With medical costs under the microscope, IHH Healthcare group CEO continues to eye expansion
The healthcare operator – which has a presence in 10 countries including Singapore, Malaysia, India, Turkey and China – has grown steadily over the years by acquiring new hospitals
[SINGAPORE] As IHH Healthcare looks to streamline its operations and expand in its current markets, it is also keeping its eyes peeled for opportunities to grow in new countries, said group chief executive Dr Prem Kumar Nair.
When Dr Nair took over the role of group CEO in 2023, he aimed to transform the company to become leaner so that it can continue to grow.
“This is a group that has grown by M&A (mergers and acquisitions) – every time we buy something or we expand, we try to synergise as much as possible… but what happens is, over a period of time, the red tape and bureaucracy build up,” he said.
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