Sojitz Corporation Strengthens Medical Services with Royal Healthcare Acquisition in Singapore
In a strategic move to enhance its healthcare services portfolio, Sojitz Corporation has successfully acquired Royal Healthcare Pte. Ltd., a Singapore-based provider known for its personalized, high-quality medical services. This acquisition, which makes Royal Healthcare a consolidated subsidiary of Sojitz, allows the company to respond effectively to the increasing healthcare needs of the population.
Singapore is experiencing steady economic growth alongside a significant aging trend, leading to a rise in chronic conditions such as diabetes, hypertension, and heart diseases. As a result, the demand for comprehensive healthcare services, including diagnostic checks, prevention of complications, and aftercare, is on the rise. In light of this situation, Singapore aims to create a society that enables its residents to live healthier, longer lives by strengthening its initiatives in preventive medicine and health promotion. Moreover, with its world-class medical infrastructure and skilled professionals, Singapore is positioning itself as a leading hub for medical tourism in Asia, offering comprehensive health check-ups and specialty care to differentiate itself from other markets.
Royal Healthcare operates a specialized medical center within the Royal Square Medical Centre, located in the medical hub of Novena. This facility collaborates with specialists across various fields to provide a broad range of health care services, including primary care and specialty care for approximately 20 different medical disciplines. The center emphasizes a highly customized patient experience, offering tailored treatment plans by experienced medical professionals. With a dedicated team of specialists and concierge support, Royal Healthcare adheres to the "1day-1stop-1center" concept, ensuring that patients receive their diagnostic results on the same day for increased convenience and satisfaction.
Additionally, Royal Healthcare has partnered with Siemens to establish Asia's first reference center focused on case studies and training for healthcare professionals. This center leverages Siemens’ cutting-edge medical technology to deliver innovative healthcare services, further cementing Royal Healthcare's commitment to quality and advancement in medical care.
Sojitz has a track record in the healthcare sector, having begun with its involvement in Turkey's Başakşehir Çam and Sakura City Hospital in 2017, followed by participation in the New Footscray Hospital project in Australia in 2021. These experiences have equipped Sojitz with valuable insights into the Public-Private Partnership (PPP) models for healthcare facilities, allowing for successful development and management of hospital projects. Looking ahead, Sojitz aims to strengthen its hospital development initiatives through collaboration with government entities, as evidenced by a Memorandum of Understanding signed in July 2024 for new hospital development in Uzbekistan. Furthermore, they plan to reinforce their hospital PPP business in Australia by pursuing additional acquisitions of integrated infrastructure development companies.
By acquiring Royal Healthcare, Sojitz Corporation marks its entry into the specialized medical care sector, catering to the diversifying healthcare needs of advanced nations. This strategic acquisition promises not only to facilitate growth within the healthcare market but also to expand the company’s overall business operations in the dynamic field of medical services.
Company Overview of Royal Healthcare Pte. Ltd.:
Singapore is experiencing steady economic growth alongside a significant aging trend, leading to a rise in chronic conditions such as diabetes, hypertension, and heart diseases. As a result, the demand for comprehensive healthcare services, including diagnostic checks, prevention of complications, and aftercare, is on the rise. In light of this situation, Singapore aims to create a society that enables its residents to live healthier, longer lives by strengthening its initiatives in preventive medicine and health promotion. Moreover, with its world-class medical infrastructure and skilled professionals, Singapore is positioning itself as a leading hub for medical tourism in Asia, offering comprehensive health check-ups and specialty care to differentiate itself from other markets.
Royal Healthcare operates a specialized medical center within the Royal Square Medical Centre, located in the medical hub of Novena. This facility collaborates with specialists across various fields to provide a broad range of health care services, including primary care and specialty care for approximately 20 different medical disciplines. The center emphasizes a highly customized patient experience, offering tailored treatment plans by experienced medical professionals. With a dedicated team of specialists and concierge support, Royal Healthcare adheres to the "1day-1stop-1center" concept, ensuring that patients receive their diagnostic results on the same day for increased convenience and satisfaction.
Additionally, Royal Healthcare has partnered with Siemens to establish Asia's first reference center focused on case studies and training for healthcare professionals. This center leverages Siemens’ cutting-edge medical technology to deliver innovative healthcare services, further cementing Royal Healthcare's commitment to quality and advancement in medical care.
Sojitz has a track record in the healthcare sector, having begun with its involvement in Turkey's Başakşehir Çam and Sakura City Hospital in 2017, followed by participation in the New Footscray Hospital project in Australia in 2021. These experiences have equipped Sojitz with valuable insights into the Public-Private Partnership (PPP) models for healthcare facilities, allowing for successful development and management of hospital projects. Looking ahead, Sojitz aims to strengthen its hospital development initiatives through collaboration with government entities, as evidenced by a Memorandum of Understanding signed in July 2024 for new hospital development in Uzbekistan. Furthermore, they plan to reinforce their hospital PPP business in Australia by pursuing additional acquisitions of integrated infrastructure development companies.
By acquiring Royal Healthcare, Sojitz Corporation marks its entry into the specialized medical care sector, catering to the diversifying healthcare needs of advanced nations. This strategic acquisition promises not only to facilitate growth within the healthcare market but also to expand the company’s overall business operations in the dynamic field of medical services.
Company Overview of Royal Healthcare Pte. Ltd.:
- - Company Name: Royal Healthcare Pte. Ltd.
- - Established: 2002
- - CEO: Wendy Huang
- - Location: 101 Irrawaddy Road #07-01, Singapore
- - Core Services: Full-package health screening including imaging and laboratory tests, specialty medical consultations, and aesthetic services.
Topics Health）
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