business

KPJ Healthcare's aims to sustains growth for FY22, driven by digital transformation

KUALA LUMPUR: KPJ Healthcare Bhd has affirmed its commitment to sustain the upward trend in earnings for its financial year (FY)2022, driven by optimising its business operations and investments, digital transformation and technology solutions that provide value for patients, shareholders and stakeholders.

President and managing director Datuk Mohd Shukrie Mohd Salleh said that aside from optimising the internal processes and care delivery, the largest private healthcare provider will also look into current businesses and investment portfolios domestically and internationally.

"Additionally, it is crucial to identify new business opportunities for growth and strengthen trust between our shareholders and stakeholders alike," he said in his message to all employees during his 30-day at the helm.

The Covid-19 pandemic accelerated the convergence of several trends in the healthcare industry, particularly among consumers prioritising convenience and access to care.

Leading healthcare providers view digital transformation as a way to become more consumer-friendly while simultaneously changing their operations, culture and use of technology.

"It is crucial for us to execute our digital transformation roadmap and upgrade the hospital information system to deliver a remarkable experience for our patients while increasing patient safety and efficiency.

"The impact of the pandemic on our business in the region for the last two years have been carefully studied, serving us with more knowledge and clear datasets to remain agile and responsive.

"In this new operating environment, we will reposition our business and grow sustainably to achieve our value creation promise through clear and differentiated healthcare solutions offered to the market," Shukrie said.

The company is currently undertaking a strategic review of its business units and corporate structure as part of its proactive measures to drive synergistic cost savings and efficiency gains.

Efforts in this area include reviewing its performance data to optimise cost and resource base, operational excellence and continuous improvement initiatives, which will enable KPJ Healthcare to invest in growth opportunities and deliver sustainable returns.

Shukrie said KPJ Healthcare would determine success in the post-Covid-19 economy from a broad market perspective by addressing the current digital divide and embracing technology and digital initiatives to achieve better operational efficiency.

"We will focus on digital healthcare to provide the market with convenient access to better healthcare and venture into providing new services and innovation such as precision medicine and wellness," Shukrie said.

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