11-29-2024, 08:36 AM
Cutting cost of private healthcare can drive investors away, says group
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PETALING JAYA: Reducing the cost of private healthcare services is no simple task, the Association of Private Hospitals Malaysia (APHM) said, citing the complicated relationship between profit and attracting investors.
The association’s president Dr Kuljit Singh said private hospitals in Malaysia have profit margins of between 7% and 11% after tax.
Such margins are comparatively lower than many other healthcare sectors, he said.
“Narrowing these margins further by reducing the cost of services is deemed unsustainable, potentially deterring investment in private healthcare,” he told FMT.
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The association’s president Dr Kuljit Singh said private hospitals in Malaysia have profit margins of between 7% and 11% after tax.
Such margins are comparatively lower than many other healthcare sectors, he said.
“Narrowing these margins further by reducing the cost of services is deemed unsustainable, potentially deterring investment in private healthcare,” he told FMT.
- More -