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Singapore Budget 2003
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Budget 2003
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Budget Speech 2003
   
Parliamentary Statement by DPM and Minister for Finance on Help Measures For Singaporeans and Businesses, 29 Aug 2003
 

Containing Healthcare Costs

 
26. Third, the Ministry of Health is getting its hospitals to go all out to save money for their patients. The Cluster CEOs are personally championing this drive. There are many ways to treat the same illness. There is a range of drugs, implants, and medical devices that we can use, at very different prices, but often with similar clinical outcomes. By standardising surgical supplies, such as gloves, we save money for hospitals and our patients. By centralising purchases of drugs, we enjoy bulk discounts. By coordinating better when transferring patients between hospitals and clinics, we cut out unnecessary X-rays, lab-tests and even repeat prescriptions. If we take the economy drive seriously, at every level, there are countless ways to cut costs without affecting clinical outcomes. That is why MOH will be publishing the hospital bill sizes of common illnesses so that the hospitals can learn from one another how to render good reliable medical services at the lowest possible cost.
   
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