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LATAM HEALTHCARE MONITOR

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Nearly halfway through 2022, we are still talking about procedure backlogs. Many
believed the backlog situation would be addressed as soon as 2021. However,
recent data shows us that while most countries’ private sectors are above
pre-pandemic levels (including substantial growth in Brazil), not a single
public system in LATAM has been able to efficiently and effectively address the
issue. With that said, signs of more being done are accelerating, and in this
month’s report, we highlight the additional budget assigned to the Ministry of
Health in Brazil and Mexico’s shift to a federally managed public health system.
Meanwhile, we have had significant developments on the reform fronts in Colombia
and Chile. Colombia will host a run-off election in the second half of June,
pitting two candidates with significant reform proposals against one another
(proposals that include new ideas on medicine pricing). In Chile, a final draft
of the healthcare guarantees and language to be included in the new constitution
has been released, which must be approved by September, but it will still take
two years of subsequent legislative action to hammer out the details.

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ALEC LEE

13 June 2022


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Monthly Market Monitor, Argentina, Brazil, Chile, Colombia, Peru, Mexico