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Show Notes
Private healthcare has come a long way. The government in partnership with the private sector has managed to reduce the ratio of doctors to patients in Malaysia from 1:800 in the past to 1:600 now. However, it is still undeniable that healthcare needs are still crucial in Malaysia despite these improvements. We explore how the Association of Private Hospitals of Malaysia maintains standards and reconciles profits with the healthcare social objective. In particular, how do phenomena such as technology, insurance, low-cost and GST influence the direction of profits and pricing for private hospitals?
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