Raffles Medical Group
Raffles Medical Group (RMG) is a private healthcare provider in Asia. It was founded in 1976 by Dr. Loo Choon Yong and Dr. Alfred Loh in Singapore. RMG operates medical facilities in thirteen cities across Singapore, China, Japan, Vietnam, and Cambodia.
The company offers a wide range of healthcare services, including hospitals, family medicine clinics, dental clinics, and insurance services. Its flagship facility is Raffles Hospital, a tertiary care hospital in Singapore. Raffles Hospital houses surgical centers, medical laboratories, and 24 specialist centers in areas such as Obstetrics & Gynecology, Cardiology, Oncology, and Orthopedics.
RMG follows the Group Practice Model, which emphasizes collaboration among healthcare professionals. The company has a network of clinics staffed by family physicians, specialists, and dental surgeons.
In 2021, RMG reported a revenue of S$723.8 million, operating income of S$115.8 million, net income of S$83.7 million, and total assets of S$1.545 billion. The company has over 2,500 employees.
Raffles Medical Group is listed on the Singapore Exchange (SGX) under the ticker symbol BSL. The majority owner of the company is Raffles Medical Holdings Pte Ltd, with a 37% stake, followed by Loo Choon Yong with a 10% stake.
For more information, visit the official website of Raffles Medical Group.
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