Fullerton Health Group

Fullerton Health is an integrated enterprise healthcare service provider founded in 2010 in Singapore. The company specializes in designing customized medical services for corporate and insurer clients. Fullerton Health began with an initial investment in corporate healthcare providers Gethin-Jones and Drs Trythall Hoy Davies. Over the years, they grew through both organic growth and investments and mergers and acquisitions.

Fullerton Health made 3 major acquisitions in 2015 which helped grow its presence in both existing and new markets. In May, their subsidiary, Global Assistance & Healthcare (GAH) acquired PT JLT GESA, more commonly known as Medilum, that provides managed healthcare and third-party administration services. Later in August, they bought an 80 percent stake in Hong Kong medical provider, HMMP Limited (HMMP), for SGD$33 million. Above all, the purchase of Radlink-Asia in Singapore for SGD$111.2 million marked its entry into the advanced medical diagnostic imaging market and allowed it to cut costs through the digitisation of processes.

As of June 30, 2016, Fullerton Health owns 198 clinics and facilities across Singapore, Hong Kong, Indonesia, and Malaysia, has close to 2,000 employees and sees an annual revenue of more than S$300 million.

Founding
Founded in 2010.

Expansion and Regional Footprint
From 2011 to 2016, the Singapore-based healthcare provider has expanded its presence to Malaysia, Indonesia, and Hong Kong and now operates with a staff of close to 400 medical professionals and over 1,000 support staff and a network of over 8,000 associate hospitals and clinics.

As of 2016, Fullerton Health receives an average of 4 million patient visits per annum and has served approximately 10 million people with its medical services, working with approximately 25,000 companies across Asia-Pacific to provide employers and employees with access to affordable healthcare services. Its corporate clientele include Marina Bay Sands, Standard Chartered Bank, Singapore Airlines and other multinational corporation employees, as well as SME employees.

Corporate Affairs
Financial Performance

In 2014, Fullerton Health experienced more than double revenue growth to S$163.8 million followed by a 46.9% growth in 2015 to S$240.6 million.