Sojitz invests in Asia/Oceania primary healthcare provider Qualitas in Asia & Oceania

March 5, 2021
Interior of dental clinic in Singapore]

Sojitz Corporation has invested in Qualitas Medical Limited, a leading provider of primary healthcare services in the Asia and Oceania region, through an injection of new capital into the business. The capital will be used by Qualitas for funding future growth opportunities.

Through this investment,  Sojitz will be able to gain exposure to the primary healthcare market in the rapidly growing Asia and Oceania region. Backed by 20 years of experience in the primary healthcare field, Qualitas, operates a network of some 300 primary care clinics, dental clinics, and medical imaging centers across Malaysia, Singapore, and Australia.

Exterior of medical clinic in Australia

 With over 400 physicians amongst the group’s staff of more than 1,700, Qualitas serves some 4,000 corporate businesses and insurance companies, providing outpatient medical services with approximately 2.8 million patient visit annually.

In recent years there has been an expansion of primary healthcare as general practitioners increasingly provide medical care and health consultations to families and communities on an out-patient basis, referring patients to hospitals for advanced medical treatments as necessary.

Qualitas  provides a wide range of healthcare services to address patients’ health issues and diseases through preventative care, treatment, and rehabilitation. The business offers management of acute and chronic illnesses, medical examinations, vaccinations, and other preventative medicine, corporate services such as occupational physician services, and minor surgeries, comprehensive dental care, and medical imaging services. Recently, Qualitas has expanded its offerings to include Covid-19 testing for private individuals and staff of corporate clients, following the outbreak of the Covid-19 pandemic in early 2020.

As lifestyle diseases increase globally due to population growth, aging societies, and economic development, medical needs are shifting from a hospital-centric model to an outpatient and daycare-centric model. The role of primary healthcare will continue to expand to meet the increased demand of outpatient services due to the increasing healthcare costs, aging populations and also in response to technological developments in preventative care and early diagnostic services.

Meanwhile, Qualitas plans to expand in its existing markets as well as new markets such as Vietnam and other emerging markets. In addition, Qualitas will broaden its healthcare offerings based on the digital transformation of healthcare services. Sojitz will contribute to Qualitas’ business expansion by leveraging its regional network and expertise. In April 2017, Sojitz consolidated its healthcare-related business internally and established a new specialized team to strengthen its projects in the healthcare sector.

Read: Managing the strain on healthcare through digitalisation

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