KUALA LUMPUR — Over the past decade, Malaysia's IHH Healthcare has built a hospital network across Asia through acquisitions, becoming one of the region's largest private hospital groups with more than 80 hospitals in 10 countries, including India and Singapore.
In its latest acquisition, announced earlier this month, the company has shown its ambition to attract more foreign patients to its home country of Malaysia by spending more than $900 million on a major hospital in the country's medical tourism hotspot as competition intensifies.