Long-term prospects still bright for private hospitals

Kenanga Research is optimistic about the healthcare sector’s long-term growth prospects.

PETALING JAYA: Kenanga Research is positive on the longer-term outlook of the healthcare sector, underpinned by the country’s ageing population and rising affluence.

The research house said pending further developments in the use of the diagnosis-related group (DRG) payment system in Malaysia, it continues to remain positive on the sector.