Aptus surgery centre11/27/2022 ![]() ![]() ![]() Said Dr Lim Cheok Peng, Senior Medical Adviser to NGL and former Managing Director and Chief Executive Officer of Parkway Holdings Limited: "This acquisition will be a value-added offering by the NGL group as it seeks to enlarge its health services businesses in Singapore. In 2019, there were 20 Ministry of Health ("MOH")-approved ambulatory surgical centres in Singapore. Set up to complement the hospital system, the centres relieve the demand for hospital beds and is also a more cost-effective service for those who are going through surgeries that do not require them to stay overnight at a hospital. ![]() Acquiring day surgery centres is in line with NGL's practice of providing affordable healthcare to its clients."ĭay surgery centres, also known as ambulatory surgical centres, are same-day surgery centres equipped to handle procedures requiring sedation or general anaesthesia. Day surgery centres are known to be more cost-effective as it helps patients to save time and costs in today's escalating healthcare costs. Terence Loh, the co-founder of DORR Group which owns NGL, said: "We are excited with this acquisition as the day surgery centres further complement our suite of medical healthcare and aesthetic services. Patients are also able to have a hand, laparoscopic surgery and endoscopic diagnostic procedures carried out. Each has four state-of-the-art operating theatres with cableless pendant systems and are equipped for a range of surgeries, including plastic, dental and eye procedures. Aptus Surgery Centre ("Aptus") opened in Paragon Medical Centre in 2016 and Novaptus Surgery Centre ("Novaptus") was operational at Camden Medical Centre in 2019. NGL will be the largest single shareholder with 55% stake in the centres in a deal size that's worth up to S$20 million. Novena Global Lifecare, one of Asia's largest integrated medical healthcare and aesthetic companies with over 250 clinics in 20 cities mainly in the Asia Pacific region, has bought into two-day surgery centres operating at prime locations of Camden Medical Centre and Paragon Medical Centre in Singapore. ![]()
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