Hong Seng’s 60% owned eMedAsia Sdn Bhd has the letter of approval from the Ministry of Health to offer business as Managed Care Organisation.
MCO is an organisation regulated under the provisions of the Private Healthcare Facilities and Services Act which means any organisation or body, with whom a private healthcare facility or service makes a contract or has an arrangement or intends to make a contract or have the arrangement to provide specified types or quality or quantity of healthcare within a specified financing system.
Under the license, the company can deliver or give healthcare to consumers through the MCO’s own healthcare provider or a third-party healthcare provider in accordance with the contract or arrangement between all parties. It can also administer healthcare services to employees or enrollees on behalf of payers including individuals, employers, or financiers in accordance with contractual agreements between all parties.
It is also noted the Health Minister may from time to time by notification in the Gazette declare any type of healthcare delivery arrangement other than those specified above. In addition, Hong Send said a wholesale Type A Licence which was applied by the pharmacist working under eMedAsia has been recently approved, which allows eMedAsia to import, store and deal generally all poisons by wholesale and retail or wholesale only in the applied premise, for the period from 11 January 2023 to 31 December
2023.
