Health Management International

Name

Health Management International

Legal name

Health Management International Pte Ltd

Website

https://hmi.com.sg

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Revenue model

1. Specialist Healthcare Services: Revenue generated from operating private healthcare specialist groups, including urology and cardiovascular services. The company expands through acquisitions to increase service offerings and regional presence.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Health Management International (HMI) is a Singapore-based private healthcare provider that operates specialist medical groups and hospitals across Southeast Asia, including Singapore, Malaysia, and Indonesia. The company delivers specialist medical care with a focus on urology and cardiovascular services through owned and acquired clinical practices, and is expanding its regional footprint with a new hospital planned in Kuching, Malaysia.

Differentiator

Problem solved

Functional benefit

Products and services

• The Harley Street Heart & Vascular Centre

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Ibraco BerhadcoreStrategic or Co-development Partner · 17 October 2025HMI Medical signed a Memorandum of Agreement with Ibraco Berhad to acquire land for establishing its third hospital in Kuching, Sarawak, Malaysia. The hospital will have 300 beds and is targeted to open in 2029, serving growing healthcare demand and supporting medical tourism in the region.
• Advanced Urology AssociatescoreStrategic or Co-development Partner · 12 October 2024HMI Medical acquired a majority stake in Advanced Urology Associates, Singapore's largest private urology group. The partnership aims to expand regionally through increased outreach, new clinics, and recruitment efforts, meeting increasing regional demand for urology care.
• Harley Street Heart & Vascular CentrecoreStrategic or Co-development Partner · 13 November 2023HMI acquired a majority stake in The Harley Street Heart & Vascular Centre in Singapore, a leading private cardiovascular group. This acquisition bolsters HMI's presence in Southeast Asia's cardiovascular care market.
• MHC AsiaminorStrategic or Co-development Partner · 15 May 2023HMI Group plans to acquire healthcare tech platform MHC Asia, suggesting integration of healthcare technology capabilities into their service offerings.

Scale indicators2 records

Direct peers

• KPJ Healthcare: Malaysia's largest private hospital network with operations across Southeast Asia. Comparable to HMI as a regional private hospital operator expanding into specialty and tertiary care, including in markets HMI is targeting such as Sarawak.
• Raffles Medical Group: Singapore-headquartered integrated private healthcare provider operating hospitals, specialist clinics, and medical tourism services. Directly comparable to HMI in geography, patient mix, and specialist clinic model.
• Mount Alvernia Hospital: Private not-for-profit hospital in Singapore offering multi-specialty care. Comparable to HMI as a Singapore-based private specialist hospital competing for similar patient demographics and physician talent.
• Columbia Asia: Mid-sized private hospital operator with facilities across Malaysia, Indonesia, and Vietnam. Comparable to HMI in mid-market private hospital model targeting middle-class ASEAN consumers across multiple countries.
• Thomson Medical Group: Singapore-listed private healthcare group focused on women and families, with hospital and specialist clinic operations. Comparable to HMI as a Singapore-based private specialist healthcare operator pursuing regional expansion.

Broad incumbents

• Parkway Pantai: Operating arm of IHH Healthcare, running premier Singapore hospitals (Mount Elizabeth, Gleneagles, Parkway East). Comparable to HMI as a Singapore private hospital operator with specialty depth and cross-border patient flow.
• IHH Healthcare: One of the largest private hospital operators in Asia with significant presence in Singapore (Mount Elizabeth, Gleneagles), Malaysia, and Indonesia. Comparable to HMI as a multi-country private hospital platform serving cross-border medical tourists across Southeast Asia.
• Siloam International Hospitals: Indonesia's largest private hospital operator and a key regional player. Comparable to HMI as a multi-country ASEAN private hospital group serving rising middle-class healthcare demand.
• Bangkok Dusit Medical Services (BDMS): Thailand's largest private hospital network with strong medical tourism positioning across Southeast Asia. Comparable to HMI as a regional private hospital platform pursuing medical tourism and specialist care.

Emerging players

• Healthway Medical Corporation: Singapore-based private clinic and specialist group operator. Comparable to HMI as a Singapore specialist clinic consolidator pursuing scale through acquisitions and regional outreach.

Market position

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors2 records

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

M&A4 records

Investments1 record

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

Frequently asked questions about Health Management International