Malaysia shortlists nine hospitals to boost medical tourism

More health care players sought to help spur competition and lower costs

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Malaysia's IHH Healthcare, which operates the Mount Elizabeth Novena Hospital, has been shortlisted for a government program to boost medical tourism.

KUALA LUMPUR (Nikkei Markets) -- Malaysia has shortlisted nine health care facilities under its so-called medical tourism hospital program in a bid to draw more foreigners to the country's highly-lucrative health care services.

Ramsay Sime Darby Subang Jaya Medical Center, operated by a joint venture of Malaysian conglomerate Sime Darby and Australia-based Ramsay Health Care, and IHH Healthcare's Gleneagles Penang are among the nine shortlisted hospitals, Finance Minister Lim Guan Eng said at an industry conference on Tuesday.

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