Asia OneHealthcare
Asia OneHealthcare is a private multi-country hospital platform operating 22+ facilities and 4,275 beds across Malaysia, Indonesia, and Vietnam, providing secondary, tertiary, and super-specialty healthcare services through brands such as Columbia Asia, Subang Jaya Medical Centre, and Hospital Picaso, majority-owned by Hong Leong Group and TPG.
- Company typePrivate
- Founded1994
- HeadquartersPetaling Jaya, Malaysia
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Asia OneHealthcare does
Asia OneHealthcare Sdn Bhd (A1Health), formerly Columbia Asia Healthcare Sdn Bhd, is a Malaysia-incorporated private healthcare platform operating 22+ hospitals and specialty facilities with approximately 4,275 beds (2,887 in Malaysia) across Malaysia, Indonesia, and Vietnam. Founded in 1994 and majority-owned by Hong Leong Group and TPG following the US$1.2 billion Columbia Asia acquisition in 2019, the platform was materially expanded by the 2023 RM5.7 billion acquisition of Ramsay Sime Darby Health Care and the 2024 acquisition of five TE Asia Healthcare super-specialty hospitals (ALTY Orthopaedic, Beacon Hospital, CVSKL, Hospital Picaso, Northern Heart Hospital Penang), then rebranded under the A1Health umbrella in September 2024. The portfolio spans secondary care (Columbia Asia), tertiary hospitals (Subang Jaya Medical Centre, Ara Damansara, Bukit Tinggi, ParkCity, three RS Premier hospitals in Indonesia), and six super-specialty centres covering oncology, cardiac/vascular, orthopaedics, and advanced robotic surgery.
The platform's clinical technology stack includes two Da Vinci Xi robotic surgical systems at Hospital Picaso, KOELIS and NanoKnife systems, Malaysia's first ExacTrac Dynamic sub-millimetric image-guided radiotherapy integrated with TrueBeam LINAC at SJMC, Intraoperative Radiation Therapy (IORT), Irreversible Electroporation, electrochemotherapy, a RM14 million Philips Azurion 7 cardiac catheterization lab, and the Asia Pacific's first LithiX Hertz Contact Intravascular Lithotripsy System at CVSKL. Beacon Hospital operates a liquid nitrogen (-196°C) recycling autograft bone cancer program. The platform is anchored by 800+ consultants, with leadership including Dr Chan Boon Kheng (Group CEO), Bryan Lin (SJMC CEO and Regional CEO), and Chairman Tan Sri Quek Leng Chan (Executive Chairman of Hong Leong Group). The portfolio holds Newsweek World's Best Hospitals rankings, ACHSI Centre of Excellence recognition (first in Southeast Asia for multiple services at SJMC Oncology), and MHTC Flagship Medical Tourism Hospital designation.
The revenue model is primarily service-based healthcare delivery billed to patients and insurance providers across secondary, tertiary, and super-specialty care, supplemented by medical tourism revenue supported by the Malaysia Healthcare Masterplan 2026 and Malaysia's Year of Medical Tourism 2026, and by corporate wellness programs with partners such as Media Prima and Hong Leong Bank's HLB Priority 'Health is Wealth'. Distribution is direct through hospital facilities, with referrals via insurance pre-authorization, GP networks, corporate channels, and MHTC for international patients. In March 2026, TPG engaged Maybank and UBS to explore a potential sale or IPO at a valuation target of up to RM30 billion (S$9.6 billion).
Asia OneHealthcare firmographics
Firmographics- Name
- Asia OneHealthcare
- Legal name
- Asia OneHealthcare Sdn Bhd
- Website
- https://asiaonehealth.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Asia OneHealthcare is a private multi-country hospital platform operating 22+ facilities and 4,275 beds across Malaysia, Indonesia, and Vietnam, providing secondary, tertiary, and super-specialty healthcare services through brands such as Columbia Asia, Subang Jaya Medical Centre, and Hospital Picaso, majority-owned by Hong Leong Group and TPG.
- Ownership category
- akta.pro rank
Asia OneHealthcare industry classification
Industry- Product category
- Private Hospital Services
- NAICS
- General Medical and Surgical Hospitals (62211), Specialty (except Psychiatric and Substance Abuse) Hospitals (6223)
- SIC
- Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060)
- akta.pro primary industry
- International/Medical Tourism Hospital Systems (HLAFAAAN)
- akta.pro secondary industries
- Oncology & Cancer Specialty Hospitals (HLAFAHAC), Community & Regional General Hospitals (HLAFAAAB)
Keywords
Where Asia OneHealthcare is headquartered
LocationHeadquarters
- HQ city
- Petaling Jaya
- HQ country
- Malaysia
- HQ region
- Asia
Offices1 record
Markets served
Asia OneHealthcare business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Healthcare Services Revenue: Revenue generated from providing medical services through its network of hospitals and specialty centers. Services include consultations, diagnostics, surgeries, treatments, and hospital stays billed to patients or their insurance providers.
- Medical Tourism: Revenue from international patients seeking healthcare services in Malaysia, supported by Malaysia Healthcare Masterplan 2026 and Malaysia's Year of Medical Tourism 2026 designation.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Asia OneHealthcare product offering
Product offeringCore offering
Asia OneHealthcare operates a multi-country network of private hospitals and specialty medical centres providing secondary, tertiary, quaternary, and super-specialty healthcare services to individual patients, medical tourists, and corporate clients across Malaysia, Indonesia, and Vietnam. The group's 22+ facilities deliver consultations, diagnostics, complex surgeries, oncology treatment, cardiac care, orthopaedics, and advanced robotic-assisted procedures under hospital brands such as Columbia Asia, Subang Jaya Medical Centre, Beacon Hospital, Hospital Picaso, CVSKL, ALTY Orthopaedic Hospital, Northern Heart Hospital, RS Premier, and Adi Husada.
Product overview
Asia OneHealthcare (A1Health) is a holding company for a comprehensive private healthcare platform operating secondary, tertiary, quaternary, and super-specialty facilities across Malaysia, Indonesia, and Vietnam. The portfolio includes Columbia Asia Hospitals (core secondary hospital brand), five tertiary hospitals (Subang Jaya Medical Centre, Ara Damansara Medical Centre, Bukit Tinggi Medical Centre, ParkCity Medical Centre, and three RS Premier Hospitals in Indonesia), and six super-specialty hospitals acquired from TE Asia Healthcare (ALTY Orthopaedic Hospital, Beacon Hospital, Cardiac Vascular Sentral Kuala Lumpur, Hospital Picaso, Northern Heart Hospital Penang, and Adi Husada). The network also includes specialized services like TAGs. Key clinical capabilities span advanced robotic surgery (Da Vinci Xi), image-guided radiotherapy (ExacTrac Dynamic, TrueBeam), cancer therapies (IORT, IRE, electrochemotherapy, immunotherapy), cardiac care (catheterization labs, electrophysiology), bone cancer treatment (liquid nitrogen autografts), and osteoporosis management (Lee's TRIAD). The merged entity operates approximately 4,275 beds across its facilities.
Differentiator
Problem solved
Functional benefit
Brands
- Columbia Asia: Hospital brand providing secondary healthcare services across Malaysia, Indonesia and Vietnam
- Subang Jaya Medical Centre
- Beacon Hospital
- Hospital Picaso
- Northern Heart Hospital
- CVSKL
- ALTY Ortho
- RS Premier
- TAGs
Products and services
- Subang Jaya Medical Centre (SJMC) 442-bed multidisciplinary tertiary hospital in Selangor, Malaysia, ranked among Newsweek's World's Best Hospitals 2025 and 2026 (Top 250 globally, Top 10 regionally, Top 3 in Malaysia). Offers advanced cardiac care, cancer treatment, transplant services, and image-guided radiotherapy. ACHSI Centres of Excellence recognition in Oncology services. MHTC Flagship Medical Tourism Hospital.
- Columbia Asia Hospitals Secondary hospital network providing general medical and surgical services across multiple locations in Malaysia, Indonesia, and Vietnam. Includes Columbia Asia Cheras and other facilities, offering accessible community-level private healthcare.
- Hospital Picaso Super-specialty centre for Advanced Surgery and Integrated Oncology in Petaling Jaya, Malaysia. Operates two Da Vinci Xi Surgical Systems (each capable of 300-450 cases/year), KOELIS robotic prostate system, NanoKnife, IORT, Irreversible Electroporation (IRE), and Electrochemotherapy (ECT). Performed 350+ robotic operations within 11 months of opening and 28 IORT cases.
- Beacon Hospital Super-specialty hospital in Petaling Jaya specializing in cancer care and advanced surgical procedures, including the Liquid Nitrogen Recycling Autografts bone cancer technique (bone removed, sterilized at -196°C to eliminate tumors, then reimplanted). Site of ARIA study on first-line dacomitinib in EGFR-mutated NSCLC and lung cancer survival research.
- Cardiac Vascular Sentral Kuala Lumpur (CVSKL) Super-specialty cardiac and vascular hospital in Kuala Lumpur. First in Asia Pacific to deploy the LithiX Hertz Contact Intravascular Lithotripsy (IVL) System for treating calcified coronary lesions.
- ALTY Orthopaedic Hospital Super-specialty orthopaedic hospital in Kuala Lumpur providing specialized bone and joint care, including the Lee's TRIAD unified approach connecting osteoporosis, fragility fractures, and bone health optimisation for elective surgery patients.
- Northern Heart Hospital Penang First and only cardiac and vascular specialist hospital in Penang and the Northern Region of Peninsular Malaysia, providing comprehensive cardiac care including interventional cardiology and electrophysiology.
- RS Premier Hospitals (Indonesia) Three tertiary hospitals in Indonesia (Bintaro, Jatinegara, Surabaya) acquired via the Ramsay Sime Darby Health Care acquisition, providing tertiary healthcare services.
- Ara Damansara Medical Centre Tertiary hospital in Selangor providing comprehensive medical and surgical services. Included in the Solarvest solar PV sustainability program across four hospitals.
- Bukit Tinggi Medical Centre Tertiary hospital in Selangor offering medical and surgical services, part of Asia OneHealthcare's sustainability solar PV installation program.
- ParkCity Medical Centre Tertiary hospital in Kuala Lumpur serving patients across various medical and surgical specialties, included in the Solarvest solar PV sustainability program.
- Medical Tourism Services (MHTC Flagship Programme) International patient services program coordinated through the Malaysia Healthcare Travel Council (MHTC) Flagship Medical Tourism Hospital Programme, with SJMC designated as one of four flagship hospitals. Targets patients from across Asia and beyond for secondary, tertiary, and super-specialty treatments. Backed by Malaysia Healthcare Masterplan 2026 and Malaysia's Year of Medical Tourism 2026.
- Corporate Health & Wellness Programs Direct B2B health programs for corporate clients covering employee wellness, preventive health screenings, and lifestyle interventions. Example: Media Prima Health Transformation Program (prediabetes screening and lifestyle intervention). Partnership with Hong Leong Bank HLB Priority 'Health is Wealth' program provides healthcare benefits to affluent banking customers.
- TAGs (Sports Medicine & Rehabilitation) Specialised sports medicine and rehabilitation centre brand under Asia OneHealthcare providing advanced medical treatments and rehabilitation services.
- Lee's TRIAD Bone Health Service Unified clinical service connecting osteoporosis, fragility fractures, and bone health optimisation for patients undergoing elective surgeries such as joint replacements or spinal procedures at ALTY Orthopaedic Hospital.
Quantifiable outcome
- Subang Jaya Medical Centre ranked Top 250 globally and Top 10 regionally in Newsweek's World’s Best Hospitals 2026
- +4 more outcomes
Companies that use Asia OneHealthcare
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Asia OneHealthcare technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Asia OneHealthcare partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, flagship and minor.
- Fosun Kairos (Shanghai Fosun Kairos Biotechnology)coreStrategic partnership between Fosun Kairos and Subang Jaya Medical Centre to explore new opportunities in cell therapy. Partnership aims to advance innovative cancer treatments and therapeutic solutions.
- Hong Leong BankflagshipAsia OneHealthcare partnered with Hong Leong Bank for the 'Health is Wealth' pillar under HLB Priority wealth management service, providing healthcare benefits to affluent banking customers. The partnership is part of HLB's 3-5 Year Transformative Plan targeting high net-worth individuals.
- MediExpress (Malaysia) Sdn BhdflagshipMoU signing positions Asia OneHealthcare as the first hospital group to partner with MediExpress under its managed healthcare network. Collaboration aims to strengthen access, affordability, and preventive healthcare services for patients.
- Sabah Treasury DepartmentminorPartnership with SJMC and Ministry of Health to advance the Global Surgery Initiative (GSI), providing surgical care to underserved communities in Sabah.
- Ministry of Health MalaysiaminorMinistry-led national Global Surgery agenda partnering with specialist centres including SJMC for the Global Surgery Initiative.
- Alliance Bank Malaysia BerhadminorPartnership with SJMC to advance the Global Surgery Initiative (GSI), a CSR initiative providing access to safe and affordable surgical care in underserved areas. Alliance Bank funded the 2025 mission to Keningau, Sabah where 13 surgical procedures were completed.
- Solarvest Holdings BerhadcoreStrategic partnership to install solar PV systems across four hospitals (Ara Damansara Medical Centre, Bukit Tinggi Medical Centre, ParkCity Medical Centre, Subang Jaya Medical Centre). Additional 611 kWp installation expected to generate 800,000 kWh of clean energy annually, with cumulative generation exceeding 5,000,000 kWh. Projected cost savings of RM2.7 million and reduction of 3,200 tonnes carbon emissions annually.
- Device TechnologiescoreMoU partnership to advance robotic surgery adoption in Malaysia through training and technology sharing. Establishes Hospital Picaso as a dedicated training hub for surgeons on Da Vinci Xi Surgical System. Surgeons undergo structured training and proctorship before performing procedures independently. Training hub also caters to international surgeons.
- Ramsay Sime Darby Health Care (RSDH)coreAcquired by Asia OneHealthcare for RM5.7 billion cash. RSDH was a 50:50 joint venture between Sime Darby and Ramsay Health Care operating four hospitals in Malaysia and three in Indonesia.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Asia OneHealthcare competitors and assessment
Company assessmentDirect peers
- IHH Healthcare Berhad: Malaysia-listed operator of Mount Elizabeth, Gleneagles, Pantai and Acibadem hospitals across Malaysia, Singapore, Turkey, India and beyond. Directly comparable as a multi-country private hospital platform in Southeast Asia with similar tertiary/quaternary service mix and cross-border patient flows.
- Mitra Keluarga Karyasehat: Indonesian private hospital operator with ~30 hospitals focused on maternal/child and general acute care. Direct peer within the Indonesian private hospital market where A1Health operates via RS Premier and Columbia Asia.
- KPJ Healthcare Berhad: Malaysia's largest homegrown private hospital network with 29+ hospitals across Malaysia, Indonesia, Thailand and Bangladesh. Direct peer in private acute-care hospital operations, Indonesian footprint overlap, and Malaysian medical tourism positioning.
- Siloam International Hospitals: Lippo-affiliated Indonesian private hospital group operating 40+ hospitals across Indonesia. Directly comparable as a major Indonesian private hospital platform serving overlapping urban middle-class and corporate patient segments.
Broad incumbents
- Ramsay Health Care: Global hospital operator headquartered in Australia with prior 50% ownership of Ramsay Sime Darby Health Care (acquired by A1Health in 2023). Broader incumbent peer with overlapping tertiary and day-surgery capabilities across Australia, UK and Europe.
- Fortis Healthcare: Large Indian hospital operator with tertiary and quaternary care across India and UAE (including under the IHH umbrella). Broader incumbent peer sharing a multi-country tertiary/quaternary private hospital model and super-specialty positioning.
Regional players
- PT Medikaloka Hermina: Indonesian-listed private hospital chain with 40+ facilities across Indonesia. Regional peer in Indonesian private hospital operations, serving overlapping mid-tier urban patient segments.
- Bumrungrad Hospital: Flagship Thai medical-tourism hospital treating 1M+ patients annually from 190+ countries. Regional peer competing for inbound medical-tourism patients from across ASEAN, overlapping with A1Health's Flagship Medical Tourism positioning.
- Raffles Medical Group: Singapore-listed integrated private healthcare provider with hospitals and a large clinic network across Singapore, China, Vietnam, Cambodia and the Middle East. Regional peer with comparable premium positioning and ASEAN geographic footprint.
- Bangkok Dusit Medical Services (BDMS): Thailand's largest private hospital network (Bangkok Hospital, Samitivej, BNH) and a leading Southeast Asian medical-tourism hub. Regional peer competing for international patient flows from ASEAN rather than directly in A1Health's home markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks2 records
Key highlights7 records
Customer concentration
Asia OneHealthcare social profiles
Digital presenceAsia OneHealthcare financial estimates
Financial estimateRevenue estimate
Valuation estimate
Asia OneHealthcare leadership team
Management profileNumber of profiles
Profiles12 records
Asia OneHealthcare subsidiaries and ownership
Company hierarchySubsidiaries21 records
Asia OneHealthcare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Asia OneHealthcare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Asia OneHealthcare
What does Asia OneHealthcare do?
Asia OneHealthcare operates a multi-country network of private hospitals and specialty medical centres providing secondary, tertiary, quaternary, and super-specialty healthcare services to individual patients, medical tourists, and corporate clients across Malaysia, Indonesia, and Vietnam. The group's 22+ facilities deliver consultations, diagnostics, complex surgeries, oncology treatment, cardiac care, orthopaedics, and advanced robotic-assisted procedures under hospital brands such as Columbia Asia, Subang Jaya Medical Centre, Beacon Hospital, Hospital Picaso, CVSKL, ALTY Orthopaedic Hospital, Northern Heart Hospital, RS Premier, and Adi Husada.
Is Asia OneHealthcare a public or private company?
Asia OneHealthcare is a private company. It is classified as private equity controlled and is currently operating.
When was Asia OneHealthcare founded?
Asia OneHealthcare was founded in 1994. It employs 51 to 100 people.
Where is Asia OneHealthcare based?
Asia OneHealthcare is headquartered in Petaling Jaya, Malaysia, in the Asia region.
How does Asia OneHealthcare make money?
Two revenue lines are on record. Healthcare Services Revenue is the primary driver. The others are medical Tourism.
Who are Asia OneHealthcare's main competitors?
Direct peers on record are IHH Healthcare Berhad, Mitra Keluarga Karyasehat, KPJ Healthcare Berhad and Siloam International Hospitals. Broad incumbents are Ramsay Health Care and Fortis Healthcare. Regional players are PT Medikaloka Hermina, Bumrungrad Hospital, Raffles Medical Group and Bangkok Dusit Medical Services (BDMS).
Does Asia OneHealthcare have an API?
No public API is recorded for Asia OneHealthcare.
What industry is Asia OneHealthcare in?
Asia OneHealthcare's product category is Private Hospital Services. Its primary akta.pro industry code is HLAFAAAN, International/Medical Tourism Hospital Systems, with a secondary code of HLAFAHAC, Oncology & Cancer Specialty Hospitals. Its NAICS code is 62211 and its SIC code is 8062.