Basel Medical

What Basel Medical does

Basel Medical Group Ltd is a Singapore-based, multi-specialty healthcare provider incorporated in the British Virgin Islands and listed on Nasdaq Capital Market under ticker BMGL. The company operates an integrated network of clinic locations across Singapore — including Suntec City Mall, Macpherson Road, Toa Payoh, Margaret Drive, Tampines, Gateway East, Gleneagles Medical Centre, and a new orthopaedic branch in Novena (December 2025) — delivering orthopaedic and trauma care, sports medicine, neurosurgery, executive health screening, family medicine, occupational medicine, rehabilitation, and mental and women's health services. Its customer base spans individual patients and long-tenured corporate clients in the construction, marine, and oil & gas industries that have relied on the company for occupational medicine and health screening for over 20 years.

The business model is primarily fee-for-service professional services delivered through physical clinics, supplemented by direct B2B occupational health contracts with enterprise clients. In April 2025 Basel Medical extended its service portfolio by acquiring Bethesda Medical Pte. Ltd. for approximately SGD 6.5 million, adding diagnostic imaging and outpatient care capabilities that enable cross-referral synergies across the orthopaedic and trauma network. A June 2025 strategic cooperation memorandum with QingSong Health Corp (2661.HK) introduces the AIcare technology stack and QSevidence system into Basel Medical's service workflow, targeting a China–Southeast Asia medical corridor. Revenue grew from SGD 10.05 million in FY2024 to SGD 11.32 million in FY2025 (year ended 30 June 2025), but the company swung to a SGD 12.09 million net loss from a SGD 2.07 million net income the prior year, indicating a heavy investment and integration phase against a sub-SGD 12 million revenue base.

Name

Basel Medical

Legal name

Basel Medical Group Ltd

Website

https://baselmedical.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Basel Medical Group is a Singapore-based, Nasdaq-listed multi-specialty healthcare provider operating eight-plus clinics that deliver orthopaedic, neurosurgical, sports medicine, diagnostic imaging, and occupational health services to individual patients and long-tenured corporate clients in construction, marine, and oil & gas.

Ownership category

akta.pro rank

Product category

Specialty Healthcare Services

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

Medical Oncology (HLAKAFAB)

Keywords

• Specialist medical services
• Orthopaedic care
• Neurosurgery services
• Occupational health
• Diagnostic imaging

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Medical Clinic Services: Fee-for-service medical services including orthopedic, sports medicine, neurosurgical treatments, executive health screening, occupational medicine, rehabilitation, mental and women's health, and general medical practices. Revenue from individual patients and corporate clients.
2. Acquisition Integration (Bethesda Medical): Revenue from diagnostic imaging and outpatient care services following Bethesda Medical acquisition completed April 30, 2025.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Basel Medical operates an integrated healthcare ecosystem across multiple clinic locations in Singapore, delivering specialist medical services including orthopaedic and trauma care, sports medicine, neurosurgery, executive health screening, family medicine, occupational medicine, rehabilitation, and mental and women's health. The group expanded its portfolio in 2025 through the acquisition of Bethesda Medical, adding diagnostic imaging and outpatient care services to the network.

Product overview

Basel Medical operates as an integrated healthcare ecosystem offering a comprehensive portfolio of medical services through multiple clinic locations in Singapore. The core offering consists of specialist medical services including orthopaedic and trauma care, sports medicine, neurosurgery, executive health screening, family medicine, occupational medicine, rehabilitation, and mental/women's health services. The company has expanded its portfolio through the strategic acquisition of Bethesda Medical, which added diagnostic imaging and outpatient care capabilities. Services are delivered through clinics located at Suntec City Mall, Macpherson Road, Toa Payoh, Margaret Drive, Tampines, Gateway East, and Gleneagles Medical Centre, with a new orthopaedic branch opening in Novena. Basel Medical's integrated approach enables cross-referrals between its specialist services and aims to serve both individual patients and corporate clients, particularly those in construction, marine, and oil & gas industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Orthopaedic and Trauma Services Diagnosis, treatment, and surgical care for musculoskeletal conditions, bone fractures, joint injuries, and trauma-related disorders. Delivered through Basel Medical's Singapore clinic network.
• Sports Medicine

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• QingSong Health Corp (2661.HK)coreStrategic or Co-development Partner · 10 June 2025Strategic cooperation memorandum signed to explore AI-enabled healthcare services and cross-border medical services in Southeast Asia. QingSong Health contributes its AIcare technology stack and QSevidence system, while Basel Medical provides specialist healthcare service scenarios and enterprise client network in Singapore. Partnership aims to establish a medical corridor connecting China and Southeast Asia, enhancing clinical decision support, patient services, and insurance workflows with AI.
• Bethesda Medical Pte. Ltd.coreStrategic or Co-development Partner · 30 April 2025Basel Medical acquired Bethesda Medical, a Singapore-based provider of diagnostic imaging and outpatient care services. The acquisition creates cross-referral synergies between Bethesda Medical and Basel Medical Group's existing orthopaedic and trauma clinics. This marks the first step in Basel Medical's strategy to expand its integrated healthcare network across Singapore and Southeast Asia. Deal valued at approximately SGD 6.5 million.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• AsiaMedic Limited: Singapore-listed provider of diagnostic imaging, health screening, and primary care services; directly comparable to Basel Medical's Bethesda-acquired diagnostic imaging and outpatient care arm, and small-scale Singapore specialty provider.
• Singapore Medical Group (SMG): Singapore-listed specialty medical practice operator with obstetrics/fertility, oncology, orthopaedic, aesthetics and other specialty clinics; closely comparable specialist-practice, multi-clinic, Singapore-focused model targeting both individuals and corporate referrals.
• Healthway Medical Group: Singapore-based chain of GP, family, and specialist clinics with a large multi-location footprint; directly comparable as a multi-specialty clinic chain serving corporate occupational health and individual patients in the same Singapore market.

Emerging players

• Q&M Dental Group: Singapore-listed multi-site dental and medical services group; comparable as a Singapore-headquartered, multi-location specialist outpatient operator building an integrated clinic network, though its core is dental rather than orthopaedic/neurosurgery.
• Medinex Limited: Singapore-listed healthcare support and specialist services group; comparable as a small-cap Singapore healthcare services operator pursuing consolidation and integrated care offerings, though differentiated from Basel Medical by its support-services orientation.
• Doctor Anywhere: Singapore-headquartered regional telehealth and primary-care platform serving corporate and consumer health segments across Southeast Asia; adjacent peer given its regional SEA focus and corporate health contracts, though its delivery model is digital rather than brick-and-mortar clinics.

Broad incumbents

• Raffles Medical Group: Singapore-headquartered integrated private healthcare provider with a national network of family medicine clinics, specialist centres, and hospital (Raffles Hospital); directly comparable as a multi-specialty Singapore clinic operator serving both corporate and individual patients, but at much larger scale.
• Thomson Medical Group: Singapore-listed healthcare operator with hospital, mother-and-child, and specialist clinic operations; comparable as a Singapore multi-site specialist provider with women's health and diagnostic lines, though anchored around hospital-level services.
• Fullerton Healthcare Corporation: Pan-Asia corporate healthcare provider operating occupational health, primary care, and specialist centres across Southeast Asia; directly comparable to Basel Medical's corporate occupational medicine model for construction, marine and O&G clients, but at much larger regional scale.
• IHH Healthcare (Parkway Pantai): Asia-Pacific hospital and specialty care group operating Mount Elizabeth, Gleneagles and Parkway brands across Singapore; Basel Medical's clinic at Gleneagles Medical Centre sits within the same healthcare ecosystem, and IHH is a broad incumbent in Singapore specialty healthcare.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Basel Medical