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IHH Healthcare’s multi-strategy growth formula

The Edge Singapore
The Edge Singapore  • 19 min read
IHH Healthcare’s multi-strategy growth formula
IHH Healthcare group CEO Dr Prem Kumar Nair: We stretch from Amsterdam to Shanghai, and almost every country in between, except for Africa and the Middle East. We are the most risk-diversified healthcare group in the world / Photo: Albert Chua
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Modern healthcare is an increasingly complex business. Dr Prem Kumar Nair, group CEO of IHH Healthcare, combines several growth strategies to raise the region’s largest listed healthcare company to the next level

Dr Prem Kumar Nair, as a young doctor, was running a clinic inside Times House, the former newsroom for several key newspaper titles. In between doling out prescriptions and signing off on MCs, he would catch up with some of his patients on the news of the day. He chuckles at recalling how some of them would have strong views on certain issues, although these would not always be printed.

Today, as group CEO of IHH Healthcare, one of the largest healthcare groups around, he has to deal with regular tensions with other stakeholders in the healthcare ecosystem. These tensions are stoked by growth in both costs and demand for healthcare services. He believes that hospitals and insurers are not helping themselves if they start to accuse each other. All the finger-pointing would only get patients and consumers worried. “How we deal with it now is to first take it off the front pages,” says Nair, in a recent interview with The Edge Singapore.

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