Annual Report 2003 - Parkway Pantai

BUSINESS REVIEWOur International Hospitals extend the unique Parkway brand across Asia.HEALTHCARE SERVICESParkway Laboratory ServicesParkway Laboratory Services (PLS), a wholly-ownedsubsidiary of Parkway Holdings Limited, set up aclinical laboratory automation system in November2003, in collaboration with German healthcare giantBayer Diagnostics.The first of its kind in Asia outside Japan, this new26,000 sq ft facility at Ayer Rajah Industrial Parkpositions PLS favourably to capture the potential ofthe vast regional market. Its capacity can potentiallybe scaled up to 10 million tests per year, comparedwith three million in 2002.The system speeds up result-reporting and increasesefficiency in patient data management, allowing forseamless integrated patient information system. Itsunique sample handling process treats each sampleindividually - precisely recognising where a sampleshould go, then routing it for optimal efficiency.PLS also became the first in Asia to develop andlaunch a revolutionary prenatal screening test forgenetic abnormalities.The DNA-based quantitative fluorescent-polymerasechain reaction method (QF-PCR) cuts reporting timefrom two weeks to a day and provides 99.9%accuracy, compared to the labour-intensive cultureanalysis.INTERNATIONAL HOSPITALSGleneagles Jerudong Park Medical Centre,Brunei DarussalamThe Gleneagles Jerudong Park Medical Centre,a 75:25 joint venture between Parkway andJerudong Park Medical Centre, became a fullfledgednational cardiovascular centre in 2003.Gleneagles JPMC became fully operational forinvasive and specialised cardiac andcardiothoracic procedures and became the firstmedical centre in Brunei Darussalam to performopen heart surgery.Apollo Gleneagles Hospital,KolkataParkway officially opened Apollo GleneaglesHospital, Kolkata, in November 2003. The 51:49joint venture with the Apollo Hospitals Group notonly symbolises the strategic partnership betweentwo healthcare leaders, it also marks Parkway’sfirst expansion into India.Epitomising Parkway’s and Apollo’s model ofproviding quality healthcare facilities, the 325-bedApollo Gleneagles will play a pivotal role inmeeting medical needs of the region and willshowcase telemedicine.Apollo Gleneagles has the potential to developinto the healthcare hub of the eastern region,covering the North Eastern states of India,Bangladesh, Nepal, Bhutan and Myanmar.22 Parkway Holdings Limited Annual Report 2003