OUE Healthcare says its subsidiary, O2 Healthcare Group, has acquired a 60% stake in Rehab Matters Private Limited, according to a Dec 19 release.
Rehab Matters, a physiotherapy provider, specialises in medical-directed fitness and cardiopulmonary rehabilitation. The group comprises one specialist rehabilitation centre and one medical fitness centre, Heart and Lung Physio in Royal Square Medical Centre and another medical fitness centre, Vigor in Guthrie House.
According to the group, the acquisition is expected to strengthen O2 Healthcare Group’s ability to address increasing healthcare needs through the integration of specialised physiotherapy care into its established lung health services.
The synergy between the two organisations will help to deliver enhanced cardiopulmonary care by providing patients with access to both specialist medical care and evidence-based physiotherapy treatments, adds OUE Healthcare.
The collaboration is set to ensure a more effective rehabilitation process for patients recovering from conditions such as chronic obstructive pulmonary disease (COPD), asthma, heart failure, and post-cardiothoracic surgery.
Under the collaboration, the acquisition will include the expansion of Rehab Matter’s Vigor initiative, which targets both the prevention and improvement of chronic medical conditions for adults of all ages.
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Jaclyn Chow, co-founder of Rehab Matters, says: “We are excited to join O2 Healthcare Group and extend our services to a wider community. Our Vigor (medical fitness centre) initiative, which promotes healthy living and preventive care, aligns perfectly with O2 Healthcare’s vision of delivering comprehensive, patient-centred healthcare.”
Gershu Paul, CEO of O2 Healthcare Group, adds: “O2 Healthcare Group is committed to meeting the growing healthcare needs of Singapore’s aging population. This partnership to provide medical fitness and cardiopulmonary physiotherapy allows us to deepen the breadth of our service offerings, combining both advanced medical treatment and holistic rehabilitation care. Together with Rehab Matters, we aim to foster a culture of active living, personalised and preventive healthcare, improving the quality of life for our patients.”
Shares in OUE Healthcare closed 0.1 cent higher, or up 3.57%, at 2.9 cents on Dec 19.
