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Old January 22nd, 2013, 08:55 AM   #101
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Malaysia Health Tourism

Boosting M’sia’s medical tourism segment
by Justin Yap, [email protected]. Posted on January 18, 2013, Friday
http://www.theborneopost.com/2013/01...urism-segment/

KUCHING: Malaysia is increasingly becoming a major destination for foreigners seeking medical treatment over the past five years, with efforts under way to diversify source markets.

According to the Ministry of Health Malaysia, the first five months of 2012 saw some 236,836 of foreign patients travelling into the country for medical care, spending RM200.4 million in total.

Based on these preliminary figures, the sector was expected to attract over 600,000 foreign patients and generate more than RM600 million in revenues by the end of 2012, Oxford Business Group (OBG) stated in its latest Malaysia Report.

In comparison to the region, Malaysia’s favourable exchange rate and the cost of healthcare services is at an extensively lower cost than that of other countries.

Some surgeries, in particular, are cheaper by half as compared with Singapore or Indonesia.

OBG, however, pointed out that spending by medical tourists was significantly higher than that of other types of visitors in general, medical tourists spent around four times more than their leisure counterparts.

“The medical tourism segment is almost entirely served by private sector health care providers.

“In 2011, facilities in Penang attracted around 49 per cent of total foreign medical revenues, while institutions in KL and the greater Klang Valley attracted 21 per cent of total spending and those in Melaka took in about 10 per cent,” it highlighted.

The government is currently working to boost private sector participation in the industry, with the goal of expanding health care options for Malaysians and attracting a large share of the medical tourism market.

“Incentives aimed at encouraging private participation in the sector include tax exemption for firms that build new hospitals or expand existing hospitals with the goal of attracting more medical tourists, and other tax incentives for companies that obtain accreditations,” it explained.

As of mid-2012, Malaysia was home to eight hospitals with JCI accreditation, including Gleneagles Hospital, the National Heart Institute, the Penang Adventist Hospital and the Sime Darby Medical Centre Subang Jaya.

Additionally, 85 hospitals – 32 of which are private facilities – hold accreditations from the Malaysian Society for Quality in Health.

On the other hand, the Ministry of Health Indonesia had announced a plan in early 2012 to boost accessibility to health care for nationals in an effort to encourage Indonesians to stop travelling abroad for care.

“If this plan comes to fruition, Malaysia could possibily see a decline in its medical tourists from Indonesia, with this likely to have a significant effect on revenue figures.

“With this in mind, Malaysia Healthcare Travel Council is currently working to promote the segment in nearby countries such as Singapore and Japan as well as further afield in burgeoning health care markets including China, Bangladesh, Cambodia, Myanmar and a handful of nations in the Middle East,” it concluded.
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Old March 31st, 2013, 07:41 AM   #102
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MyMEDholiday.com adds Malaysia to list of healthcare destinations
Posted on March 31, 2013, Sunday
http://www.theborneopost.com/2013/03...#ixzz2P5qYTgcp

NEW DELHI: Malaysia is now listed as a medical tourism destination on MyMEDholiday.com, a portal that provides a robust bundle of features to anyone considering a trip overseas for healthcare.

The comprehensive medical tourism portal and ratings site with offices in San Francisco and Bangkok has detailed profiles of over 400 healthcare providers in Asian countries known for their advanced medical care centres such as Thailand, India, Singapore, and now, Malaysia.

In addition to the profiles of various doctors, hospitals and clinics spanning all fields of medicine, the site includes an interactive tool with which patients can access facilities directly, said a statement.

Information pertaining to the countries represented on the site can be accessed easily through a drop-down tab called, appropriately, “Destinations”.
There is also a brief summary of each country’s medical tourism capabilities, a synopsis of the overall healthcare system there and listings of the most popular cities for medical tourism.

One high-ranking member of the company’s Asian-operations team says, “Asian countries such as Singapore, India and Thailand have established themselves as heavyweights in the multi-billion dollar health and medical tourism market by offering patients from abroad the chance to receive convenient, high-quality, and affordable healthcare that they can’t get at home.

“At this point in time, it makes sense to include Malaysia as it starts to emerge as a serious player as well.”

The “Destinations” page featuring myMEDholiday.com’s newest location includes a summary touting Malaysia’s new-found prominence as a medical tourism haven and its new and internationally-recognised hospitals and clinics.

It also contains information on the highly qualified doctors and specialists who practise there, and looks at some of Malaysia’s better-known fields of expertise such as cardiology, oncology, orthopaedics, infertility treatment and reconstructive surgery.

It also cites Malaysia’s reputation as a premier vacation destination due to the balmy tropical climate and warm hospitality.

Like the other Asian leaders, Malaysia claims to satisfy both halves of the healthcare travel equation with a successful “medical” infrastructure and a thriving “tourism” industry.

Each facility listed in the medical travel “Destinations” pages is qualified and up-to-date with the latest in healthcare technology and trends, and has met myMEDholiday.com’s strict membership criteria before having their profiles listed free of charge, said the statement. — Bernama
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Old April 25th, 2013, 07:10 AM   #103
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COVER STORY: Hotel-like hospitals get popular
By KHAIRIE HISYAM ALIMAN 21 March 2013| last updated at 01:38PM

IN-TREND: Hotel-like hospitals are catching on in Singapore and Malaysia as patients seek a more holistic and even ‘luxurious’ ambiance in a hospital environment

Stereotypes abound when it comes to hospitals. Hospitals are long associated with a sterile and intimidating atmosphere which gives rise to feelings of unease in those having to visit them for whatever reason. Horror stories of rude and even downright incompetent medical
staff merely add to the negative air surrounding these establishments. Bland food and generally inhospitable ambience add to the “unhappy” environment.

However, a rising trend of much better ambience in some private hospitals may help change the negative perception especially if government hospitals follow suit.

Extending ‘hospital-ity’

Over the last decade, the private healthcare industry overseas has moved beyond merely providing basic facilities and amenities in the course of medical treatment. Increasingly, private hospitals are growing to resemble high-class hotels when it comes to design, interiors and services.

The difference is felt as soon as one arrives at such hospitals, especially since some healthcare establishments provide valet parking services. On entering the hospital itself, one is met by warm greetings much like those provided by the concierge of a hotel. Then there are also lobbies and visitors’ lounges with modern design and lavish decor rivalling those of five-star hotels, some with multiple fireplaces accentuating the welcoming atmosphere. Many private hospitals especially in developed countries now have high-end coffee shops and amenities within their premises.

Actual accommodations have also seen major changes from the normally minimalistic and even bare rooms for patients to exclusive and spacious suites with luxurious furnishings and plush interiors. Patients certainly don’t feel like they are confined in a hospital.

Along with a sense of privacy often lacking in more traditional and usually cramped establishments, patients have access to a host of hotel amenities ranging from Wi-Fi access and large-screen TV to on-demand entertainment and even massage therapies and room service menus with dozens of tantalising options available.

Additionally, many private hospitals are placing increasing importance on having elements of nature within their compounds. As a result, such hospitals boast beautifully landscaped gardens and serene natural surroundings where patients can reconnect with nature during the healing process.

Given that more traditional healthcare establishments usually have a focus on practical furniture and functional spaces, such drastic differences are proving to be an increasingly popular alternative among those seeking higher-end healthcare services.

Patient-centred care

Driving this trend of ‘hospitable’ hospitals is an increasingly patientcentred approach to healthcare, where the goal is to improve patient experience as well as augment the healing process. To achieve this goal, the healthcare industry has thus taken many a leaf out of the hospitality sector’s book — with some hospitals even directly recruiting hospitality experts to their cause.

Such was the case of former Ritz- Carlton hotelier Gerard van Grinsven who is now the President and Chief Executive Officer of the Henry Ford West Bloomfield Hospital in Michigan, USA. With more than 25 years’ experience in the luxury hospitality industry, van Grinsven introduced elements traditionally exclusive to hotels into the 300-bed, $360 million (RM1.13 billion) facility such as luxury suites, mini-hotel rooms for visitors, yoga classes and fresh to-order food and etc.

“Our services are designed to enhance the patient experience and aid in the healing process,” van Grinsven was quoted as saying. “Our offerings are not luxury services; they are wellness services.”

“Whether it is health coaching or acupuncture (or) a visit by our patient concierge, a cooking class designed to educate patients on their conditions or a visit to our therapeutic organic greenhouse — they all have one purpose - to deliver an experience that transforms lives and communities through health and wellness, one person at a time.”

Van Grinsven’s migration from the hospitality industry to the ‘hospitable’ healthcare sector is by no means a unique case. Looking closer to home, has this rising trend finally become more than a fixture in our private healthcare sector?

‘High-class’ hospitals

By all appearances, the answer would be yes. “This trend is becoming more evident in hospitals across Singapore and Malaysia,” says Dr Tan See Leng, Executive Director of IHH Healthcare Berhad which is Asia’s largest hospital operator.

Dr Mohamad Nasir Zahari, Medical Director of Beverly Wilshire Medical Centre in Kuala Lumpur, agrees and notes that the “standard of facilities and care has improved exponentially.” “Local patients enjoy the paradigm shift towards higher standards at par with (international standards),” adds Dr Mohamad, remarking further that “patients from overseas are very impressed with the standard of medical care and services [here] that is beyond their expectations.”

Dr Tan points to the need for constant improvement in terms of what hospitals can offer patients as a factor driving this development in the region. “Increasingly, hospitals are more focused on catering to the patient’s needs in terms of better facilities, amenities and atmosphere,
beyond providing quality medical care.”

However, the trend comes with its own price tag. Private hospitals in this mould are typically more expensive than even the typical private hospitals.

This is due to “higher investment and operational costs”, notes Dr Mohamad of Beverly Wilshire Medical Centre. “At the moment, we are catering for the top 20 per cent of the population and patients from countries with higher socio-economic status,” adds Dr Mohamad.

Trends aside, do such improvements in terms of patient experience have any positive impact on the patient’s well being?


Read more: COVER STORY: Hotel-like hospitals get popular - RED - New Straits Times http://www.nst.com.my/red/cover-stor...#ixzz2RRt9f3QJ
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Old June 21st, 2013, 08:27 AM   #104
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Medical tourism set to exceed RM630m
By Lim Cian Yai Published: 2013/06/21
http://www.btimes.com.my/Current_New...#ixzz2WpU65ldv



MALAYSIA'S medical tourism industry is expected to grow beyond RM630 million this year, driven by high quality healthcare services at affordable prices, said Malaysia Healthcare Travel Council (MHTC).

The council has forecast a total of 700,000 foreigners coming to Malaysia for treatment this year.

"The number of foreign patients has jumped by 15 per cent from about 583,000 in 2011 to more than 670,000 last year.

"We expect the momentum to be sustained," said MHTC chief executive officer Dr Mary Wong.

She believes that the high quality yet affordable healthcare facilities and services are the main drivers of the industry.

"This is further boosted by affordable hotel rates and short waiting period in getting medical treatment," she added.

Malaysia recorded 25 million tourist arrivals last year.

Established in 2009 and under the purview of the Health Ministry, MHTC has been tasked to streamline both private and government healthcare service providers and industry players.

Indonesia, India and Japan were Malaysia's top three markets in terms of patients seeking medical treatment here last year.

Cardiology, autopathic cancer and in vitro fertilisation are the most sought after services by foreign patients.

Dr Wong was speaking at a press conference by Prince Court Medical Centre, which has been named the top hospital for me-dical tourists this year by Medi-cal Travel Quality Alliance (MTQUA).

The luxury private healthcare facility is wholly-owned by Petroliam Nasional Bhd and was built at a cost of RM544 million in 2007.

The hospital was in the spotlight after reporting a combined pre-tax loss of RM653.83 million in 2009 and 2010, but is targeting to be profitable in five years.

"Business is pic-king up, patient volume is growing and our revenue recorded 23 to 25 per cent growth last year," said Prince Court chief executive officer Dr Chong Su Lin.
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Old June 26th, 2013, 06:22 PM   #105
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MHTC to woo Indian GPs in medical tourism drive
Posted on June 26, 2013, Wednesday
http://www.theborneopost.com/2013/06...tourism-drive/

NEW DELHI: The Malaysia Heathcare Travel Council (MHTC) is planning to move into the second stage of its marketing effort in South Asia by wooing general practitioners (GPs), its senior manager (Business Development) Wong Toon Keng said.

“Earlier, it was all about making MHTC more visible.

“Now, we want to hard sell,” he said.

Approaching GPs is among the best options, as patients would often follow their advice, he told Bernama in an interview.

“There is also an option for patient exchange, which is another big market that can be tapped into,” he said.

MHTC plans to organise an event to gather the GPs and create awareness among them, said Wong.

Asked why Indians seek medical treatment in Malaysia, he said it is an option, there are obviously top-notch hospitals and doctors in this region too, but some people might want to go overseas as a matter of choice.

One issue is the demand outstripping the supply, he said.

“Sometimes it can also be for convenience, for instance if their kids are working and residing in Malaysia,” he said.

The potential in India is enormous, he said, pointing out that a total of 22,350 healthcare travellers from India come to Malaysian hospitals for treatments related to cardiology, oncology, orthopaedic and health screening.

Recently, a leading medical tourism portal added Malaysia to a list of top centres in Asia for advanced healthcare.

The “Destinations” page featuring myMEDholiday.com’s newest location includes a summary on Malaysia as a medical tourism haven, the country’s top hospitals and clinics and the highly qualified doctors and specialists.

It looks at some of Malaysia’s better-known fields of expertise such as cardiology, oncology, orthopaedics, infertility treatment and reconstructive surgery. — Bernama
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Old October 3rd, 2013, 01:47 PM   #106
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Efforts to lure medical tourists from Indochina
Published: 2013/10/03
http://www.btimes.com.my/Current_New...#ixzz2getmnQ4m

GEORGE TOWN: The Northern Corridor Implementation Authority (NCIA) is working with health providers in Penang to lure medical tourists from key Indochina markets, says chief executive Datuk Redza Rafiq.

He said among the markets identified are Myanmar, Vietnam and Bangladesh.

"We are stepping up efforts to assist member hospitals of the Penang Health Association to penetrate new markets in the region, as well as existing ones like Indonesia, Japan, Europe and Australia," Redza said.

His speech at the International Conference for Cancer Caregivers here today was read by NCIA vice president of Resource Support Services Centre (marketing and investor relations division), Muhammad Zaki Mohd. Saman.

Redza said Malaysia achieved a higher healthcare travel revenue of about RM594 million last year from RM511 million recorded in 2011 amid aggressive efforts by the federal government.

The Ministry of Health and other relevant government agencies including NCIA as well as the 72 hospitals and healthcare facilities in Malaysia are registered with the Malaysian Healthcare Travel Council.

On the one-day conference organised by Penang Adventist Hospital (PAH), Redza said the knowledge, emotional and mental support skills acquired would help caregivers provide better care for cancer patients.

He also expressed hope that PAH would continue to leverage on its international network of some 600 non-profit hospitals, clinics and dispensaries worldwide to enhance healthcare services offered in the Northern Corridor Economic Region.

This is is to cater to the global and regional demand for healthcare services which would continue to increase in tandem with the growing affluence and life expectancy in the region, he added. -- Bernama
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Old October 4th, 2013, 03:49 AM   #107
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NCIA wants to attract more medical tourists
By Marina Emmanuel Published: 2013/10/04
http://www.btimes.com.my/Current_New...#ixzz2giJIisKQ



MALAYSIA recorded healthcare travel revenue of RM594 million last year, up 16.2 per cent from RM511 million in 2011.

Northern Corridor Implementation Authority (NCIA) chief executive officer Datuk Redza Rafiq attributed the increase to aggressive efforts of the Health Ministry and agencies such as the NCIA, together with 72 hospitals and healthcare facilities registered with the Malaysian Healthcare Travel Council.

"The NCIA will continue working with health providers in Penang to attract medical tourists from key Indo-China markets like Myanmar, Vietnam and Bangladesh.

"We are stepping up efforts to assist hospitals here to penetrate new markets in the region, in addition to existing markets such as Indonesia, Japan, Europe and Australia," he said at the opening of the International Conference For Cancer Caregivers, organised by Adventist Oncology Centre and Penang Adventist Hospital, here, yesterday.

Redza's speech was read out by NCIA's acting tourism division head Muhammad Zaki Mohd Saman.

Also present was Penang Adventist Hospital chief executive officer Dr Wesley Toh See Wei.

Redza said last year, the seven-member Penang Health Association (PHA) received 327,376 foreign medical tourists, which contributed some 60 per cent to Malaysia medical tourism receipts.

"The PHA is an organisation that NCIA works closely with to develop the medical tourism agenda in order to bring more jobs and business opportunities to the Northern Corridor Economic Region," he added

"As the regional enabler, facilitator and business partner to the private sector as well as a friend to the community, the NCIA bears witness to Penang Adventist Hospital's efforts in helping to bring the nation's already comprehensive range of general, secondary and tertiary healthcare services to the next level through greater specialisation".

Statistics from the Penang Health Association revealed that RM314 million in hospital receipts were recorded for medical tourism by its members in 2012. The figure reflects a 14 per cent increase from the year before.
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Old October 17th, 2013, 06:51 PM   #108
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Old October 19th, 2013, 03:59 PM   #109
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Zairil: Petronas rugi RM1.1b untuk Prince Court
WARTAWAN SINAR HARIAN
18 Oktober 2013

SHAH ALAM – Petronas rugi RM1.1 bilion dalam tempoh 10 tahun ini selepas mensubsidikan sebuah hospital swasta mewah, dakwa Timbalan Setiausaha Publisiti DAP, Zairil Khir Johari.

Zairil yang juga Ahli Parlimen Bukit Bendera turut mendakwa Petronas tidak diaudit oleh Ketua Audit Negara sedangkan ia merupakan salah satu syarikat berkaitan kerajaan (GLC) terbesar.

“Selain minyak dan gas, Petronas telah menceburi perniagaan dalam sektor hartanah serta penjagaan kesihatan melalui hospital mewah, Prince Court Medical Centre yang terletak di Kuala Lumpur.

"Kerugian sebanyak RM1.1 bilion menunjukkan Petronas tidak sepatutnya terlibat dalam perniagaan seumpama itu,” katanya dalam satu kenyataan.

Dakwa Zairil, kos pelaburan sebanyak RM544 juta itu tidak meraih apa-apa keuntungan.

"Berdasarkan laporan tahunan, hospital swasta ini menanggung kerugian yang cukup besar selama 10 tahun ini terutama lima tahun terakhir ini.

"2008 rugi RM111 juta, 2009 pula dua kali ganda RM192 juta kemudian semakin teruk pada 2010 dengan rugi RM450 juta.

"Kerugian pada tahun berakhir 31 Disember 2011 pula mencecah RM1.08 bilion," dakwanya.

http://www.sinarharian.com.my/zairil...court-1.212481
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Old October 25th, 2013, 06:40 PM   #110
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Old October 26th, 2013, 08:41 AM   #111
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Stroke Centre Opening Ceremony

GEORGE TOWN - Strokes are one of the most common ailments that effects everyone, but through quick response action and specialized care, stroke patients have higher chances of recovery.

In light of this, Penang officially launched the first ever Stroke Centre here at the Pantai Hospital on Oct 26. The opening ceremony was officiated by Chief Minister Lim Guan Eng, who proudly commended Pantai Hospital for their efforts in taking up this initiative.

“The Penang State Government is proud that Pantai Hospital Penang has taken up the initiative to set up the Stroke Centre to provide specialized care and management of stroke patients, putting Penang on the fore front as the first private hospital in the Northern Region to have services such as this,” Lim said during his speech at the opening ceremony.

Attentive to the health needs of Penangnites, Lim also pointed out that two dialysis centres have been set up, one on the island and one on the mainland, to assist poor dialysis patients. “Knowing that health is wealth, we want all Penangnites to be healthy,” Lim added.

Another initiative from the state would be the free mammograms called the “Sayangi Wanita Pulau Pinang” to help women in detecting early stages of breast cancer which will be launched early next year.

Medical tourism has seen an exponential growth on the island over the past six years. From 226 000 patients at a revenue of RM 173.7 million in 2008 to 327 000 at a Compounded Annual Growth Rate (CAGR) of 9.7% with a recorded revenue of RM 314.3 million.

Lim points out that the state government wishes to make Penang into a medical city to bring in more revenue to the state and all related business entities.
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Old October 26th, 2013, 09:13 AM   #112
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Old October 26th, 2013, 01:15 PM   #113
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Malaysia diramal terima ramai pesakit Amerika
2013/10/23 - 03:44:09 AM Oleh Suffian A Bakar
http://www.bharian.com.my/articles/M...erika/Article/

Companion Global Healthcare Inc (CGH), syarikat pemudah cara pelancongan perubatan berpangkalan di Columbia, South Carolina, Amerika Syarikat (AS) meramalkan Malaysia bakal menerima kemasukan ketara bilangan pesakit dari AS dalam tempoh terdekat ini.

Presiden dan Ketua Pegawai Operasinya, David Boucher, berkata ia didorong oleh dua faktor utama yang sedang berlaku di AS, iaitu kemelesetan ekonomi serta pelbagai masalah berhubung pelaksanaan Akta Perlindungan dan Penjagaan Mampu Bayar Pesakit yang lebih dikenali sebagai ‘Obamacare’.

Beliau berkata, kemelesetan ekonomi menyebabkan ramai warga AS tidak mampu untuk menanggung kos perubatan yang meningkat ketara di negara itu, sekali gus membuatkan warganya menyedari kelebihan sektor pelancongan perubatan di luar AS, seperti Malaysia, Turki dan Korea Selatan yang menawarkan kualiti perkhidmatan lebih baik tetapi pada kos jauh lebih rendah.

“Ramai di AS masih tidak mengetahui bahawa di Malaysia terdapat banyak hospital menawarkan kemudahan kelas pertama, dan saya dapati ramai doktor di sini berkelas dunia,” katanya pada taklimat media berhubung kejayaan rawatan pesakit pertama yang dibawa masuk CGH ke negara ini di Shah Alam, semalam. Yang hadir sama Ketua Eksekutif Ramsay Sime Darby Health Care, Sue T L Lee.



Amat berpuas hati

Boucher berkata, pesakit pertama dari AS yang dibawa masuk ke Ramsay Sime Darby Health Care Ara Damansara Medical Centre selamat menjalani pembedahan menggantikan lututnya dan hari ini beliau dikeluarkan dari hospital.

“Daripada maklum balas yang saya terima, beliau amat berpuas hati dengan pengalaman perubatannya selama di Ramsay Sime Darby Health Care dan saya percaya berita ini akan tersebar luas di AS kerana sepanjang berada di wad, David banyak memberikan komen positif dalam lawan sosialnya” katanya.

Mengenai Obamacare, Boucher berkata terdapat pelbagai masalah berhubung pelaksanaannya.


Obamacare katanya, membolehkan lebih ramai rakyat AS mendapat perlindungan insurans perubatan dan ini menyebabkan tempoh menunggu untuk mendapatkan temu janji berjumpa doktor menjadi semakin panjang, dan ada yang perlu menunggu sehingga lima minggu.

Masalah itu akan berpanjangan, dan diunjurkan menjelang 2050, warga AS berumur 65 tahun dan ke atas akan meningkat sekali ganda, kepada lebih 80 juta, tetapi pada masa sama negara itu berhadapan kekurangan doktor untuk merawat golongan berkenaan, katanya.

Boucher berkata, antara kelebihan sektor penjagaan kesihatan di Malaysia ialah infrastrukturnya setaraf hospital negara maju, hospitaliti kakitangan yang jauh lebih baik berbanding di AS, doktor bertaraf dunia, mengamalkan tahap keselamatan tinggi, selain kepelbagaian makanan, persekitaran dan banyak tempat menarik yang boleh dilawati pesakit untuk merehatkan badan.

Sebagai perbandingan kos perubatan untuk mengganti lutut di hospital di AS ialah AS$65,918 (Malaysia: AS$6,000); pembedahan jantung AS$144,317 (Malaysia: AS$11,000); dan penggantian tulang rusuk AS$100,047 (Malaysia: AS$14,000).

Pemudah cara pelancongan

Sebagai syarikat pemudah cara pelancongan perubatan, CHG membantu kakitangan swasta AS mendapatkan penjagaan kesihatan berkualiti dan bertauliah di luar AS.

Ia berurusan dengan 31 hospital di 14 negara, dan Ramsay Sime Darby Health Care adalah hospital pertamanya di Malaysia.

Boucher berkata, CHG turut mengadakan pakatan dengan hospital swasta di Singapura tetapi berikutan kos perubatan dan penjagaan kesihatan melambung dengan begitu tinggi kebelakangan ini, republik itu bukan lagi destinasi utama pelancong perubatan.

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More news about Ramsay Sime Darby Health Care
Quote:
Originally Posted by nazrey View Post
Ramsay Sime Darby eyes Asian expansion
By Roziana HamsawiPublished: 2013/09/18
http://www.btimes.com.my/Current_New...#ixzz2fF3QgJOS

FIVE-YEAR PLAN: Group may spend RM1.8b to double the number of hospitals to 12

RAMSAY Sime Darby Health Care (RSDHC) may spend as much as RM1.8 billion over a period of five years to add some muscle to its planned expansion drive.

RSDHC is a marriage between Sime Darby Healthcare Bhd, a unit of the country’s oldest conglomerate Sime Darby Bhd, and Ramsay Health Care Ltd, which runs Australia’s largest private hospital network.

Business Times understands that the planned capital outlay is for the purpose of opening as many as six hospitals in half a decade.

RSDHC is looking at Vietnam, China, Indonesia and Malaysia as some of the locations for its expansion plan, which will eventually double the number of hospitals under its flagship from six to 12.

“We are looking at the Asia-Pacific market.

The current six hospitals will be the driver for our expansion,” Sime Darby Bhd president and group chief executive officer Tan Sri Mohd Bakke Salleh told newsmen, here, yesterday after the official launch of the RM320 million ParkCity Medical Centre by Prime Minister Datuk Seri Najib Razak.

Five other hospitals under RSDHC are Subang Jaya Medical Centre (SJMC), Ara Damansara Medical Centre and three in Indonesia, namely RS Premier Jatinegara, RS Premier Bintaro and RS Premier Surabaya.

Bakke did not want to comment on the size of the war chest to expand RSDHC’s outreach.

“I cannot reveal the amount, but a new hospital could cost us between RM200 million and RM300 million.”

He said RSDHC is banking on the expansion plan to set the momentum for the company, adding that the six hospitals under RSDHC have a combined 1,500 beds.

Bakke said the healthcare business contributes one per cent to the group and he expects it to grow.

He added that the period for the operator to break even is about nine years, after which the returns will be good.

Bakke said in the last five years, SJMC had registered a profit of RM20 million to RM25 million a year.

On whether the group is cautious about expanding due to the recent outflow of funds from emerging Asian economies, RSDHC CEO Raja Azlan Shah Raja Azwa said the hospital business is a long-term one.

“The Asian growth story is still strong and our brand speaks of excellence in healthcare,” he said.

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Old October 26th, 2013, 01:37 PM   #114
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Sime Darby Health Care Ara Damansara Medical Centre
SELANGOR


http://thchiam-architect.weebly.com/...damansara.html

http://www.medicaltourismselangor.co...a-damansara-2/


http://www.ramsaysimedarby.asia/eng/...-ara-damansara


http://www.dwp.com/community.asp?pro...ProjectType=99


http://www.thestar.com.my/story.aspx...biz%2F12115873
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Old October 26th, 2013, 05:51 PM   #115
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I wondering how come KL as the capital of malaysia is far lagging behind Penang in terms of medical tourism, what a disgrace
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Old October 27th, 2013, 01:22 AM   #116
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Old October 27th, 2013, 01:27 AM   #117
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Old October 27th, 2013, 10:04 AM   #118
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Quote:
Originally Posted by zhaochuan View Post
I wondering how come KL as the capital of malaysia is far lagging behind Penang in terms of medical tourism, what a disgrace
Insubstantiated statement,you need to back up your statement with statistics not from your knee cap which is a disgrace.

KL and Klang Valley have enough high class hospitals and speacialist centres like IJN and the National Cancer Institute and large domestic market even without medical tourism branding to showcase its advanced medical industry.

For a state that contribute only 8 percent to national GDP, its a blessing that Penang can boast being a niche in the medical tourism industry.Dont be arrogant to belittle other states because your state carries a hollow title. KL and Klang Valley hospitals does not need medical tourists to reflect their unrivalled quality. Malaysia overall have a very good public and private healthcare, its something we can all be proud of regardless which states we hail from.

Last edited by SgWay; October 27th, 2013 at 10:10 AM.
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Old October 27th, 2013, 12:41 PM   #119
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“In 2011, facilities in Penang attracted around 49 per cent of total foreign medical revenues, while institutions in KL and the greater Klang Valley attracted 21 per cent of total spending and those in Melaka took in about 10 per cent,” it highlighted.
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Old October 27th, 2013, 12:43 PM   #120
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Zairil: Petronas rugi RM1.1b untuk Prince Court
WARTAWAN SINAR HARIAN
18 Oktober 2013

SHAH ALAM – Petronas rugi RM1.1 bilion dalam tempoh 10 tahun ini selepas mensubsidikan sebuah hospital swasta mewah, dakwa Timbalan Setiausaha Publisiti DAP, Zairil Khir Johari.

Zairil yang juga Ahli Parlimen Bukit Bendera turut mendakwa Petronas tidak diaudit oleh Ketua Audit Negara sedangkan ia merupakan salah satu syarikat berkaitan kerajaan (GLC) terbesar.

“Selain minyak dan gas, Petronas telah menceburi perniagaan dalam sektor hartanah serta penjagaan kesihatan melalui hospital mewah, Prince Court Medical Centre yang terletak di Kuala Lumpur.
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