Columbia Asia is a chain of hospitals in Asia, with 23 medical facilities across India, Malaysia, Vietnam and Indonesia. The company is based in Kuala Lumpur, Malaysia, and was founded in 1994.
The company offers full-service hospitals built in neighborhoods, rather than the central city. Columbia Asia's target market is the fast-growing middle income group.
Columbia Asia hospitals are smaller in size, which helps keep costs down. A typical hospital has about 65 adult beds, costing about $15 to $16 million to build. It sees about 8,000 patients a month, and brings in about $1 million in monthly revenue.
With streamlined administration and fewer beds, the hospitals have an average patient stay of two days.
Most of the company’s 2,600 employees are from the host countries. Columbia Asia hires its doctors and staff largely from the local areas.
The company is in the midst of expansion, especially in India. Columbia Asia has 14 hospitals under construction and owns the property for another 12. Upon completion the company will have 21 hospitals and an airport clinic in India, 11 hospitals in Malaysia, three hospitals in Vietnam and three hospitals in Indonesia, together representing an investment of over $600 million (U.S.).
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