Oracare Group, a Singapore-headquartered dental group, has become Southeast Asia’s largest dental services group by geographical presence after partnering with Uy Dental Clinic Group (UDC) in the Philippines. This alliance expands Oracare’s footprint to four countries: Singapore, Thailand, Indonesia, and the Philippines. UDC, the largest dental network in Metro Manila with 18 clinics and 54 dental professionals, joins Oracare, increasing its network to 62 clinics and approximately 652 staff. This partnership enhances Oracare’s market reach and supports dental entrepreneurs by scaling their businesses and improving patient care. The celebration event held on 27 October 2023 in Manila marked this significant milestone for Oracare and UDC.
Mr. Leon Luai, co-founder and CEO of Oracare Group, said, “Oracare is now SEA’s largest dental group in terms of the number of countries through our partnership with UDC. UDC is one of the most well-recognised dental brands in Philippines and we are excited about what the future holds for our partnership, particularly given the relatively low penetration rate of dental care in the country and the untapped growth opportunities in other cities beyond Metro Manila, such as Davao, Cebu and General Santos, where UDC currently does not operate in.”
Elaborated Mr. Luai, “We will work closely with UDC to enhance group-wide growth and synergy through the robust and professionalised corporate structure and governance framework that we offer, which allows our network partners to benefit from the scale economies and technology-driven advantages of the Oracare platform whilst reducing the time spent on non-clinical operations. We have proven the efficacy of our business model with MOS Dental in Thailand in 2019 and are confident that we can replicate this with UDC.”
Dr Charlston Uy, Founder and CEO of UDC, said “We were intrigued and inspired by the success story of MOS Dental in Thailand, where with Oracare’s support, it doubled its number of clinics and profitability whilst still placing patient care at the forefront. We believe this partnership with Oracare will amplify UDC’s capabilities and leverage the expertise and resources of both entities to offer top-notch dental services and innovative solutions as well as a broader range of dental care products.”
Previously in 2019, Oracare acquired a controlling stake in MOS Dental, the second largest dental group in Bangkok and has helped grown MOS Dental’s network of clinics from 14 to 30 today. After joining Oracare, MOS Dental was given the support to implement and upgrade its professional systems and protocols along with a corporate infrastructure that has helped scale its expansion outside of Bangkok and consolidated its position further as one of the market leaders in Thailand.
Dr Charlston remains CEO of UDC and will work closely with Oracare to execute plans to expand the footprint of UDC in the Philippines. Besides geographical expansion, the Group will also look at continuous investment in staff training, technology and patient care, ensuring that high clinical standards are maintained across all clinics.
Concluded Mr Luai, “This marks the beginning of Oracare’s next phase of growth as we leverage our market leadership to generate more value to our patients and network partners whilst continuing to provide quality dental services. We are also looking to streamline more of our processes to create more value for our customers as we derive more synergies, economies of scale and cost efficiencies from our operating markets across Singapore, Thailand, Indonesia and the Philippines.”
In recognition of this strategic alliance, Oracare and UDC jointly hosted a celebration on 27 October 2023, in Manila, which saw an attendance of nearly 210 people, including board of directors, management and staff of the two companies as well as business associates. The event also saw keynote speeches by UDC’s Dr Charlston and Mr. Nick Watkins, Oracare’s Non-executive Chairman, to mark the Group’s significant milestone as a leading regional player.
Official Press Release at Vritimes – click here