Foundation now has about 99 specialists, up from 53 just two years ago when the company was first incorporated. CEO Liaw Yit Ming says: “We’ve invested heavily in specialist practices, making us one of the largest multi-specialist groups in Singapore. This model allows us to improve care quality while meaningfully containing healthcare costs, a major issue in many parts of the region.”
Foundation Healthcare, a multi-speciality medical group backed by Temasek’s SeaTown Holdings, is preparing for a potential listing on the Singapore Exchange (SGX) as it strengthens its position as one of the largest private specialist healthcare networks in the country.
Established in March 2023 following a $150 million investment from SeaTown, the company has swiftly grown through controlling acquisitions in medical practices across general surgery, women’s and children’s health, ear, nose and throat specialities and more.
