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Update KPJ aims to maintain 10% revenue growth in 2014
by Cals Mon 21 Apr 2014, 20:00
| Update KPJ aims to maintain 10% revenue growth in 2014 |
| Business & Markets 2014 |
| Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com |
| Monday, 21 April 2014 16:59 |
KUALA LUMPUR (Apr 21): KPJ Healthcare Bhd's managing director Tuan Haji Amiruddin Abdul Satar said the group expects to maintain a steady revenue growth of 10% this year.
"We always grow 10% year-on-year and are planning to maintain that," he told reporters today at a high-tea event organised by the company.
On the the implementation of the government service tax (GST) from April 2015, the group was unsure on the effect of the tax as it would not be directly applicable to services provided by the hospitals.
However, the GST will be applicable to medical supplies and products.
"We will pass on the input tax from the supplies we purchase, so there will be some impact on the hospital bills of patients when GST is implemented next year," said Amiruddin.
The group had also introduced a new cloud infrastructure, developed by IBM, to be implemented in its hospitals.
The company said it stands to save 30% to 40% of hardware costs with the new cloud system.
Currently, three of KPJ's hospitals have implemented the system, namely KPJ Pasir Gudang, KPJ Sabah and KPJ Rawang.
According to Paul Moung, managing director of IBM Malaysia, KPJ Pasir Gudang is the first hospital in South East Asia to employ cloud-based technology.
The group plans to fit the system into a total of 13 hospitals by the end of this year.
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