High overheads and costs of corporatised public hospitals recovered from patients
(This post is a slightly-edited comment explaining the high overheads and costs of restructured hospitals) I suspect the margin for “overheads and operations” are very high. This is the main problem with the restructuring & corporatizing of Singapore’s public hospitals since 1990. By being corporatized, the management...
No profit margin from sale of drugs?
As one of the biggest drug purchasers in the world, MOH Holdings should have been able to obtain bulk discounts from overseas suppliers. When medications are sold at much-lower prices across the causeway, something is clearly not right. WP recently queried MOH Minister Gan on whether public healthcare institutions have been...
PAP to introduce more meaningless CPF changes, still trying to mask failure of CPF scheme
The PAP government has refused to revamp the failed CPF scheme although it has indirectly acknowledged its failure in “Number of 55-year-olds with Basic Retirement Sum to go up”. However, the BT article requires some propaganda deconstruction to reveal the shocking state of PAP-created retirement shortfall. 1 40% of CPF...
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