Are our public hospitals making profits or losses?

I refer to the article “MOH allegedly sidesteps question on whether government hospitals make profits from blood donated by the public” (The Independent, May 5).

It states that “MOH’s response was allegedly “very evasive,” according to Lim: “My question to them was a simple and straightforward question, however, their reply to me was anything but simple and straightforward. They completely and conveniently ignore my question about whether they make a profit from public’s donated blood.”

Lim said that this was what MOH replied to him:

  1. MOH subsidies the cost incurred by the blood bank in processing the blood.
  2. There is a further subsidy at the hospital level, depending on the patients’ choice of ward and mean-test status.
  3. Patients who are PRs will also be subsidised at the hospitals but at a lower level then for citizens.
  4. Should you need to obtain the charges of the services/procedure, you may wish to contact the practicing public hospitals for advice on this matter.
  5. Patients who experience financial challenges to manage their medical bills can approach the Medical Social Workers””

In this connection, according to MOH’s web site – “They (public hospitals) are to be managed like not-for-profit organisations. The public hospitals are subject to broad policy guidance by the Government through the Ministry of Health.”

In this regard, according to the National Healthcare Group’s (NHG) annual report  – it has profits of $14 million in FY2016. I don’t seem to be able to find the financial statements in the Singhealth Group’s  (SHG) latest annual report on its web site. So, what is the combined profits or lossess of NHG and SHG for last year?

 

Leong Sze Hian

 

 

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21 Responses to “Are our public hospitals making profits or losses?”

  • LIONS:

    Mo$t probably.
    Even they CHARGE us for pee-ing.
    Then they sell us NEWATER???
    WTF! they shud pay us for our pee instead?

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  • N.Jungne:

    Semua bikin duit lah.

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  • Liken it to a Hotel....:

    If it is always crowded and occupancy rate is always FULL, then don’t you think our hospitals are making money?

    Wonder anyone survey the occupancy and see who make up the patients in the wards?

    How many percent are actually foreigners?

    It will be very interesting to know the breakdown.

    Foreign nurses certainly outnumber Singaporeans, right?

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  • Boh Kia See:

    Even without looking for the figures, one can say with a high degree of confidence that there will be profits for both of these organisations. There are surpluses being hidden in every organisation that the PAP controls. The funds are simply parked with these organisations so as not to embarrass the PAP.

    On another note–the son of the Clown has made his first public appearance at a seminar. I was wondering when he will be revealed to the public. So this is a first step. You can expect to see him being more vocal and more public from now on.

    I have never have any doubt that there is a conscious decision to establish a dynasty but with a facade of people’s choice. So Kee Chiu will be the seat warmer while the Clown remain in the Cabinet to make sure that Kee Chui follow the script.

    Citizens should wake up and prepare for all eventualities and the PAP has too many secrets that they cannot afford to lose an election. It will not surprise me that there will not be an election but a Saddam Hussein election. Where you vote for him or against him.

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  • oxygen:

    LOOKING AT THE FINANCIALS OF LISTED PRIVATE HOSPITALS and analyzing their costs structure in wages, fixed costs like depreciation/land amortisation over smaller volume business, I strongly suspect that public hospital is making good money.

    Public hospitals have economies of scale, free land and building structure – something that private hospital must charge higher prices to compensate in offset BUT PRIVATE HOSPITAL STILL MAKE MONEY.

    How can public hospital not make money.? Everything PAPpys touched it money collection point for them. Remember someone says – what is wrong in collecting more money (from peasants) long ago?

    And if you look at the A & E charges in different public hospitals, HOW CAN THEY BE CHARGED DIFFERENTIALLY if it is based on cost – UNLESS SOME HOSPITALS ARE FAR LESS EFFICIENT AND OTHERS AND WHY ARE THEY INEFFICIENT FOR SO LONG?

    It means they are priced for profit!!

    And if you check the details of your surgery bill – they have two component – one for services waiting area and another for services surgical procedure area – WHEN THERE IS ONLY ONE REGISTRATION PROCEDURE to cover all before actual surgery commencement!

    So do patients pay for air-condition in the registration area and then pay for aircondition again waiting outside the surgical room waiting to be called in for the procedure to be done?

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  • Fat ass @ Beauty World gets f:

    So why should govt make a profit providing pubic goods and services?

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  • LIONS:

    If sgs wake up n look around tjem,they can see for themselves that MEDICAL COSTS increased exponentially over past 20 years on a year-on-year basis.

    Like housing costs,the PAP GOVT is the driver behind such HIGH COL.

    VOTE PAP,YOU KEEP Paying And Paying non-$top!

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  • LIONS:

    What is the BASIC N INTENDED OBJECTIVE OF GOVT HOSPITALs,be it renamed restructured or not?

    Yes,SERVING SGS’ MEDICAL NEEDS!
    WHAT ARÈ GOVT HOSPITALS ACTUALLY DOING?
    MAKING MONEY FROM MEDICAL TOURI$M?

    AND,becos of this,sgs suffer the consequences like competing for doctors n hospital beds.

    The govt has indeed WALK OUT OF LINE

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  • Specialist Eye Clinic of CGH:

    Eye Clinic of Changi Hospital has moved to new place: New Medical Centre
    … though it would have more space, more consultation rooms…
    Surprise, as walking in… PACKED!
    … can hardly find a seat

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  • No way:

    Nothing in this red dot operates with the intention of Not making a profit..out of the consumer..

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  • never voted pap:

    Specialist Eye Clinic of CGH:
    Eye Clinic of Changi Hospital has moved to new place: New Medical Centre
    … though it would have more space, more consultation rooms…
    Surprise, as walking in… PACKED!
    … can hardly find a seat

    is the current minister Lj for health any good?

    WE SAY this pap Lj IS NO ffffing good at all.

    didn’t we see the pap Lj take so ffffing long to be confirmed as a full minister?

    it took a long time for this pap Lj to be confirmed because the pap Ljs in charge already knew then this pap Lj is no good at all. yet the pap Ljs in charge continue to employ pap Lj, with a promotion some more finally, and happily pay him S$m which this Lj isn’t worthy of.

    because pap pays the pap Lj S$m we angry?

    NO. we are angry because after being paid S$m taxpayer money this pap Lj is NOT performing.

    3.3m citizens added with 2.5m aliens FTs PRs how many hospital beds are added during the same period whem number of mouths grew from 3.3m to 5.8m?

    worse doesn’t this pap Lj know in hot humid Singapore it is evil when 70% sheep is put under fan when the pap Lj himself is in air cond?

    see. 70% sheep so ffffing stupid. paid a useless pap Lj S$m who enjoys air cond at their bloody expense. and 70% sheep happily long queues every day just to consult a doctor for 5 ffffing minutes.

    70% sheep needs to wake up.

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  • Shop around:

    Don’t go to the eye clinic at Balestier branch. They might give you double vision and still tell you to get glasses to solve the problem they gave you.

    Specialist Eye Clinic of CGH:
    Eye Clinic of Changi Hospital has moved to new place: New Medical Centre
    … though it would have more space, more consultation rooms…
    Surprise, as walking in… PACKED!
    … can hardly find a seat

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  • C'est la vie:

    *****
    Its not CITIZENS of SG, but rather …….

    ………. CONSUMERS/CUSTOMERS of “SG” !!!
    ***
    *****

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  • Rats can't vomit:

    I would not even be surprised if the our hospitals are making big money by selling our organs, look how fast and efficient that they harvest our serviceable organs upon our death pronunciation.

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  • Rats can't vomit:

    I would not be surprised that they are actually selling our harvested organs too, Look at how fast and efficient they are when it comes down to harvesting organs upon our death proclamation.

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  • Change We Must:

    Not only the public hospitals are making money out of us, the polyclinic is also making lots of money. Just look at the bill you will understand why.

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  • Main point:

    Main point is our Public Hospital to ensure our Citizen have access to affordable medical care and in a timely manner.
    Much need to be improved…make provision for those who cannot afford,especially the elderly poor.

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  • spotty:

    lim bey swee swee!

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  • Just look at the top:

    Just look at the wealth flaunt by the top management will be sufficient indicatorvof whther they are making a loss or scoop in a filthy amont. At the same time remember what Ivy Singh said to the blundering top and poor bottom having to bear tge blame.
    Wake up. The ends of all traitorous govt is collapsing. Just remember the oarty has no problem in importing foreigners to kick your butts and to import foreign pmets” when you walk to the voting booth with them in the room and somehow legally they are not verdict on GCT and the polling boundary rule.

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  • It is cheaper than sick raided:

    When the nfi Plp govt import too many of their foreigners, they begin to create jobs for them doing virtually useless things like the recent commonly seen walking around with a tablet just talking to incoming patient over nothing but supposedly advising on don’t know what the dicken they are trying to advise. This and the $100 per minute of the consulting doctor are enough to exhaust two years saving of an average Singaporean. Yes they make u feel that you are paying nothing except that your cpf is getting eaten away and when you are old and helpless you have nothing to rely on and by the time you die and if unfortunately sick before you died, you are bankrupting your children’s cpf leaving nothing to cover when they are sick and if fortunate he has grown up and working children, he may then drain out their cpf and so on. While all these are going on that Sinkies being slaved by the govt you elect to benefit and working in your interests, the billionaire ministers and their plp bureaucrats (siblings said compliant to dynasty that one family is so frightened and run/exile like the Chinese ancient princes when their brother became emperor) getting super richer & ya ya galaying with the billionaires who screwed you up with insults like you r dirty smelly riding the public transport and if you fight back and called them scumbags and basket you get told off by the millionaire indian Chinese chabo sub monster that you are a pack of lynchers without realizing that one day she may be lynched while in US or Canadian KKK strongholds just because she is colored.
    Malaysains realized that Najib is copying happily Singapore Model and one day they cannot jeer at Sporeans. Unfortunately for Najib he has no absolute power and Malaysians still keep their opposition alive to kick him out. So are the Brits with their loads of EU foreigners flooding their country like Singapore but with a difference that PAP intentionally importing them by the hundreds of thousands to aid them to kick uour butts. So Brits woke up and voted to leave EU. US though strong but citizens felt neglected,they get Trump who promised them that they are first in his policy and indeed he hsomewhat kept his promise to the frustration of US allies but some still trying to suck up to him for whatever reason only the suckers know.
    Malaysians show the way this time of what it means by the govt elected by the people should work for the people and not for the foreigners and themselves. The recent big advice that university degree is not essential is pure garbage when any job, they demand paper qualification’ Lies? They would rather spend billions to educate foreigners with scholarships enough even to support their family at home rather than subsidise Singaporeans esp at Univ but instead up the…

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  • oxygen:

    @ LSH, THE PUBLIC SERVICE SECTOR is now so POLITICISED AND OSSIFIED that they no longer can think. If you probe them with a specific question, THEY WILL SIMPLY CUT AND PASTE AN EVASIVE ANSWER to side-stepped you.

    That is why LEE-jiapore is FALLING APART – utterly incapable to responding to external environmental leads and pressure.

    HDB even told Ravi Philamon that it has a right NOT to answer any question posed to it in public forum and that apply too to any other attendees needing a informed reply to any query the attendees might want to know or ask of suitable response.

    NO ONE SHOULD BE SURPRISED THAT A FORMER PAPpy MP said PAPpys these days are INCOMPETENT, ARROGANT AND OUT OF TOUCH WITH THE GROUND/REALITIES.

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