Singapore: The government plans to release a site in the eastern part of Singapore for a new not-for-profit private acute hospital, which will fall under a fixed-price land tender approach, providing another lower-cost option for private healthcare.
It will be the first land release for private hospitals in almost two decades if the government proceeds with its plan, said Health Minister Ong Ye Kung on Thursday (Apr 9).
The hospital can accommodate 300 to 400 beds, he added, during a speech marking the 65th anniversary of Mount Alvernia Hospital – Singapore’s sole not-for-profit private acute hospital.
“Under such a model, bidders would then compete not based on how much they are prepared to pay for the land, but other qualitative factors, such as their care model, cost efficiency, approach to recruiting and developing manpower, and their commitment and policies towards affordable healthcare,” Mr Ong said, of the fixed-price model.
