OUE Healthcare unit signs alliance agreement with Shanghai hospital

Under the accord, the two hospitals will have a ‘two-way green channel access’ for patients

CATALIST-LISTED OUE Healthcare, through its joint venture hospital in Changshu, China, has signed a healthcare alliance agreement with a hospital in Shanghai.

The hospital, Shanghai Changzheng Hospital, is a public Grade 3A general hospital – the highest of China’s three-tier grading system for public hospitals – under military jurisdiction.

Meanwhile, OUE’s Changshu Hospital is the first and only private obstetrics and gynaecology (O&G) hospital in Changshu, Jiangsu province in eastern China. On top of O&G, the 100-bed hospital provides paediatric and other related medical services.

Under the agreement, the two hospitals will have a “two-way green channel access” for patients. This means that OUE’s Changshu Hospital will be able to host specialists from Shanghai Changzheng Hospital, who can then practise officially in Changshu Hospital, said the healthcare group in a Monday (Oct 7) press statement.

Staff members from Changshu Hospital will also have the opportunity to attend training courses in Shanghai Changzheng Hospital, it said. The tie-up will also let OUE’s hospital access a new market segment, comprising military personnel and their family members.

The group’s chief executive officer Yet Kum Meng believes the healthcare alliance agreement between the two hospitals is testament to the quality and public confidence in the healthcare services offered by OUE.

“This win-win collaboration through sharing of medical resources between public and private hospitals will enable us to better serve the needs of our patients,” he said.

Shares of OUE Healthcare closed flat at 2.9 Singapore cents on Monday, before the news.