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Malaysia

 

IHH becomes a major player in India

The largest Asian hospital chain, IHH Healthcare Berhad, has acquired Global Hospitals, India’s fourth largest group, in a deal which takes IHH’s Indian revenues to a run rate of around INR 12bn ($181m) in calendar 2015 with over 1,800 beds. The deal saw IHH pay INR 10.2bn for a 73.4% stake and inject a further […]
September 2, 2015

Report: Reforming China’s hospital sector

Between 2009 and 2014, the Chinese government spent over $370bn on healthcare, three times the $124bn initially planned. It is now drafting a new set of reforms in its new five-year road map to 2020, by which time total healthcare spending is expected to reach $1 trillion according to McKinsey.
August 21, 2015

Vietnamese hospital vies to become regional hub

One of the largest private hospital operators in Vietnam plans to open an international hub and spoke model by building 15 primary care outpatient clinics in Vietnam, Cambodia, Laos and Myanmar.
July 10, 2015

Sri Lankan market growing at 15% per annum

The Sri Lankan healthcare market is growing at breakneck speed says director of Hemas Hospitals, Murtaza Esufally. Problems with the public system are driving patients towards the private sector.
July 8, 2015

Report: Thailand: Asia’s Dark Horse

Nestled between the giant Indian, Chinese and Malaysian markets, Thailand has long passed under the radar. No more. Public health reform and aging populations have spurred rapid growth. And no longer content with medical tourists, its highly profitable hospital groups are moving abroad. Can these dark horses take advantage of the integration of ASEAN and become the dominant force in the region?
July 6, 2015

Myanmar groups fight back against medical tourism

It is estimated that Myanmar loses 100,000 patients and $200m a year to medical tourism, says Soe Myint, founder of the local Family Mandalar hospital group. Foreign groups such as Indonesia’s Siloam and Thailand’s Thonburi, have been drawn in. Siloam is investing $1bn in Myanmar over the next ten years. But local groups are fighting back.
July 6, 2015

Interview: Sudi Narasimhan, Corporate Director of Marketing and Business Development at Bumrungrad Hospital Group

Bumrungrad is a world leader in medical tourism and has effectively leveraged Thailand’s many advantages in this sector. Unlike its competitors, it has focused on high-end tertiary care from a single campus. Narasimhan leads us through the history of the group, the secret to profit margins of 20%, the changing dynamics of medical tourism and the future of the Thai market.
July 3, 2015

IHH and Thai groups to split ASEAN market

Thailand’s large hospital groups look set to dominate the market in the North ASEAN (Association of South-East Asian Nations) region according to a number of analysts. But IHH, the giant Malaysian healthcare operator, has a strong position in South ASEAN. Growing integration in the region would benefit both as they tap the thriving medical tourism industry.
June 9, 2015
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