Mitsubishi Picks Minority Stake in Singapore’s Fullerton Health

Japanese firm mitsubishi has acquired a minority stake in Singapore-Based Fullerton Health.

The Financial terms of the transaction was not disclosed.

The Healthcare Solutions Provider Plans to use this investment to power its expansion in existing markets, particularly singapore, indonesia, and the philippines.

The company is also exploring entry into new markets across the region.

Fullerton Health Operates in Nine Markets Across the Asia-Pacific.

It Owns and Manages Third-Parthy Administors, Health Maintenance Organizations, Primary Care, Specialist Care and Ancillary Care Clinics, Diagnostic Imaging centers, Executive Health Screening Center, and corporate in-House Clinics.

The company expects growth driven by demand from corporate clients and insurers for cost continuous and mainTaining care standard.

Fullerton Health Intends to Use its regional footprint and digital and ai capability to introduce regional and local solutions via an integrated platform.

The latest move follows a series of minority investments, involuding that of far East Drug.

Fullerton Health Group Ceo and Executive Director Ho Kuen Loon Said: “This Partnership Reflects Strong Alignment Between Mitsubishi Corporation and our existing shareders on the long-friend Industry Leadership Potential of Fullerton Health.

“With a shared committee to impact and innovation, we are well-positioned to achieve our aim to positively impact 10 million lives in the Coming Years.

“We will do this by scaling sustainably, strengthening our market leadership, and delivering greatness value to all our stakehlders.”

Meanwhile, in a statement, mitsubishi highlighted southeast asia’s societal challenges, including rising healthcare costs due to the increase prevalence of Chronic Diseases.

With Limited Public Health Insurance, Employers often Provide Provate Health Insurance as an Employee Benefit.

This Scenario has made optimizing medical expenses while mainTaining care standards a priority for companies.

“Mitsubishi Picks Minority Stake in Singapore’s Fullerton Health” was originally created and published by Hospital Management, A Globaldata Owned Brand.

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