PETALING JAYA: KPJ Healthcare Bhd, the largest listed private hospital group in Malaysia by bed count, is feeling the impact of the Covid-19 outbreak.
According to Public Invest Research, the group is experiencing a much lower occupancy rate of 25% in its hospitals during the movement control order (MCO) period, as opposed to its normal level of 60%-65% as at mid-February.
“With the rising number of confirmed Covid-19 cases and the MCO in place, KPJ has scaled down its operations in an attempt to minimise the possibility of cross-infections.
“The group has cut down its inpatient services, delaying elective procedures, and is focusing only on the life-threatening cases, ” the research house said.
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