STUART JV Pack, chief executive officer of Petroliam Nasional Bhd -wholly-owned Prince Court Medical Centre says the operating margin at the loss-making hospital is steadily improving. He dismisses reports that the private healthcare facility lost over RM200mil in 2009 as “a number taken out of context with no explanation.”
Unfortunately, as chief of the hospital and managing director of Vamed Healthcare Services Sdn Bhd - a unit of Austria's Vamed Group which holds the managemement contract for Prince Court - he does not substantiate that with numbers.
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