The latest announcement is out from Raffles Medical Group ( (SG:BSL) ).
Raffles Medical Group and Renji Hospital have signed a strategic collaboration agreement to create a ‘dual circulation’ medical resource service system. This initiative aims to enhance collaboration between public hospitals and international medical groups, supporting Shanghai’s goal of becoming an international medical tourism hub. The partnership will integrate Raffles’ international-standard service system into domestic healthcare and promote Chinese medical expertise globally through Raffles’ network, potentially impacting the company’s operations and industry positioning.
More about Raffles Medical Group
Raffles Medical Group is a healthcare provider with 50 years of experience in the Asia-Pacific market, operating a network across 15 international cities. It has established direct billing partnerships with nearly 60 insurance companies worldwide and runs three hospitals in Shanghai, Chongqing, and Beijing, along with outpatient clinics in five Chinese cities.
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Technical Sentiment Signal: Hold
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