Al-`Aqar Healthcare REIT Annual Report 2020

Strategic Performance 49 COVID-19 has accelerated the adoption of digital health globally and it has been the catalyst for change in Malaysia as well. In the Covid scenario, chronic disease patients have been avoiding going to primary clinics or hospitals that has had an impact on the consultations, e-prescriptions and delivery of medicines. This has an impact on patient health that may lead to complications requiring hospitalisation. Adoption of digital platforms such as telemedicine and digitally transforming the supply chain through e-prescription and e-pharmacy will make the supply chain efficient and also ensure that patients receive the drugs without physical visits to the healthcare service centres. Though digital health/digital technology cannot be a solution to all the issues it can definitely be a means to bridge the private and public healthcare system, can help build capacity for prevention, early diagnosis and treatment and to ensure care is decentralised providing healthcare access to all. Malaysia health tourism market. Malaysia is ranked among the top international medical tourism destination in terms of volume of in-bound travellers for three consecutive years. Malaysia attracted around 1.3 million medical tourists in 2019. In line with the government’s efforts to promote an economic rebound, RM35 million has been allocation towards the Malaysian Healthcare Travel Council as well as an extension of tax exemption on private healthcare services export. Malaysia’s healthcare tourism is projected to contribute up to RM10 billion to the country’s recovering economy and will be able to boost revenues of private healthcare providers. Malaysia senior living & aged care market. According to the 2019 International Living Annual Global Retirement Index, Malaysia’s healthcare services are ranked first with a score of 95 out of 100. Its success in the healthcare category is attributed to advanced infrastructure, affordable services and globally accredited institutions. (Extracted from Malaysia Budget 2021 Speech & LaingBuisson Healthcare Markets International January 2021 Features Report) Half the Malaysian adult population were overweight or obese E-prescription and e-pharmacy will make the supply chain efficient and also ensure that patients receive the drugs without physical visits Malaysia is ranked among the top international medical tourism destination medical tourists in 2019 RM1.3 million Market Report Summary