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Raffles Medical to spend SGD1 bn to expand in Asia

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21-Jul-16 Singapore's biggest healthcare provider Raffles Medical Group will spend SGD1 bn (USD737 mn) over the next three years to set up hospitals and clinics in Asia, group chairman and co-founder Loo Choon Yong said. About SGD600 mn will be used to spur growth outside Singapore, particularly in China, where an ageing population and reforms are expected to boost demand. [image: Raffles Medical Group/ST File]

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Singapore hospital finds way to keep patients at home

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16-Jul-16 Singapore's Tan Tock Seng Hospital has cut A&E visits by frequent hospital-goers by a third. This reduction was achieved through comprehensive post-discharge medical care from the hospital's Virtual Hospital team, which provides care and advice via phone, or visits patients in their own homes. [image: MIMS]

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Info-sharing, data analytics to tackle disease outbreaks in Singapore

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09-Jul-16 Better sharing of information and use of data will be among the tools that Singapore will use to improve its handling of infectious disease outbreaks. The Ministry of Health will also compile data from different sources and design an IT system that triggers warnings if there are abnormalities, so that investigations can begin promptly. [image: Today]

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Fullerton Health in proposed Singapore listing

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11-May-16 In what could be one of Singapore's biggest IPOs in more than a year, managed healthcare provider Fullerton Health is said to be seeking to raise some SGD300 mn. The group - which owns 200 clinics and facilities - is understood to have a capitalisation of SGD1.5 bn, making it the third largest healthcare outfit after IHH and Raffles. [image: Bloomberg]

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Singapore’s medical inflation rate spells disaster

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13-Jun-16 In 2012, SGD4.7 billion was spent on healthcare in Singapore. Fast-forward to 2016, spending on healthcare is budgeted at SGD11 billion. Singapore’s medical spending growth is five times more than the general inflation rate. This is a worrying statistic. The financial burden on both the individual and family will be immense. [image: Aon Hewitt / Yahoo!]

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