Doctor's in, but prognosis is for a slow recovery amid weak medical tourism
Regional rivalry had already cut patients from abroad before pandemic; providers now going overseas and money also going into telehealth now
Singapore
THE resumption of more healthcare services has been a shot in the arm for hospital and clinic operators, as domestic demand picks up. But a recovery will be gradual due to the loss of earnings from medical tourism, as well early restrictions on healthcare services.
The easing of "circuit-breaker" measures has meant the return of various non-essential healthcare services such as aesthetics and adult vaccination. Patient volumes at hospitals and clinics have received a signficant boost, say industry players.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’