Within Healthcare Sector Profits, Management Challenges Abound
September 5, 201225m 31s
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Show Notes
Sunway Medical Centre CEO Lau Beng Long discusses: - Profit turnaround; - Drivers to the Malaysian healthcare sector; - Whether size and scale matter - IHH - Apollo - etc - versus Sunway: sole hospital; - Reports of poor quality of medical graduates - issues; - Doctors as freelancers: whether this is problematic; - Costs - salaries - rising wage inflation - extent affecting P&L; - Management of doctor egos - not a doctor; - Healthcare industry reform - rising healthcare costs - burgeoning out-of-pocket (OOP) private health payments; - EBITDA margins - comparison with other local and regional hospitals; - Tucked away in the division named ‘strategic investments’ among a gamut of other businesses (leisure, quarrying, building materials, trading and manufacturing - whether invisible; - Whether with the massive potential in healthcare there are concerted plans to spin out, build into a bigger player.
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