Singapore – 21 February 2019 – MyDoc, Asia’s most established value-based digital managed care platform, announced it has entered into a strategic partnership with Homage, a provider of personalised nursing services. The partnership will integrate nursing care into MyDoc to make it more affordable for employers and insurers to offer high quality and comprehensive onsite healthcare. Meanwhile, through MyDoc Homage will be able to offer its community of patients enhanced outpatient healthcare support.
At Budget 2019, Singapore’s Finance Minister Heng Swee Keat spoke about making quality and cost-effective healthcare available to the country’s pioneer generation, as well as those in the general population suffering from chronic conditions, regardless of income. A key pillar of MyDoc’s strategy includes simplifying healthcare to catch chronic diseases before it is too late. Using a data-driven clinical triage, MyDoc delivers the right care at the right time to employees and their families in Singapore. MyDoc patients use the platform as a gateway for personal professional healthcare services. The company selectively trains and integrates strategic partners with capabilities to enhance the patient experience and steer patients onto effective personal care pathways that help each individual get well, stay well and out of hospitals.
“MyDoc remains focused on building a healthier society while reducing the cost of healthcare. To this end, we continuously search for strong partners like Homage with unique capabilities to help us scale rapidly and reliably to deliver better health outcomes at lower costs. Adding nurses to the MyDoc CARE team is a natural step in our strategy to enhance our patient-centric primary care continuum. Nursing care at home would be a significant value add to patients who need post hospital discharge follow up services like wound reviews, dressing changes, intravenous therapies and vital monitoring,” said Dr. Vas Metupalle, CIO and co-founder of MyDoc.
Gillian Tee, CEO and founder of Homage said, “As a leading caregiving and rehabilitation services platform in Asia, we are thrilled to be partnering MyDoc to bring a first of its kind integrated healthcare solution to more patients, providing them convenient and affordable access to combined medical and nursing care, wherever they are. Ultimately, it is our goal to enable wellness and recovery for our care recipients through the delivery of personalised caregiving services and we see working with a trusted partner like MyDoc on providing a marquee, integrated solution as a key step in making healthcare more holistic, accessible and affordable in this region.
In a 2018 joint study by the Lien Foundation and the National University of Singapore (NUS), it was found that home care services are overtaking nursing homes as a primary form of long-term care in Singapore – especially as the country is estimated to possess an aged population of around 1 million people by 2030. However, the report also cited the remaining challenges of the high costs of care as well as the need to establish proper safeguards that ensure quality and measurable care outcomes for patients. “At Homage, we are professionalising home caregiving in Singapore by ensuring that all of our nurses possess the right certification and training,” she added.
Homage is the most recent addition to MyDoc’s value-based digital healthcare platform. Other strategic partners in the region include Guardian, IHP, Acumed, Aetna, AIA Vitality, Cigna and many others.