• Tokio Marine Insurance: During their annual
insurance seminar for clients (mostly
Japanese companies), KPJ Hospitals were
invited to participate in their seminar,
“Personal Health, Well-being and Your
Insurance Coverage”. Held in three different
regions, namely KL, Johor and Penang, their
audience comprised of senior HR directors,
managers and employees.
• Worked together with PM Care, Tenaga
Nasional Berhad, Asia Assistance, Micare,
Maybank, AmBank and others companies via
series of health talks organised with the
respective hospitals for their clients’
employees.
OUR VENTURES OVERSEAS
KPJ’s Indonesian Hospitals segment, comprising
Rumah Sakit Medika Permata Hijau and Rumah
Sakit Bumi Serpong Damai, made laudable strides
forward in 2014, registering an improvement in
EBITDA, Gross Profit Margin (GPM) and Net Profit
Margin (NPM). In 2014, our Indonesian Hospitals’
average GPM improved from 36.1% to 41.3%,
aided by various transformational strategies.
The Indonesian Hospitals served more than 81,966
patients in 2014 as compared to 77,824 in 2013,
reflecting an increase of 5.3%. The number of
inpatients increased by 10.4%.
We are confident of continued growth of our
Indonesian operations in the coming years given
the expected increase in revenue and PBT as a
result of the ongoing transformation programme.
In Thailand, KPJ has a 23.4% stake in Vejthani
Hospital, Bangkok, which is well-known within the
region for its orthopaedic treatment and facilities.
Vejthani Hospital recorded a reduction in revenue
and profit of 3.7% and 8.8% respectively, in
tandem with fewer patients. The hospital
registered 286,453 outpatients and 8,477
inpatients, which were 4.0% and 8.1% less
respectively than the numbers in 2013. This was
partly due to the political impasse in the country
during the year, as most patients at Vejthani
Hospital are medical tourists from over 40
different countries. As the political situation
stabilises, however, we are confident of a
resurgence in performance in the coming year.
Meanwhile, the Group continues to acquire
knowledge from Vejthani Hospital and will
emulate its best practices to transform more KPJ
hospitals into health tourism hubs.
Following our agreement with the Sheikh Mujibur
Rahman Memorial Trust to lease and operate the
Sheikh Fazilatunnessa Mujib Memorial KPJ
Specialized Hospital & Nursing College in Dhaka,
Bangladesh, the hospital opened its outpatient
services on 14 April 2014 with an initial headcount
of 53 staff. Inpatient services followed on
18 October 2014, with 100 beds.
KPJ is also exploring the possibility of venturing
into consultancy and hospital management
expertise in other Asian countries, inclusive of the
Middle East market.
as compared to 77,824 in 2013
81,966
patients in 2014
The Indonesian Hospitals served more than
097
KPJ Healthcare Berhad annual report
2014
