Originally Posted by Unregistered

I dunno what "business sustainability" u r talking abt with your examples .... The truely sustainable groups aren't even in your list. Just look at the state of the big groups now

1. Healthway - > 60 GP clinics. Their Indonesian owners went on a buying spree for past no of years & bought many overpriced clinics that can't bring back the revenue. Lippo had issues back home too. They applied for delisting from Catalist s://.businesstimes.com.sg/companies-markets/healthway-medical-delist-after-close-exit-offer

2. OneCare -> 40 clinics. If you see how much they are paying locums & resident drs, sure can't bring back enough revenue to break even. Now they have Eagle Eye & MHC under same company, maybe can get money from eye specialists & TPA

3. Raffles - profit drop > 60% after pandemic. Closed some branches and left with only 35 clinics s://.straitstimes.com/business/companies-markets/raffles-medical-group-sees-638-fall-in-second-half-profit

4. Fullerton - if you didn't read abt their recent issues u must be living under a rock

5. MinMed - many empty clinics wasting aircon with doctors doing teleconsultations & assistants watching TikTok videos

Many mid-sized groups have more sustainable models & not in your so-called "tiers"