Singapore Paincare Holdings has expanded its services to include Traditional Chinese Medicine (TCM), which will pave the way for the group to integrate both Western and Eastern treatment interventions for holistic pain management.
In conjunction with its expansion, the group has incorporated a new wholly-owned subsidiary - Singapore Paincare TCM Wellness for the provision of TCM medical consultation, treatments and wellness programmes. This marks the group's first foray into TCM and represents a new revenue stream.
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To launch its TCM services, Singapore Paincare plans to open its largest integrated pain care and wellness centre at a 2,347 sq ft premise in Marina Square by early 2022.
It will be the group’s 13th location and will feature three of the group’s brands that aim to bring relief and hope for those who suffer from difficult and long-term pain, by providing a suite of services from pain screening, pain treatments, rehabilitation to overall wellness enhancement. The brands include DR+, general practitioner clinic with special interest in pain treatment; Ready Fit Physiotherapy, for post-treatment rehabilitation; and its newly launched TCM brand Singapore Paincare TCM Wellness, for eastern treatments.
Currently, the group has under its portfolio two pain care specialist clinics, nine general practitioner clinics that offer pain care services, and one physiotherapy centre.
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Dr Bernard Lee, executive director and CEO of Singapore Paincare says, "The integration of TCM into our suite of services is in line with our long-term goal to create a pain care ecosystem where we are able to offer a wide spectrum of treatment options, ranging from pain medicine to complementary TCM and physical therapy. Our one-stop integrated pain care centre will bring greater convenience to our patients by meeting all their pain related needs in one destination and allow us to journey more closely with our patients on their road to wellness."
Shares in Singapore Paincare closed at 19 cents on Nov 11.
Photo: The Edge Singapore/ Albert Chua
