Raffles Medical Group expands overseas for the first time since 2010

30 Jul 2012 - Singapore Business Review
The tender results for a private hospital in Hong Kong is likely to be released in 4Q12. According to CIMB, this tender is the most concrete overseas expansionary commitment the group has made since setting up its medical centre in Shanghai in 2010. Here's more from CIMB: RFMD has submitted a tender ...
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Raffles Medical Group's S$12.4m profit in Q2 disappoints analysts

23 Jul 2012 - Singapore Business Review
PATMI inched up 6.9%, but it's slightly below OCBC's expectations. Here's what OCBC has to say: Raffles Medical Group (RMG) reported its 2Q12 results this morning with revenue within our expectations but PATMI was slightly below due to higher-than-expected operating expenses. Revenue rose 14.9% YoY and ...
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Raffles Medical Group to be hit by higher staff cost

26 Jun 2012 - Singapore Business Review
The government proposes a 20% salary increase for healthcare professionals by 2014 - will RMG offset higher staff cost with a price increase? The move to keep its staff and attract more workers will likely lead to price increase. Meanwhile, Mount Elizabeth Novena Hospital opens with 180 beds next month. ...
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Raffles Medical Group: No choice but to raise prices

7 May 2012 - Singapore Business Review
No more public hospital-priced services from this private healthcare provider as operating costs rise. In a statement, DMG Research said Raffles Medical Group’s management is optimistic that it will be able to progressively revise its prices to cover the rise in operating expenses. The officials stressed ...
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