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For more information, please contact:
Evelyn Liew
Tel: +60 11-6711 355
Email: evelyn@ucrest.net
UCREST GETS RM5M TO AI-DIGITALIZE AND BLITZ SCALE
SINGAPORE PAINCARE CLINICS
PETALING JAYA. 14 October 2024 – UCrest Berhad (Bursa Malaysia: 0005), a leading digital health company and Singapore Paincare Holding (SGX: FRQ), a SGX listed healthcare group have inked a partnership agreement of over SGD1.5M (approximately RM5M) to implement AI powered digital transformation and blitz scale all its clinics in operational and medical processes to improve efficiency and patient efficacy.
In Singapore Paincare Center 2.0 Initiative, UCrest’s flagship platform, iMedic™ is licensed and adopted by all its clinics in Singapore and the region. UCrest will strategize, design, and implement comprehensive integration of AI in all aspects of the business, from healthcare services like chronic disease prevention and treatment, diagnosis and therapeutic, to administrative workflows like clinic management, customer relationship management, protocol enforcement and regulatory compliance will be implemented in all clinics with centralized management. Its proprietary pain care treatment intellectual property and other medical protocols will be incorporated into platform and implemented with iMedic™ AI technology.
Specialized and reputable in chronic and degenerative pain care treatment, Singapore Paincare Holdings is the leading healthcare group in Singapore that consists of 5 pain care specialist centers, 10 General Practitioner clinics, 2 physiotherapy centers and a Traditional Chinese Medicine clinic. It is the healthcare group that offers the Western and Traditional Chinese Medicine in its principles of treatment.
The pain care treatment that the healthcare group is famed for includes degenerative and chronic pain, arthritis pain, sports injury and trauma related pain, spine pain, nerve compression pain, headache and migraine, genital. pelvic and menstrual pain, tech neck, knee and frozen shoulders and other persistent pains. In addition, the clinic chain offers chronic disease prevention and management, sexual health treatment, medical directed weight loss and anti-aging programs.
One in five of the global population is suffering from chronic pain. Many patients continue to live with pain because of the misconception that pain is a natural symptom of aging. Even more believe that surgery is the only remaining treatment option after trying topical gels, painkillers, and other traditional treatments such as physiotherapy and TCM “tuina” that have not provided long term relief. Singapore Paincare Center offers Specialised injections, and Minimally Invasive Procedures that are one-off treatments without any significant down-time or risk. There is no need for repeat treatment to maintain good pain relief.
“We have grown and expanded our business rapidly in the past few years despite of the pandemic and we are looking at incorporating AI and IoT technologies in the entire group in all possible areas to improve efficiency and blitz scale our business into the region in our 2.0 Initiative,” said Dr. Bernard Lee, Founder and CEO of Singapore Paincare Holdings. “With the digital health platform, we will be able to offer our services to more patients and relieve their pain”.
“Chronic pain is not only a problem that bothers the older population but many people at the age of 30’s in today’s lifestyles. The effectiveness of the unique pain care treatment methodologies developed by Dr. Bernard Lee is captivating and has benefited thousands of patients over the years,” said Mr. Eg Kah Yee, Chairman and Managing Director of UCrest. “His treatment methodologies and principles are exactly what we were looking for to incorporate into our platform with AI technologies to be accessible by the mass market,” he added
ABOUT UCREST BERHAD
UCrest Berhad is a leading provider of the cutting-edge digital hospital and mobile health services. Currently, the Company has operation in Singapore, Malaysia, India, China, and Taiwan. iMedic™ is the leading digital health platform developed by UCrest currently used in multiple countries in Asia, Middle East, and the US. iMedic™ leads the market with its Internet of Medical Things (IoMT) and Artificial Intelligence, empowering the patients to better manage their own health and increasing the productivity of doctors and clinics through Artificial Intelligence and automation. iMedic™ connects to over 30 wireless medical devices including ECG, blood pressure monitor, oximeter, ultrasound, BMI machines, CPAP, fundus cameras and others.
The vision of the Company is that every home shall be a super clinic with wearable or home medical devices of the latest technologies that are capable of measuring or monitoring many vital signs of the body regularly and wirelessly uploading the data to the iMedic™ Cloud Hospital and doctors at the iMedic™ Cloud Hospital would be able to provide online monitoring, consultation and prescription.
ABOUT SINGAPORE PAINCARE HOLDINGS
Established in 2018, Singapore Paincare Holdings Limited is a SGX listed healthcare group with a focus in treating chronic pain conditions. Our mission is to be Asia’s leading one-stop pain management provider to support patients’ journey from treatment, recovery and to ongoing wellness. Led by Dr Bernard Lee Mun Kam, Singapore Paincare Center specialises in managing chronic and acute pain. Our team of highly trained specialist pain doctors, surgeons, and physiotherapists work together to alleviate pain, restore function, reduce limitations to daily activity, and improve your quality of life.
For more information, visit www.ucrest.net and www.sgpaincareholdings.com
For more information, please contact:
Evelyn Liew
Tel: +60 11-6711 355
Email: evelyn@ucrest.net
