BEIJING: A Singapore hospital operator wants more international patients to seek treatment at its new medical centre in China, as foreign healthcare providers eye medical tourism as a new growth area in the world’s second-largest economy.
Perennial Holdings Pte’s US$139 million hospital opened earlier this year in the northern city of Tianjin, and is the first fully foreign-owned medical facility in the mainland. The hospital aims to derive 30% of its revenue during its first year of operation from patients visiting from Russia to the Middle East and South-East Asia - hoping China will become an emerging destination for medical tourism that can compete with established regional rivals Singapore, Thailand and Japan.
