HMI Group to acquire MHC.

HMI Group, a regional healthcare provider, agreed to acquire MHC, a medical benefits administrator and healthcare technology platform in Singapore. Financial terms were not disclosed. The combination of HMI Group and MHC into one vertically integrated healthcare platform places the Group in a better position to address some of the key challenges that Singapore’s healthcare sector is expected to face over the coming years, including a rapidly ageing population, rising healthcare costs and a growing prevalence of chronic diseases.