The constantly shifting landscape of the medical and healthcare fields makes the business of setting up and running a clinic and medical practice ever more complex. Medinex Specialist Centre’s team of consultants help our doctors by offering them valuable business insights and useful information to plan and grow their clinic and medical practices.
March 2025
Watch the video analysis by our Tax Director Mr Chai Yee Hoi here.
March 2025
For medical private practices in Singapore, effective accounting and bookkeeping is essential for financial health, compliance with regulatory requirements, and informed decision-making.
February 2025
In Singapore’s ever-changing business landscape, medical clinics and private practices must adopt effective digital marketing strategies to enhance their visibility, engage with target audiences, and drive sustainable growth.
January 2025
In the dynamic business environment of Singapore, effective performance management and appraisal are crucial for medical businesses aiming to enhance employee productivity and achieve strategic objectives.
December 2024
A corporate secretary holds a pivotal role in ensuring that medical clinics remain legally compliant and operate efficiently. In Singapore, the Companies Act mandates that every medical business appoints a corporate secretary within six months of incorporation.
November 2024
In Singapore, the Healthcare Services Act (HCSA) establishes a regulatory framework to ensure that all healthcare providers deliver services safely, effectively, and in accordance with established standards. For clinics, the licensing requirements under HCSA are specific and detailed, covering various service models.
October 2024
IRAS issued an e-Tax Guide on 9 Sep 2024 targeted at the Incorporation of Companies by Medical professionals and Relevant Tax Implications. This guide explains the concept of tax avoidance and its legal consequences for Medical professionals and it provides case studies to illustrate common business arrangements in the medical industry.
September 2024
In the fast-paced world of healthcare, medical clinics and practices face unique challenges when it comes to managing their finances. From handling patient billing to managing insurance claims, the complexity of financial transactions in the medical field requires specialized expertise. This is where financial accounting services can play a critical role.
August 2024
In the dynamic realm of healthcare, medical clinics face a multitude of operational challenges beyond providing top-notch patient care. One crucial aspect that often goes under the radar is corporate governance. Corporate secretarial services are indispensable for ensuring that medical clinics operate smoothly and comply with legal requirements.
May 2024
Starting up your private medical practice and clinic in Singapore can be both exciting and challenging. As you are planning to fulfill your vision of providing your unique brand of medical and healthcare service, there are things that you would like to take into consideration for a smooth clinic set up. We have highlighted 12 important things that should be on your ‘must-do’ list.
April 2023
One of the first things about setting up a medical clinic is about creating a brand for the clinic. Branding will inevitably bring to our mind making a logo for our business. In fact, this step of the process is so important that you should not neglect or be hasty – because a well-designed clinic logo is one of the best visual assets that you can have to communicate positive brand values to your audience and clients.
September 2022
Financial management is the planning, organizing, directing and controlling of your clinic’s financial activities such as cash flow, procurement and use of funds. In general, it involves applying management principles to financial resources to effectively manage your money and achieve your clinic’s and medical practice’s goals.
March 2022
Running your clinic or healthcare business can be challenging but rewarding.
When it comes to filing personal tax, it would be helpful to know that there are tax benefits and concessions when you are both the owner and employee of your business or company.
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