IHH Healthcare - Maybank Research 2025-01-15: Visible Value Creation From Northern Hospitals

• We visited IHH Healthcare's Island Hospital, Gleneagles Penang and Pantai Hospital Penang.
• Island Hospital was the trip’s highlight, boasting an impressive oncology unit with the latest TruBeam machine and a bustling international crowd. Island Hospital’s success in medical tourism lies in its quality, efficiency and brand-legacy, in our view.

Island Hospital – a market leader in medical tourism

• - Read this at SGinvestors.io -
• We understand that Island Hospital’s strategy includes health screening packages (~50% conversion rate), accommodation packages, close relationship with corporate partners (insurers), and a seamless patient experience.

Leveraging on cross-referral synergies

• - Read this at SGinvestors.io -
• Island Hospital is one of the very few hospitals in Penang with an enhanced cancer detection (via PET scan machine) and treatment unit. The latest external beam radiation therapy machine (TruBeam) for cancer treatment is able to serve 20-30 patients per day (previously 18-20 patients per day). This optimises patient retention via cross-referrals from Gleneagles Penang and Pantai Hospital Penang.

Further expansion plans underway

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-05-30 IHH Healthcare - Quarter Done Right.

Previous report by Maybank:
2025-03-28 IHH Healthcare - Türkiye Under Fire?.

Price targets by other brokers at IHH Healthcare Target Prices.

Listing of research reports at IHH Healthcare Analyst Reports.

Relevant links:
IHH Healthcare Share Price History,
IHH Healthcare Announcements,
IHH Healthcare Dividend Payout Dates & Corporate Actions,
IHH Healthcare News