JCorp’s Subsidiary to Spend MYR 20 Billion on Digital Healthcare Solution

Oct 2019

NewWave Health Sdn Bhd (NHSB), a joint venture company between state-owned Johor Corporation’s (JCorp) subsidiary, N2W Corporation Sdn Bhd (NCSB) and UK-based Smartmed Global Ltd (SGL) will spend MYR 20 million (USD 4.7 million) under its digital healthcare business over the next three years to expand the reach of a healthcare mobile application known as LifeMed.

LifeMed is an all-in-one digital app aims to better connect patients with Medical solutions by assisting healthcare providers to monitor and engage their patients in real-time as well as for patients to manage their own health conditions. LifeMed has three key components: Bluetooth for connecting portable Medical devices that measure blood pressure and blood glucose; LifeMed App, the mobile application that records and capture readings; and the LifeMed Cloud portal and analytics facility. The app is supported by a 24-hour one-stop call center.

During the first two years, LifeMed would be introduced in 26 hospitals nationwide under JCorp’s healthcare arm, KPJ Healthcare Bhd, Malaysia’s leading provider of private healthcare services. NCSB is also considering to leverage the KPJ network overseas, by adopting the technology in several countries which KPJ has presence in including Indonesia, Bangladesh, and Australia.

(Sources: Bernama; New Straits Times; Malaysian Reserve)

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