.
• Ramkhamhaeng 2 Hospital (โรงพยาบาลรามคำแหง 2) A second hospital facility under the Ramkhamhaeng Hospital group, positioned as a leading modern hospital specializing in complex and difficult-to-treat diseases.

Quantifiable outcome

• 486 inpatient beds at main hospital, 6,900+ beds across 31-hospital network
• +4 more outcomes

Named customers11 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

14 partnerships are on record, tiered core, flagship and minor.

• Thai Red Cross Society (สภากาชาดไทย)coreStrategic or Co-development PartnerLong-standing multi-decade partnership: co-organizes quarterly blood donation drives (58+ events ongoing, 1,000+ units donated over 5+ years); Ramkhamhaeng Hospital is a member of the Thai Red Cross Organ Donation Center, performing kidney transplants for end-stage renal disease patients; recognized by Her Majesty Queen Sirikit with Certificate of Honor (Sept 29, 2015) and by National Blood Centre as top blood donation organization in 2024.
• เอไอเอ จำกัด (AIA Thailand)flagshipGTM or Marketing PartnerMajor insurance partner; recognized with Excellence in Claim Coordination at AIA Hospital Awards 2025 (March 27, 2026) and Best Claim Support Runner-Up at AIA Hospital Awards 2022 (Nov 18, 2022). Drives insured patient referrals for treatment, hospitalization, and surgery with direct billing coordination.
• เมืองไทยประกันชีวิต จำกัด (มหาชน) — Muang Thai Life Assurance PCLflagshipGTM or Marketing PartnerMajor insurance partner; recognized with Creativity and Innovation Silver Award at Muang Thai Life Assurance Hospital Awards 2024 (July 7, 2025) and 2023 (June 24, 2024), plus Caring Award in 2021 (Sept 21, 2021). Member of MTL Smile Hospital Network, jointly presenting at Health Champion Reunion 2026.
• บริษัท เรียลแอสเสท ดีเวลลอปเม้นท์ จำกัด (Real Asset Development Co., Ltd.)coreStrategic or Co-development PartnerHealth & Wellness collaboration for residential real estate projects (e.g., Storries Bangna-Suvarnabhumi); jointly developing exercise gardens, child development playgrounds, edible gardens; produced joint Ramkhamhaeng x Real Asset membership cards offering healthcare discounts and special heart/lung rehabilitation packages to residents. Visit by Ms. Tassawan Siriwong (Executive Director) on October 22, 2021.
• American Accreditation Commission International (AACI)flagshipStrategic or Co-development PartnerIndependent accreditation body based in the United States; conducts annual on-site quality and safety audits at Ramkhamhaeng Hospital (e.g., January 29, 2024 by Dr. Somporn Khamphong of AACI America; surveyed again in 2025). Validates international standards across personnel, facilities, equipment, processes and management systems.
• YBL Thailand (Youth Basketball League Thailand)minorGTM or Marketing PartnerCo-branded Ram Hospital x YBL Thailand membership card for YBL Season 3 athletes; offers 10% cash / 7.5% credit card discounts on hospital services; 1-year validity from card issuance.
• เดอะมอลล์ กรุ๊ป (The Mall Group)minorGTM or Marketing PartnerPromotional partnership offering Ramkhamhaeng Hospital customers 150 baht discount (code RAM150) on M Online and Gourmet Market Online purchases 1,500 baht+ (Aug 1 - Oct 31, 2023).
• แพทยสภา (Medical Council of Thailand)flagshipStrategic or Co-development PartnerAccreditation and oversight partner; Medical Council sub-committee visited Ramkhamhaeng Hospital on August 8, 2022 to evaluate the pioneering TMS (Transcranial Magnetic Stimulation) Medical Assistant training program — approved by Prof. Somsri Pho Sawas (Chair), Dr. Uerchart Kanjanapitak, and Prof. Amorn Silarasame. The 3-month program combines online theory and hands-on practice.
• โรงพยาบาลรามาธิบดี (Ramathibodi Hospital, Mahidol University)coreImplementation/ SI/ Consulting PartnerAcademic medical partner; Ramathibodi transplant surgeons and nurses (Dr. Banthit Sakulchairaroeng, Dr. Thanom Asawadilokchai, Vor. Patcharee Chuthip, Vor. Natsinee Phonhan) serve as expert instructors for Ramkhamhaeng Hospital's Kidney Transplant Nursing Course and assist with kidney transplant procedures.
• Auntie Anne's ThailandminorGTM or Marketing PartnerCharity partnership sending pretzels and beverages to Ramkhamhaeng Hospital staff at New Year 2026 (January 2026), supporting healthcare workers.
• Dr. Bounkong Syhavong (former Laos Minister of Health)minorOthersDiplomatic visit to Ramkhamhaeng Hospital by Dr. Bounkong Syhavong (former Minister of Health of Lao PDR) hosted by hospital executives — signals regional healthcare diplomacy and inbound medical tourism potential from Laos.
• บริษัท โรงพยาบาลสินแพทย์ (Sinphat Hospital), โรงพยาบาลเชียงใหม่ ราม (Chiang Mai Ram Hospital), โรงพยาบาลลานนา (Lanna Hospital) — Ram Hospital network partnersflagshipStrategic or Co-development PartnerNetwork affiliate hospitals jointly participating in CSR initiatives such as the 1,200,000 baht donation to the Forest Rangers Fund (กองทุนเพื่อผู้พิทักษ์ป่า) on March 10, 2019, and other multi-hospital group activities. Part of the 31-hospital network managed by the Ramkhamhaeng Hospital group.
• อินเตอร์เนชั่นแนล เอสโอเอส เซอร์วิสเซส (International SOS) and other international insurance assistance providers (April International, Asian Assistance, Cigna International, Euro-Center, VYV International, First Class Inter Assistance, Pacific Cross)coreChannel Partner/ Reseller/ DistributorInternational insurance assistance and medical network partnerships; these partners refer international patients (including expatriates, travelers, and cross-border patients from Laos, Cambodia, Myanmar) to Ramkhamhaeng Hospital for treatment and handle direct billing arrangements.
• NB GROUP (เครือโครงพยาบาลรามคำแหง) — Ram Hospital affiliated group including บมจ.โรงพยาบาลรามคำแหง and affiliates such as โรงพยาบาลสินแพทย์, โรงพยาบาลเชียงใหม่ ราม, โรงพยาบาลลานนาflagshipStrategic or Co-development PartnerAffiliated hospital network under common management; jointly deploy medical teams to events such as 'ปั่น 2 น่อง' cycling event (January 28, 2020), Bangkapi Slow Run, etc. Led by Mr. Tarit Chuein-im (กรรมการบริหาร) and Dr. Sira Hantrakul.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Vejthani Hospital: Bangkok-based private hospital known for orthopedics and international patient services. Directly comparable in size and service mix, competing for similar Bangkok catchment and inbound medical tourism patients.
• Bumrungrad Hospital: Leading Bangkok-based private hospital listed on SET, focused heavily on international medical tourism and complex specialty care. Directly comparable in patient mix, insurance-driven revenue model, and AACI/JCI-equivalent international accreditation positioning.
• Bangkok Dusit Medical Services (BDMS): Thailand's largest private hospital operator with a multi-brand network (Bangkok Hospital, Samitivej, Phyathai, Paolo, etc.). Directly comparable as a Bangkok-based private hospital group serving insured and international patients with comparable specialty services and corporate contracts.
• Thonburi Healthcare Group: SET-listed Thai private hospital group operating secondary-care facilities in Bangkok and provinces. Comparable mid-tier private hospital network competing for similar insured patient pools and corporate health contracts.
• Mae Fah Luang Foundation Hospital / Chiang Mai Ram Hospital: Northern Thailand private hospital that is itself an affiliate within the Ramkhamhaeng Hospital Group network. Comparable in specialty coverage and corporate health check offerings, serving as a regional extension of Ramkhamhaeng's brand.

Emerging players

• MedPark Hospital: Newer Bangkok private tertiary hospital (opened 2020) competing for premium insured and medical tourism patients. Comparable in advanced specialty positioning and modern facility standards.

Regional players

• Saint Louis Hospital: Long-established Bangkok private hospital (Catholic foundation) serving similar middle-class insured patient demographic. Comparable in offering breadth but typically with a narrower international patient focus.

Others

• Bangkok Insurance PCL: Major Thai insurer and partner within Ramkhamhaeng's insurance distribution network. Relevant as a channel partner rather than competitor, but useful comparable for understanding Thai healthcare insurance economics.

Broad incumbents

• IHH Healthcare Berhad: Large Asian private hospital operator (Mount Elizabeth, Gleneagles, Pantai) with regional presence. Relevant comparable for international accreditation, complex care positioning, and multi-country hospital group economics.
• Phyathai Hospitals Group (part of BDMS): Mid-tier Bangkok private hospital brand within the BDMS network. Comparable specialty coverage and pricing tier, but with BDMS's broader scale and capital backing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookm.me/ramhospital

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Ramkhamhaeng Hospital