UCrest Bhd chairman Eg Kah Yee says a lot of countries are already ahead of Malaysia for dental clinics to hop on, and to embrace the technology in digitalisation. (Photo by Zahid Izzani/The Edge)

KUALA LUMPUR (April 3): Digital health firm UCrest Bhd said on Wednesday it is optimistic about rising technology adoption in the healthcare sector, which will boost demand for its services.

Recent contract wins are signs that “technology is going to be continuously adopted in all areas of healthcare services, whether it's a hospital, clinic, GP (general practitioner) clinic or specialist clinic, and now dental clinics”, UCrest chairman Eg Kah Yee said following a signing ceremony with MDC Asia Link Bhd.

Under the agreement signed, UCrest will provide the iMedic clinic management system to MDC that operates a chain of dental clinics and the Pusrawi confinement centre for five years for an undisclosed amount.

In March, UCrest signed up private healthcare company Mediprima Healthcare (M) Sdn Bhd and Rwanda-based payment platform StayOnline Ltd as clients.

“A lot of countries are already ahead of Malaysia for dental clinics to hop on, and to embrace the technology in digitalisation,” Eg said. “It is a very big step forward.”

MDC founder and chief executive officer Dr Aslan Bacho, meanwhile, said that the partnership underscores the importance of digitalisation in improving healthcare services.

“We are aware of the system, and of digitalisation,” Aslan said. “We need a platform to make better, faster decisions in health and wellness.”

UCrest’s iMedic system is in use in countries including Malaysia, Singapore, the US, India, China and Taiwan, according to its website.

At the time of writing on Wednesday, UCrest was unchanged at 10.5 sen a share, giving it a market capitalisation of RM74.36 million. The counter saw selling pressure early this year, with a drop of 34.38% year-to-date.