Annual Report Publication of Non-Profit Healthcare Clusters for Public Access

8 Mr Kenneth Tiong Boon Kiat asked the Coordinating Minister for Social Policies and Minister for Health given that the financial results of the public healthcare clusters are no longer made public since the early 2010s (a) whether the Ministry will work with the clusters to again publish revenue and expenditure details in their annual reports; and (b) how the public can currently verify the Ministry's position that public healthcare institutions operate on a non-profit basis.

Mr Ong Ye Kung: Public healthcare clusters have always operated on a not-for-profit basis. They incur substantial deficits to provide subsidised healthcare services to Singaporeans. The deficits are then covered by Government grants. Post-grant, they may break even or have a slight surplus, which will be ploughed back to improve the healthcare system, such as through infrastructure and service improvements.

While the accounts are not published, the public may obtain the financial reports of public healthcare clusters through the Accounting and Corporate Regulatory Authority's website.