KPJ targets RM2b turnover by 2012

KPJ targets RM2b turnover by 2012
Written by Bernama
Monday, 23 November 2009 23:23

BUKIT MERTAJAM: Malaysia's largest private hospital group KPJ HEALTHCARE BHD [] aims to achieve an annual turnover of RM2 billion by 2012.

Chairman Tan Sri Muhammad Ali Hashim said the group was confident of achieving the target through its existing specialist hospital network and the services provided by several support companies in the group as well as the opening of new hospitals, takeover of other private hospitals and acquisition of sophisticated equipment.

KPJ Healthcare runs 19 hospitals nationwide, including the one officiated by Penang Yang di-Pertua Negeri Tun Abdul Rahman Abbas in Bandar Perda here today.

It also has three hospitals overseas, namely in Indonesia, Bangladesh and Saudi Arabia.

Speaking to reporters before the opening ceremony, Ali said: "In 2007, KPJ Healthcare recorded a revenue of RM1.1 billion and now, it has reached RM1.4 billion. According to the plan, we are sure the RM2 billion target by 2012 can be achieved."

Penang's position as a medical tourism destination would also allow the hospital to provide services to foreigners who came to the state for medical purposes, he said.

"We have invested about RM80 million for phase one of the new hospital, including the latest medical equipment like magnetic resonance imaging, computer tomography scanner and catheterisation laboratory, and we plan to develop phase two in stages later," Ali said.

He said that under phase one, the hospital, which began operations in August with 100 beds, would have the number of beds increased to 236 based on need.

He said that before this, KPJ Healthcare had taken over a specialist hospital in Bukit Mertajam and following the opening of KPJ Penang, the old hospital building would be turned into a nursing college. — Bernama

http://www.theedgemalaysia.com/business-news/154289-kpj-targets-rm2b-turnover-by-2012.html