0 Ramsay Sime Darby Health Care Joint Venture
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Ramsay Sime Darby Health Care Joint Venture
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Sime Darby Healthcare (“SDH”)
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Revenue CAGR of 10.8% (FY2008 to FY2012)
Centre of Excellence for specialized healthcare services
Highly experienced and strong management team
Focus on prudent growth strategy for sustainable future
More than 14,800 patients have undergone
chemotherapy and radiation therapy at the
Sime Darby Cancer Center in FY2012
Total bed capacity of 913 beds
Total outpatient volume of 2.97 million
as at Feb’13 since FY08
Sime Darby Healthcare 27 years of proven track record in providing world-class healthcare services
1985
1994
1995
2002
2007
2012
Subang Jaya Medical Centre One of the 1st private hospital in Malaysia
Malaysia’s largest private Hospital with the completion of North Tower >350 bed
Cancer Centre 1st comprehensive private cancer centre in M’sia
Nursing College One of national’s pioneer in nursing education
Rebranding of Sime Darby Healthcare
SDMC AD launched
2013
SDMC Parkcity launched
Business presence
Sime Darby Healthcare is one of Malaysia’s leading private
healthcare providers
The only leading private hospital in Malaysia to have won the
Prime Minister’s Quality Award for the private sector twice
Key Division Highlights
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Sime Darby Healthcare Excellence in Healthcare
Sime Darby Medical Centre Ara Damansara
Sime Darby Medical Centre Parkcity
Description
• 300-bed hospital
• Located in Desa ParkCity
Centre of Excellence
• Women & Children’s Health
• Elderly Health
Description
• 220-bed hospital
• Located in Ara Damansara
Centre of Excellence
• Brain
• Heart
• Spine & Joint
Sime Darby Medical Centre Subang Jaya
Description
• 393-bed hospital
• Located in Subang Jaya
Centre of Excellence
• Cancer
• Blood Diseases
• Digestive & Liver Health
• Urology
Leading private healthcare provider in Malaysia
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Ramsay Health Care (“RHC”)
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Ramsay Health Care Amongst the top 10 largest private hospital operators in the world
Established and incorporated
in Sydney, Australia in 1964
In the private healthcare
industry for over 49 years with
a market capitalisation of
RM17.5bn as at 8 January 2013
Largest private hospital
operator in Australia with 30%
market share in the private
healthcare sector
Business operations in Australia,
United Kingdom, France and
Indonesia
Operates 116 hospitals
and day surgery facilities
across 3 continents that
treats over 1 million
patients per annum and
employs over 30,000 staff
globally
• 4th largest acute medical/surgical hospital operator in
UK (as at Feb’13)
• 10% market share of UK’s private hospital sector
• 38 hospitals
• 400 employees
• 2nd largest
hospital group
in Greater
Paris region
• 9 hospitals
with 1,230
beds and day
places
• Largest private hospital operator
• 66 hospitals
• Admit 850k patients annually
• Conduct 450k procedures annually
• 3 hospitals
• Total 648 beds
• 1,900
employees
AUSTRALIA
FRANCE
INDONESIA
UNITED KINGDOM
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PT Affinity (“PTA”) Hospitals in Indonesia Strategically located at highly affluent residential areas
JCI Accredited private healthcare provider in Indonesia
Rumah Sakit
Premier Surabaya
Description
• 168-bed JCI accredited hospital
• Located in Surabaya
Centre of Excellence
• Cardiac
• Cerebral
• Vascular
• Joint Replacements
Rumah Sakit
Premier Jatinegara
Description
• 280-bed JCI accredited hospital
• Located in Jakarta
Centre of Excellence
• Colorectal
• Acupuncture
• Stroke Unit
• Chemotherapy
• Urology
Rumah Sakit
Premier Bintaro
Description
• 200-bed JCI accredited hospital
• Located in Tangerang, Greater Jakarta
Centre of Excellence
• Spine Centre
• Documentation Based Care (DBC)
• Auditory Brainstem Response & Otoacaustic Emission
• Sports Clinic
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The Joint Venture (“JV”)
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Sime Darby and Ramsay Health Care form 50:50 JV Most viable growth strategy to expand in Asia through strategic partnership
JV STRUCTURE
Malaysia Assets
+
50%
50%
Indonesia Assets
SDMC Subang
Jaya
SDMC Ara
Damansara
SDMC
Parkcity RS Premier
Bintaro
RS Premier
Jatinegara
RS Premier
Surabaya
SD Nursing
& Health
Sciences College
SD
Mediplex
STRATEGIC RATIONALE
Allow SDHB to penetrate & capture the
rapidly growing opportunities in Asia which is
in line with the Group’s 5-Year Strategic
Blueprint (FY2011 to FY2016)
Leverage on RHC’s strong management
team and operational expertise through
its 49 years of experience in the
healthcare industry
Opportunities for value creation via key
synergies such as procurement, medical
tourism and productivity benchmarking
Tap into RHC’s competency in executing
successful mergers and acquisitions
domestically and globally; recorded a
market capitalisation CAGR of 29.4%
(FY1998 – FY2012)
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Key Synergies Strong opportunities for Value Creation
GLOBAL CENTRALISED
PROCUREMENT
Procurement savings arising from participation in
RHC’s Group Procurement Programme
CAPTURING
PRODUCTIVITY
BENCHMARKING
Identify savings opportunities and enhance
hospital efficiency in the JVCo by benchmarking
with Ramsay’s network of hospitals
CAPITALISING ON
MEDICAL TOURISM
OPPORTUNITIES
Cross-border referrals
ENHANCING CLINICAL
EXPERIENCE & QUALITY
Access Ramsay’s network of management and
medical personnel to enhance operational
efficiency and clinical outcome
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Business Focus Broad business plans with strong primary focus on its hospital operations
Hospital
Operations
• Expand the capacity of existing hospitals in
Msia & Indo
• Acquisitions of existing hospitals in Asia
• Greenfield developments in strategic markets
Ambulatory
Care Operations
• Acquisitions of existing operations in Asia
• Greenfield developments in strategic markets
Laboratory &
Diagnostic
Operations
• Act as referral centres for high-end testing
services
• Secure a wide & stable referral base for the
Hospital operations
Medical
Education
• Expand the enrollment of nursing & allied
health professionals
• Tailor HES curriculum to facilitate the
recognition of the students’ qualifications
Medical
Education
PRIMARY BUSINESS SEGMENTS
Aged
Care
Complementary
Medicine
SECONDARY BUSINESS SEGMENTS
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Geographical Focus Aspires to become the pre-eminent healthcare provider in Asia
GEOGRAPHICAL COVERAGE IN ASIA THROUGH
ACQUISITIONS & GREENFIELD DEVELOPMENTS
China
(Population: 1.3bn)
• Favorable demographics
i.e. aging population,
increased expectation for
high quality health care
• Lack of hospital
management expertise
• Healthcare Expenditure of
$1446 billion, equivalent
to CAGR of 15.5%
Primary Target Secondary Target Opportunistic Basis
Indonesia
(Population: 248m)
• Favorable demographics
i.e. growing middle-class,
aging population,
increased expectation for
high quality health care
• Healthcare Expenditure of
$48 billion, equivalent to
CAGR of 8.1%
Malaysia
(Population: 29m)
• Growing middle-class with
increased private health
insurance coverage
• Stable operation
environment with
regulations
• Value-for-money medical
tourist destination
• Healthcare Expenditure of
$25 billion, equivalent to
CAGR of 8.4%
China
Indonesia
Malaysia
Vietnam
(Population: 91m)
• Lack of hospital management
expertise
• Underserved growing middle-
class group
• Healthcare Expenditure of
$31billion, equivalent to CAGR
of 14.8%
Myammar
(Population: 55m)
• Significant shortage of good hospital services
Vietnam
Myammar
• Note: Healthcare Expenditure is for the period of 2010 – 2020
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Thank You