Keeping Singapore's healthcare sector on its toes
20-Jun-17, The Straits Times
There is a persuasive case for developing Singapore into a healthcare services hub in Asia. The city-state has what it takes to lead in offering one of the most efficient healthcare systems anywhere, and in delivering good healthcare outcomes. Of course, that means that all parts of the system must excel.
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Recognising the potential of medical tourism, others in the region have attracted growing numbers of foreign patients, by marketing themselves as a cheaper option. Singapore should be worried by such developments because there is a statistically significant link between higher patient volume and better health outcomes.
A broader profile of patients can help the Republic develop medical expertise, undertake biomedical research and gain a reputation for innovation. Local hospitals need "far more patients with certain selected diseases than Singapore's modest domestic population could ever provide".