TMC LIFE SCIENCES PLANS TO EXPAND REFERRAL CENTRES IN VIETNAM AND INDONESIA

PETALING JAYA, Nov 2 (Bernama) -- TMC Life Sciences Bhd (TMCLS) through its healthcare platform plans to expand its referral centres in Vietnam and Indonesia to further boost medical tourism in the country.

Executive director and group chief executive officer Nadiah Wan said the increasing number of Indonesian patients from Singapore coming into Malaysia due to lower healthcare costs is seen as an advantage for the group to broaden up its marketing wing.

“We are working with our fellow colleagues in our Thomson Medical Group in Singapore as well to tap into the Indonesian market as a group to represent ourselves, expand our referral network and set up offices there.

“We are also looking at how we can build the referral networks in Vietnam as well,” she told reporters after the company’s 21st annual general meeting here today.

Nadiah said the company has allocated RM13.8 million to increase the number of beds at its hospital division to 394 units by the next financial year from 200 units currently.

“We are going to have additional beds at Thomson Hospital and we are also implementing new hospital information system,” she said.

She said to combat shortages of nurses in their hospital division, more healthcare professionals are hired by the company through strategic partnerships with 13 public and private medical universities and colleges in the country under its Thomson Hospital Alliance Group (TAG).

The company is also looking at hiring foreign nurses to combat the issue pertaining labour force.

Meanwhile, chairman Datuk Seri Mohd Mokhtar Mohd Shariff said the healthcare company aspires to increase its number of foreign patients to 40 per cent from the current 30 per cent.

In its upcoming financial year, TMCLS aims to leverage growth in the fertility division within and outside Malaysia as it is committed to focus more on women’s and children’s healthcare.

The company that advances in cancer care through first in Asia Pacific Nuclear Medicine System and Comprehensive Oncology Facility as well as the first in the country to be accredited by the Australian Council on Healthcare Standards (ACHS) International plans to expand its hospital division in Johor in the future.

The company’s business includes Thomson Hospital Kota Damansara, TMC Fertility, TMC Care Pharmacy and Thomson Chinese Medicine.

For the financial year ended June 30, 2023, TMCLS’s revenue rose 28 per cent to RM311.4 million from RM243.8 in the previous financial year.

-- BERNAMA