Singapore Paincare
Singapore Paincare Holdings is a Singapore-based, publicly-listed specialist medical group that diagnoses and treats chronic and acute pain via clinic locations at Paragon Medical Centre and Mount Elizabeth Novena Specialist Centre, using its proprietary Painostic® methodology developed by founder Dr. Bernard Lee Mun Kam.
- Company typePublic
- Founded2020
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Singapore Paincare does
Singapore Paincare Holdings is a Singapore-based, publicly-listed medical services group (SGX: FRQ) that operates a network of specialist pain clinics focused on diagnosing and treating chronic and acute pain conditions. The Group's flagship Singapore Paincare Center operates from Paragon Medical Centre and Mount Elizabeth Novena Specialist Centre, treating more than 40 pain conditions across musculoskeletal, neurological, cancer, gynaecological and general categories. Services are delivered through direct-to-consumer channels (website pain questionnaire, hotline, walk-ins) and supplemented by doctor referrals and structured insurance partnerships with Income, Great Eastern, MHC, IHP, Prudential, Singlife, Fullerton Health and Adept Health.
The clinical differentiator is the proprietary Painostic® system, developed by founder and Consultant Pain Specialist Dr. Bernard Lee Mun Kam (over 20 years of clinical practice). Painostic® is a proprietary diagnostic and treatment methodology that assesses medical history, posture, and pain-pattern analysis to identify pain sources beyond standard scans, producing personalized minimally invasive treatment plans. The proprietary portfolio includes two named treatment protocols, MYOSPAN and NEUROSPAN, registered under the Painostic® brand. Adjacent ecosystem entities include Singapore Paincare Academy (training), Singapore Paincare TCM (Traditional Chinese Medicine), PTL Spine & Ortho, MSMC Clinic, CSS Screening & Surgery, and Drplus, positioning the Group as a multi-modality specialist platform.
The business model is fee-for-service specialist medical care (consultations and minimally invasive procedures) reimbursed through a mix of patient out-of-pocket payments and partner-insurer direct billing. The Group has 101–250 employees. Capital-markets activity in late 2025 is a material risk factor: a privatization bid by Advance Bridge Healthcare at S$0.16 per share failed to meet scheme conditions by the November 27, 2025 deadline due to funding shortfalls, share trading resumed December 8, 2025, and the company's last traded price remained below its 2020 IPO price of S$0.22.
Singapore Paincare firmographics
Firmographics- Name
- Singapore Paincare
- Legal name
- Singapore Paincare Medical Group
- Website
- https://sgpaincareholdings.com
- Company type
- Public
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Singapore Paincare Holdings is a Singapore-based, publicly-listed specialist medical group that diagnoses and treats chronic and acute pain via clinic locations at Paragon Medical Centre and Mount Elizabeth Novena Specialist Centre, using its proprietary Painostic® methodology developed by founder Dr. Bernard Lee Mun Kam.
- Ownership category
- akta.pro rank
Singapore Paincare industry classification
Industry- Product category
- Pain Management Services
- NAICS
- Offices of Physicians (62111), Freestanding Ambulatory Surgical and Emergency Centers (621493)
- SIC
- Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Pain Management Clinics (Interventional & Medical) (HLAFABAH)
- akta.pro secondary industries
- Pain Medicine (Interventional/Neuropathic Pain) (HLAKAIAM), Pain Management (Spine & Musculoskeletal) (HLAKALAM), Pain Management & Interventional Procedure Centers (HLAFAIAH)
Keywords
Where Singapore Paincare is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
Singapore Paincare business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Medical Consultations and Treatments: Revenue generated from specialist pain consultations, diagnostic assessments using the Painostic® system, and minimally invasive pain treatment procedures at their clinic locations.
- Insurance Reimbursements: Revenue from partnerships with major insurance providers including Income, Great Eastern, MHC, IHP, Prudential, Singlife, Fullerton, and Adept Health, which provide coverage for specific doctors and treatments.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Singapore Paincare product offering
Product offeringCore offering
Singapore Paincare delivers specialist medical consultations, diagnostic assessments using its proprietary Painostic® methodology, and minimally invasive interventional pain treatments for chronic and acute pain conditions. Services are provided through flagship clinics at Paragon Medical Centre and Mount Elizabeth Novena Specialist Centre, covering over 40 pain conditions across neck/back, foot, shoulder, knee, head, hand/arm, abdomen/pelvis, genital, cancer, and generalized pain categories.
Product overview
Singapore Paincare is a medical group operating as a unified healthcare platform with its flagship clinic (Singapore Paincare Center) and proprietary pain assessment/treatment system (Painostic®). The portfolio includes specialized pain management clinics, proprietary treatment products (Myospan, Neurospan), and affiliated medical services brands (DrPlus, TCM, PTL Spine, CSS, MSMC) operating across multiple specialist centers in Singapore. The company provides minimally invasive pain treatments through a network of consultant pain specialists.
Differentiator
Problem solved
Functional benefit
Brands
- Painostic®: Proprietary pain assessment system developed by Singapore Paincare that uncovers the true source of pain by looking beyond scans to assess medical history, posture and pain patterns.
Products and services
- Singapore Paincare Center
Quantifiable outcome
- Minimally invasive treatment options for faster recovery and minimal downtime
Companies that use Singapore Paincare
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles1 record
Singapore Paincare technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Singapore Paincare partnerships and signals
Strategic signalPartnerships
22 partnerships are on record, tiered core, supporting and minor.
- Income (NTUC Income)coreInsurance partner providing health coverage for Singapore Paincare treatments. Coverage applies to specific doctors.
- Great EasterncoreInsurance partner providing health coverage for Singapore Paincare treatments. Coverage applies to specific doctors.
- MHC (Managed HealthCare)supportingInsurance partner providing health coverage for Singapore Paincare treatments.
- IHPsupportingInsurance partner providing health coverage for Singapore Paincare treatments.
- PrudentialcoreInsurance partner providing health coverage for Singapore Paincare treatments. Coverage applies to specific doctors.
- SinglifesupportingInsurance partner providing health coverage for Singapore Paincare treatments.
- Fullerton HealthsupportingInsurance partner providing health coverage for Singapore Paincare treatments.
- Adept HealthsupportingInsurance partner providing health coverage for Singapore Paincare treatments.
- KT&T Group of CompaniesminorPartner company listed in the Our Partners section of Singapore Paincare website.
- InternominorPartner company listed in the Our Partners section of Singapore Paincare website.
- CS CeramicheminorPartner company listed in the Our Partners section of Singapore Paincare website.
- ATMS (Asian Travel Medical Services)minorPartner company listed in the Our Partners section of Singapore Paincare website.
- ZublinminorPartner company listed in the Our Partners section of Singapore Paincare website.
- Uniscaffold Pte LtdminorPartner company listed in the Our Partners section of Singapore Paincare website.
- ShengYi DevelopmentminorPartner company listed in the Our Partners section of Singapore Paincare website.
- S11minorPartner company listed in the Our Partners section of Singapore Paincare website.
- Hovi-CareminorPartner company listed in the Our Partners section of Singapore Paincare website.
- DrplusminorRelated medical company under the group of companies, shown in footer as partner/affiliate.
- Singapore Paincare TCMsupportingTraditional Chinese Medicine arm of the group, offering integrated pain management services.
- PTL Spine & OrthominorRelated medical company under the group of companies, shown in footer as partner/affiliate.
- CSS (Screening & Surgery)minorRelated medical company under the group of companies, shown in footer as partner/affiliate.
- MSMC ClinicminorRelated medical company under the group of companies, shown in footer as partner/affiliate.
Scale indicators3 records
Recent moves7 records
Expansion highlights4 records
Singapore Paincare competitors and assessment
Company assessmentRegional players
- TMC Life Sciences Berhad: Malaysia-listed healthcare group operating specialist hospitals and fertility services. Comparable as a regional, publicly listed specialist healthcare platform with a similar clinic-and-specialist model.
- Siloam International Hospitals: Indonesia-listed private hospital group with a broad specialist footprint. Comparable as a regional publicly listed private specialist healthcare operator across Southeast Asia.
Direct peers
- Q&M Dental Group: Singapore-listed specialist healthcare group running a clinic network across Singapore. Comparable as a small-cap SGX-listed clinic-roll-up model in specialist services.
- Healthway Medical Group: Singapore-based chain of medical clinics and specialist centers offering family medicine and specialist consultations. Comparable as a Singapore-clinic-chain competitor targeting insured and self-pay patients.
- The Pain Clinic: Singapore-based specialist pain management practice. Directly competes with Singapore Paincare for the same chronic-pain patient segment in the same Singapore market.
- TalkMed Group: Singapore-listed specialist medical services provider focused on oncology and physician-led specialty care. Comparable as a small-cap SGX-listed specialist clinic operator reliant on senior consultants.
- Asian Healthcare Specialists: Singapore-listed specialty medical services group with a similar small-cap, multi-clinic, specialist-consultant model. Closest direct structural comparable on the SGX.
- Raffles Medical Group: Singapore-listed multi-specialty medical group operating clinics and specialist centers. Highly comparable as a homegrown Singapore specialist healthcare operator with a similar public-company profile and Singapore-only footprint.
Broad incumbents
- IHH Healthcare Berhad: One of the largest healthcare operators in Asia, headquartered in Malaysia with Singapore-listed exposure (via Mount Elizabeth, under which Singapore Paincare also leases space). Comparable as a broader incumbent that also competes for premium Singapore specialist volumes.
- Bangkok Dusit Medical Services (BDMS): Thailand-listed hospital operator and one of Asia's largest private healthcare networks. Comparable as a regional incumbent private healthcare group that competes for medical-travel and specialty volumes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Singapore Paincare social profiles
Digital presenceSingapore Paincare financial estimates
Financial estimateRevenue estimate
Valuation estimate
Singapore Paincare leadership team
Management profileNumber of profiles
Profiles1 record
Singapore Paincare subsidiaries and ownership
Company hierarchySubsidiaries3 records
Singapore Paincare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Singapore Paincare 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 Singapore Paincare
What does Singapore Paincare do?
Singapore Paincare delivers specialist medical consultations, diagnostic assessments using its proprietary Painostic® methodology, and minimally invasive interventional pain treatments for chronic and acute pain conditions. Services are provided through flagship clinics at Paragon Medical Centre and Mount Elizabeth Novena Specialist Centre, covering over 40 pain conditions across neck/back, foot, shoulder, knee, head, hand/arm, abdomen/pelvis, genital, cancer, and generalized pain categories.
Is Singapore Paincare a public or private company?
Singapore Paincare is a public company. It is classified as public and is currently operating.
When was Singapore Paincare founded?
Singapore Paincare was founded in 2020. It employs 101 to 250 people.
Where is Singapore Paincare based?
Singapore Paincare is headquartered in Singapore, Singapore, in the Asia region.
How does Singapore Paincare make money?
Two revenue lines are on record. Medical Consultations and Treatments are the primary driver. The others are insurance Reimbursements.
Who are Singapore Paincare's main competitors?
Regional players on record are TMC Life Sciences Berhad and Siloam International Hospitals. Direct peers are Q&M Dental Group, Healthway Medical Group, The Pain Clinic, TalkMed Group, Asian Healthcare Specialists and Raffles Medical Group. Broad incumbents are IHH Healthcare Berhad and Bangkok Dusit Medical Services (BDMS).
Does Singapore Paincare have an API?
No public API is recorded for Singapore Paincare.
What industry is Singapore Paincare in?
Singapore Paincare's product category is Pain Management Services. Its primary akta.pro industry code is HLAFABAH, Pain Management Clinics (Interventional & Medical), with a secondary code of HLAKAIAM, Pain Medicine (Interventional/Neuropathic Pain). Its NAICS code is 62111 and its SIC code is 8011.