Alliance expands in managed healthcare

Targeting this area could allow the Catalist-listed company to develop a higher-margin and more scalable business.

Claudia Chong

Published Sun, Aug 2, 2020 · 09:50 PM

AN ageing population and rising healthcare costs are long-term trends that Alliance Healthcare is zeroing in on as it expands its managed healthcare services business, executive chairman and CEO Barry Thng told The Business Times.

The Catalist-listed firm in January took a 55 per cent stake in home-based care startup Jaga-Me for S$3.5 million, and in May rolled out a digital health platform for corporate clients aimed at making healthcare more accessible.

Doubling down on the managed healthcare segment could allow the company to develop a higher-margin and more scalable business. Alliance, which liste…