KUALA LUMPUR: Medical tourism will continue to spur the growth in private hospital names such as KPJ Healthcare Bhd and IHH Healthcare Bhd.
KPJ has been proactively attending various health tourism (HT) expos overseas this year as it intends to boost its HT segment contribution to 40% of the group revenue by 2028.
RHB Research said KPJ is a top pick as it will be buoyed by the improvement in operating efficiency from its hospitals and the pick-up in its medical tourism segment.
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