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Posts tagged ‘MHTC’

Malaysia Healthcare Travel Council anchors itself in Hong Kong

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Hong Kong (HKSAR) – The Malaysia Healthcare Travel Council (MHTC) regional office in Hong Kong opened recently, bringing to three the number of Asian offices of the Malaysian Government-funded body.

The Chief Executive Officer of the MHTC, Dr Mary Wong, said that Hong Kong was chosen as a regional office location not just because of its close proximity and ties to the Mainland but also because of its central location in the region and its status as a financial centre.

“We can do a lot from Hong Kong, like in terms of networking with Mainland hospitals for referral of patients and promoting our presence to both industry and patient groups,” Dr Wong said.

The number of visitors travelling from China (including Hong Kong) to Malaysia for medical treatment has doubled from 7 500 in 2010 to over 15 000 in 2012. Dr Wong sees the MHTC Hong Kong office as key to lifting this number to over 50 000 in three to five years.

She said that Malaysia is particularly favoured for treatments related to cardiology, oncology, orthopaedics, in vitro fertilisation, electron beam tomography and other treatments, and added that 11 new hospitals are being built in the country, making it a reliable choice for overseas patients seeking quality healthcare.

The MHTC office is located within the Malaysia Building in Wan Chai, providing a convenient resource and one-stop service centre for the industry and patients who want to know more about medical travel to the country.

The Director-General of Investment Promotion, Mr Simon Galpin, congratulated the MHTC on its opening in Hong Kong.

He said, “Hong Kong and Malaysia are both leading medical centres in the region. Given the close relationship of the medical professions in Hong Kong and the Mainland, by setting up here the MHTC is in a good position to extend its reach into China from our city.”

About the MHTC

The MHTC was established under the Ministry of Health Malaysia in 2009 upon the approval of the Malaysian Cabinet. It is the primary agency to develop and promote the healthcare travel industry and to position Malaysia as the healthcare destination of choice in the region.

The MHTC also has a presence in Jakarta, Indonesia, and Dhaka, Bangladesh. For more information, please click http://www.mhtc.org.my .

About Invest Hong Kong

Invest Hong Kong is the department of the Hong Kong Special Administrative Region Government established in July 2000 to take responsibility for Foreign Direct Investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong’s vibrant economy.

As at June 2013, Invest Hong Kong has completed over 2 900 investment projects creating over 33 000 new jobs in the first year of operation or expansion and HK$76 billion of investment.

via Malaysia Healthcare Travel Council anchors itself in Hong Kong.

Source: HKSAR Government

MHTC eyes RM630mil revenue for medical tourism

KUALA LUMPUR: The Malaysia Healthcare Travel Council (MHTC) expects the medical tourism industry to record RM630mil revenue this year, up from RM584 million last year.

“The number of foreign patients has increased year by year, and last year we had 671,000 patients, an increase from the 583,000 patients recorded in 2011.

“We believe this year, the medical tourism industry will continue to grow and we expect some 700,000 foreign patients will get their treatment here,” Chief Executive Officer Dr Mary Wong Lai Lin told a press conference here today.

Foreign patients continue to choose Malaysia for medical treatment as the country’s medical tourism industry is regulated by the government and the hospitals are well-equipped with the latest technology and facilities, she added.

Dr Wong said among the foreign patients that come to Malaysia for treatment were from Indonesia, India, Japan, China, UK, US, Australia, Bangladesh, Libya and Nepal.

MHTC, established under the Health Ministry, was set up as the primary agency to develop and promote the healthcare travel industry and to position Malaysia as the healthcare destination of choice in the region.

The agency strengthens public-private sector collaboration to formulate strategic plans for the development, promotion and coordination of healthcare travel services for Malaysian healthcare providers and related stakeholders.- Bernama

via MHTC eyes RM630mil revenue for medical tourism.

More foreigners seeking treatment in Malaysia

PUTRAJAYA: The cosmetic surgery sector in Malaysia is booming with the increase of healthcare travellers coming to the country.

It is among the most sought-after medical specialisation by foreign patients along with the orthopaedics and cardiology sectors, said Health Minister Datuk Seri Liow Tiong Lai.

He said international patients had expressed confidence in the quality of healthcare service in Malaysia, which was provided at reasonable cost.

“They (foreign patients) are now coming to Malaysia for cosmetic surgery. Most of our surgeons are highly qualified and trained overseas. We get patients (from as far as) even Britain,” Liow said at his ministry here yesterday.

He was speaking to reporters with Malay­sia Healthcare Travel Council (MHTC) co-chairman Tan Sri Nor Mohamed Yakcop after handing out certificates to 14 healthcare facilities for their registration with the council.

The council was set up under the ministry in 2009 to be the primary agency in promoting the local healthcare travel industry.

A total of 583,296 healthcare travellers contributed receipts worth RM511.2mil to the local health industry last year.

The industry’s income had surged by 34.9% compared with its previous year when its annual income was recorded at RM378.9mil.

Indonesians topped the list of foreign patients seeking treatment here last year with 335,150 visitors contributing some RM325.3mil.

Other top spending healthcare travellers were from India (RM13.4mil), Australia (RM12.5mil) and Japan (RM11.1mil).

“We now have 63 facilities registered with the council and as members, they will all enjoy an investment tax allowance until 2014 for the purpose of their capital expansion,” said Liow.

Read More : The Star

MHTC: Malaysia needs more private hospitals

MALAYSIA, particularly Sabah needs more private hospitals, Malaysia Healthcare Travel Council (MHTC) chief said.

Malaysia’s 2020 target is to hit RM9.6 billion in revenue from 1.9 million foreign patients.

“To promote medical tourism in Malaysia, we need the extra capacity to absorb the foreign patients coming in.

“In Johor and Klang Valley, the bed occupancy rate (BOR) is at 70 per cent.

“Once hospitals reach 80 per cent of 90 per cent BOR, it will be the maximum as we will need beds for emergency cases,” MHTC chief executive officer Dr Mary Wong Lai Lin told Business Times in an interview.

MHTC, established under the Ministry of Health (MOH), is the primary agency to develop and promote health tourism.

The Performance Management and Delivery Unit (Pemandu) has projected that by 2020, the hospital bed requirement to meet both domestic demand and serve foreign patients will be between 5,000 and 6,000. Of this, 1,900 beds are for foreign patients.

Some patients travel abroad to receive treatment not available in their country, while others come to Malaysia for quality care at a reasonable price.

Very often, patients who come here prefer to seek treatment at destinations with strong tourist factor too so that the patient’s family can also incorporate a holiday.

Penang is a good example of how a tourist destination also fares well in medical tourism. The bulk or 49 per cent of the revenue derived from medical tourism is from the island state, while Malacca takes a tenth of the revenue.

“As Johor is developing into a destination that will lure tourists, following the opening of the Johor Premium Outlet and Legoland, it is a move in the right direction, that we can see at least five hospitals with a total capacity of 1,140 beds planned for opening in the state,” she said.

On which destination needs more private hospital to attract foreign patients? Wong said: “Sabah needs hospitals. It is already a good tourist destination.”

Previous reports indicated that Gleneagles has a goal of operating 2,000 beds by 2020 from 380 beds at its two hospitals in Kuala Lumpur and Penang. KPJ Healthcare Bhd, meanwhile, has a goal of adding 822 more beds by 2020.

Currently, there are 49 facilities registered with MHTC.

Medical centre registered with MHTC can get investment tax allowance of 100 per cent on the qualifying capital expenditure incurred within a period of five years from 2010. Private hospitals can also get double tax deduction for expenses in obtaining accreditation.

Meanwhile, MHTC’s promotions, which have been fully funded by the government, is about to change following the corporatisation of MHTC.

MHTC will have to look for other sources of revenue including the possibility of contributions from hospitals to promote and market Malaysia abroad.

Read more: BusinessTimes

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