Healthcare

Rise in healthcare cost in Singapore expected to grow 9.8% in 2023: report

Inflation and healthcare drives expected rise in healthcare benefit cost.

Rise in healthcare cost in Singapore expected to grow 9.8% in 2023: report

Inflation and healthcare drives expected rise in healthcare benefit cost.

Medical devices market to hit $3.5b by year-end: GlobalData

This translates to a compound annual growth rate of 5.2% from 2016.

AI to become a top investment area in the next three years: study

Currently, 38% of healthcare leaders are already investing heavily on AI.

IHH drops acquisition of Ramsay Sime Darby Healthcare

A $1.35b buyout offer was earlier proposed by IHH.

Thomson Medical group chief steps down

The board said a potential successor has been identified and will be announced soon.

Thomson Medical profit balloons 572.7% to $41.27m in H1

Higher profits were boosted by several factors including increase patient load.

IHH Healthcare's net income jumps 27% to $3.8m in Q2

The application of MFRS 129 boosted the company's income.

Wearing of mask in indoor settings to be optional by 29 August

The new mask rule does not cover public transportation.

Parkway Life REIT's net income rises 1.1% to $56.0m in H122

The increase was driven by higher rents from its Singapore properties.

Over 25,000 nurses to receive special payment

It will be between 1.7 and 2.1 months of their base salaries as of 1 December 2022.

Raffles Medical H1 profit surges 54.4% 

Patient numbers had increased on the back of recovering medical tourism.

Tan Tock Seng Hospital develops remedy for overwhelmed hospitals

Its surgical care program via ambulatory setting cuts hospital stays from six to one day.

Singapore has a ratio of 1 hospital for more than 220,000 Singaporeans

It has the lowest hospital versus population ratio amongst 33 developed countries.

Raffles Medical Group to see a 10% decline in H122 net profit: forecast

This is on the back of expected lower revenue from the hospital's COVID-19 services.

LIA Singapore launches extended panel initiative for IP policyholders

This allows policyholders access to over 1,000 private specialists.