Tuesday, 6 June 2023

Rehabilitation Hospitals in Malaysia: A New Avenue in Healthcare?

In 2018, Khazanah Nasional Bhd launched Malaysia’s first 96-bedded rehab hospital in the heart of Petaling Jaya, Selangor, called the Regen Rehabilitation Hospital. The hospital is owned by Khazanah (60%) and New York Stock Exchange-listed Select Medical Holdings Corp (40%) with an initial investment of RM100mil.

It provides crucial tertiary treatment not presently covered in acute care hospitals for patients such as those who are bedridden or who have had a stroke to enable them to regain their mobility. Among the rehab programmes offered by the hospital is neuro rehabilitation, where patients with conditions such as brain injury and trauma, spinal cord injury, Parkinson's disease and motor neuron disease are treated. This programme also offers post-coma rehab as well as cognitive and behavioural therapy, robotic and virtual reality therapy, and non-invasive brain stimulation and balance training services.

Source: Daehan

Regen Rehab expects to record positive earnings before interest, taxes, depreciation and amortisation in two years and to break even in 4½ to 5 years. Daehan Rehabilitation Hospital Putrajaya is the first hospital in Southeast Asia to provide intensive integrated Korean rehabilitative care.

Beyond hospitals are healthcare centres for those who are not able to afford them. These centres are supported by a social security organisation with facilities comparable to hospitals. Access to rehabilitation cannot be for the T20 or the foreign tourists only but to low income workers who have been impacted by industrial/work accidents. Hopefully we will have more such centres in the future.


References:

First rehabilitation hospital in Malaysia, PharmLinked/The Star -21/9/2018

Opening ceremony, www.daehanrehab.com

Advancing Malaysia’s medical rehabilitation care, Bernama / Sinar Daily, 11 Oct 2022






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