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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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IHH Healthcare Ready to Explore Outcome-Based Payment Models

IHH Healthcare Bhd (KL), Malaysia’s largest hospital operator, announced on Monday its readiness to explore outcome-based payment models, driven by positive results from its recent value-driven outcomes (VDO) initiatives.

Key Takeaways:

  • Outcome-Based Payment Models: IHH Healthcare is prepared to assess the feasibility of outcome-based payment models, which tie payments to clinical results rather than predetermined costs. This follows successful VDO initiatives that have shown improved patient outcomes.

  • VDO Initiatives:

    • Colonoscopy Procedures: Achieved higher-than-benchmark detection of polyps that could lead to colon cancer.
    • Total Knee Replacement: Surveys indicated significant improvements in pain relief, physical function, and quality of life.

  • Executive Statement: Jean-François Naa, CEO of IHH Healthcare’s Malaysian operations, highlighted the maturity of data from VDO initiatives as a key factor in considering outcome-based payment models.

  • Government and Industry Support: Health Minister Datuk Seri Dr Dzulkefly Ahmad has advocated for private hospitals to adopt pay-for-outcome fees to curb medical inflation and enhance healthcare outcomes. The Association of Private Hospitals of Malaysia supports this proposal.

  • Current Coverage and Expansion Goals: IHH Healthcare’s VDO initiatives cover around 15% of its procedures, including colonoscopy and hysterectomy, at facilities like Gleneagles Hospitals, Pantai Hospitals, and Prince Court Medical Centre. The goal is to expand coverage to 50% in the near future.

  • Rising Medical Claims: The Life Insurance Association of Malaysia reported a 26% increase in medical claims payouts in 2023, following a 34% rise in 2022. This surge is attributed to policyholders seeking or resuming medical consultations post-Covid-19 pandemic.

  • Market Performance: IHH Healthcare’s shares increased by one sen or 0.16% to RM6.27 on Monday, giving the company a market valuation of RM55.22 billion.

IHH Healthcare's move towards outcome-based payment models aligns with broader efforts to enhance healthcare quality and manage costs effectively, signaling a shift in Malaysia’s private healthcare sector.

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