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SMA: Profit guarantees prohibited under medical ethics guidelines
Singapore Medical Group relooking condition included in terms of proposed acquisition of two clinics
Add BT as a preferred sourcePublished Mon, Apr 24, 2017 · 09:50 PM
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Singapore
THE Singapore Medical Association (SMA) says ethical guidelines for the medical profession prohibit profit guarantees involving healthcare services as the financial imperative they impose is incompatible with the guidelines.
The reminder could be a major hurdle for healthcare companies and doctors entering into merger or acquisition deals as the latter often include a profit guarantee from the party being acquired.
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