MHC Asia Group
MHC Asia Group operates HMI Managed Healthcare, a Singapore-based health technology company founded in 1994 that administers corporate medical benefits, claims processing, telemedicine, and wellness programs through its digital platform, two owned medical centres, and a GP/dental clinic network serving corporate employers.
- Company typePrivate
- Founded1994
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2B
- OfferingServices
What MHC Asia Group does
MHC Asia Group operates as HMI Managed Healthcare, a Singapore-headquartered health technology company founded in 1994 by Dr Low Lee Yong. Its core business is administering corporate medical benefits for employers, providing a web-based platform for claims processing, benefit scheme management, and reporting, combined with a panel of GP and dental clinics across Singapore that deliver cashless consultations to enrolled employees. The company supplements administrative services with direct clinical delivery through two owned HMI Medical Centres (Amara and Farrer Park), telemedicine accessed via the BetterHealth App, corporate health screenings, pre-employment and Ministry of Manpower (MOM) checkups, vaccinations, and chronic disease management.
The underlying technology stack is a proprietary digital platform that combines a web-based claims administration backend, the BetterHealth mobile application (iOS and Android) featuring a clinic locator and a virtual waiting room for video consultations, and a 24/7 WhatsApp Virtual Assistant for member support. The platform is described as cyber-secure with multi-layered encryption and on-premise security controls. The company is also OSPAR Audited as an Outsourced Service Provider by ABS, supporting entry into the offshore/maritime industry vertical.
HMI generates revenue through two primary streams: managed services contracts with corporate employers (subscription or per-employee pricing on customizable tiered benefit schemes, billed annually) and clinical services delivered on a fee-for-service basis (telemedicine, health screenings, vaccinations, pre-employment checkups, and chronic care). Distribution is anchored in direct corporate sales to HR and benefits teams, supplemented by self-serve digital channels for employees. The company operates exclusively in Singapore and has not disclosed external funding, headcount, or revenue.
MHC Asia Group firmographics
Firmographics- Name
- MHC Asia Group
- Legal name
- MHC Medical Network Pte Ltd
- Website
- https://mhcasia.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MHC Asia Group operates HMI Managed Healthcare, a Singapore-based health technology company founded in 1994 that administers corporate medical benefits, claims processing, telemedicine, and wellness programs through its digital platform, two owned medical centres, and a GP/dental clinic network serving corporate employers.
- Ownership category
- akta.pro rank
MHC Asia Group industry classification
Industry- Product category
- Corporate Healthcare Benefits Administration
- NAICS
- Health and Welfare Funds (525120), HMO Medical Centers (621491), Ambulatory Health Care Services (621)
- SIC
- Hospital & Medical Service Plans (6324), Services-Health Services (8000), Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Group HMO Plans (FSAIAFAK)
- akta.pro secondary industries
- Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK), Behavioral Health Benefit Administration (MBHO Core) (HLAEAHAA)
Keywords
Where MHC Asia Group is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
MHC Asia Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Corporate Healthcare Benefits Administration: Managed services model providing corporate employers with medical benefits administration, claims processing, panel management of GP and dental clinics, and wellness programs. Revenue is generated through subscription or per-employee pricing structures tailored to corporate benefit schemes.
- Clinical Services: Fee-for-service revenue from healthcare delivery including corporate health screenings, telemedicine consultations, vaccinations, pre-employment checkups, and acute/chronic disease management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Customised corporate healthcare benefit plans |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
MHC Asia Group product offering
Product offeringCore offering
MHC Asia Group, operating as HMI Managed Healthcare, administers corporate employee medical benefit schemes through a proprietary digital platform that combines claims processing, telemedicine, and wellness management. The company supplements these administrative services with clinical offerings including health screenings, GP services, pre-employment/MOM checkups, weight management, and mental wellness programs delivered through its own medical centres and an extensive panel of GP and dental clinic partners across Singapore.
Product overview
HMI Managed Healthcare operates as a health technology company offering a unified platform for medical benefits administration for corporate clients. The core offering comprises Corporate Care (customizable employee health benefit schemes), Digital Solutions (web-based claims administration and security infrastructure), and Healthcare Services (access to GP and dental partner networks). Supporting services include Corporate Health Screening, Telemedicine via the BetterHealth App with video consultations and virtual waiting room, Mental Wellness Programme, Weight Management, GP Services, and Pre Employment/MOM Checkups. The product ecosystem is tied together through the BetterHealth mobile application featuring a clinic locator, claims management, and 24/7 WhatsApp Virtual Assistant. The company also operates physical HMI Medical Centres for in-person health screenings and consultations.
Differentiator
Problem solved
Functional benefit
Brands
- HMI Medical Centre: Medical centers providing health screening and clinical services, including HMI Medical Centre (Amara) and HMI Medical Centre (Farrer Park).
Products and services
- Corporate Care Comprehensive corporate healthcare solution enabling companies to manage employee health benefits through customisable tiered benefit schemes including cap per visit, annual cap, and copayment options. Designed for HR administrators and benefits managers of corporate employers.
- Healthcare Services Healthcare services delivered by experienced healthcare professionals covering all healthcare needs for corporate employees, providing access to a network of GP and dental partners across Singapore.
- Digital Solutions
Quantifiable outcome
- Cashless consultations at any HMI Managed Healthcare clinic with benefit scheme details automatically captured
- +2 more outcomes
Companies that use MHC Asia Group
Customer profileSegments1 record
Ideal customer profiles1 record
MHC Asia Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
MHC Asia Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- ABS (American Bureau of Shipping)coreMHC Medical Network Pte Ltd is officially listed as an OSPAR Audited Outsourced Service Provider by ABS (American Bureau of Shipping), demonstrating compliance with OSPAR (Offshore Marine Services Association) standards for outsourced service providers in the offshore and maritime industry.
- Insurance PartnerscoreNetwork of insurance company partners integrated with HMI's corporate healthcare benefits administration platform, enabling seamless claims processing and benefit management for corporate clients.
- GP PartnerscoreExtensive network of General Practitioner (GP) clinic partners across Singapore providing cashless consultations and medical services to corporate employees under HMI's benefit schemes.
- Dental PartnerscoreNetwork of dental clinic partners across Singapore providing dental care services to corporate employees under HMI's benefit schemes with cashless payment arrangements.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
MHC Asia Group competitors and assessment
Company assessmentBroad incumbents
- Mercer: Global health and benefits consulting firm with strong Singapore presence advising employers on benefit scheme design. Competes indirectly by shaping which administrators and insurers corporates procure.
- Cigna: Global health insurer offering group health insurance and increasingly direct corporate wellness/telemedicine solutions in Singapore. Overlaps with HMI in the employer-sponsored benefits space and bundles telemedicine via its own platform.
- Aon: Global benefits consulting and brokerage firm advising Singapore corporates on health benefits design and vendor selection. Adjacent competitor as corporates may choose Aon-managed direct vendor networks over an HMI-style intermediary.
- Bupa: International health insurance group with established Singapore operations offering group health plans and corporate wellness. Competes with HMI by offering integrated insurance + wellness programs directly to corporates.
Regional players
- Great Eastern Life: Singapore-headquartered life and health insurer with strong group/corporate health and employee benefits portfolio. A natural competitor to HMI's corporate benefits administration as insurers increasingly bundle admin and wellness into their offerings.
- Income Insurance (NTUC Income): Singapore-established insurer providing group health insurance and corporate benefit schemes. Competes with HMI's managed-care model by offering integrated insurance + wellness solutions directly to employers in Singapore.
Emerging players
- Speedoc: Singapore-based on-demand healthcare and house-call platform that has expanded into corporate B2B partnerships. Competes with HMI's telemedicine and GP access components and represents the newer generation of digital-first healthcare providers.
- MyDoc (by Zuellig Pharma): Singapore-founded digital health platform offering teleconsultations, corporate wellness programs, and chronic disease management across Singapore and Malaysia. Targets the same corporate HR buyer as HMI with a more digital-native delivery model.
Direct peers
- Doctor Anywhere: Singapore-headquartered telehealth and corporate wellness platform providing video consultations, panel clinics, mental wellness, and chronic care management to corporate clients across Southeast Asia. Direct competitor to HMI's telemedicine and corporate wellness offerings.
- Fullerton Health: Singapore-headquartered integrated corporate healthcare provider offering panel clinic networks, occupational health, telemedicine, and corporate wellness programs. Closest comparable to HMI in terms of corporate-employer customer base, panel clinic model, and owned clinical capacity across Singapore and the region.
Market position
Strengths5 records
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights5 records
Customer concentration
MHC Asia Group social profiles
Digital presenceMHC Asia Group compliance and trust
Trust signalCompliance1 record
MHC Asia Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MHC Asia Group leadership team
Management profileNumber of profiles
Profiles1 record
MHC Asia Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MHC Asia Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MHC Asia Group
What does MHC Asia Group do?
MHC Asia Group, operating as HMI Managed Healthcare, administers corporate employee medical benefit schemes through a proprietary digital platform that combines claims processing, telemedicine, and wellness management. The company supplements these administrative services with clinical offerings including health screenings, GP services, pre-employment/MOM checkups, weight management, and mental wellness programs delivered through its own medical centres and an extensive panel of GP and dental clinic partners across Singapore.
Is MHC Asia Group a public or private company?
MHC Asia Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MHC Asia Group founded?
MHC Asia Group was founded in 1994. It employs 101 to 250 people.
Where is MHC Asia Group based?
MHC Asia Group is headquartered in Singapore, Singapore, in the Asia region.
How does MHC Asia Group make money?
Two revenue lines are on record. Corporate Healthcare Benefits Administration is the primary driver. The others are clinical Services.
Who are MHC Asia Group's main competitors?
Broad incumbents on record are Mercer, Cigna, Aon and Bupa. Regional players are Great Eastern Life and Income Insurance (NTUC Income). Emerging players are Speedoc and MyDoc (by Zuellig Pharma). Direct peers are Doctor Anywhere and Fullerton Health.
Does MHC Asia Group have an API?
No public API is recorded for MHC Asia Group.
What industry is MHC Asia Group in?
MHC Asia Group's product category is Corporate Healthcare Benefits Administration. Its primary akta.pro industry code is FSAIAFAK, Group HMO Plans, with a secondary code of HLAEALAK, Flexible Benefits Administration (FSA/HSA/HRA). Its NAICS code is 525120 and its SIC code is 6324.