Pandemic clouds private hospital outlook

An IHH Healthcare Bhd spokesperson confirms the phenomenon, noting that some of its patients have had to or chosen to defer elective medical procedures and services.

THE healthcare sector, which was at the beginning of the Covid-19 outbreak touted as a safe haven for investors, could now see its near-term outlook being clouded by newer developments as the pandemic prolongs.

These hospitals’ outlook is hampered by the postponement of elective medical procedures and the drop in medical tourists.