IHH to meet rising demand with 4,000 new beds

PETALING JAYA: IHH Healthcare Bhd plans to add over 4,000 new beds while maintaining a tight rein on costs while leveraging operational synergies to mitigate inflationary and staff-cost pressures.

The need to add new beds in its hospitals is driven by strong underlying demand, and the healthcare group aims to add 33% or close to 4,000 new beds over the next five years, said TA Research in a report.