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Turkish Health System Slides Into Crisis After Devaluation Of Lira

A tough year for Turkish health care providers and manufacturers ends with industry hoping for better news in 2022

Executive Summary

Amid delays in surgical operations caused by shortages of equipment and medtech companies demanding payment of outstanding hospital debts, a strong devaluation of the Turkish lira has put the local health care system on a crisis footing.

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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.

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