Singapore Medical Group acquires paediatric clinic for S$7.9 mil

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SINGAPORE (Oct 19): Singapore Medical Group is acquiring Babies and Children Specialist Clinic at Mount Alvernia Medical Centre for S$7.9 million.

SMG says the acquisition brings on board a subspecialty focus on neonatology that targets newborn infants, particularly the ill or premature.

The group also intends to establish a consultancy agreement of at least a five-year tenure with Babies and Children Specialist Clinic, where efforts would be committed to grow SMG’s paediatric practice as well as identify and mentor talented paediatricians... (Click here to read the full story.)