A few weeks ago, my sister got admitted to medical school at an Australian university.

I’m really happy for her as it is notoriously difficult to study medicine and dentistry in Singapore – due to the intense demand here to major in either field. It’s a good measure of how essential healthcare is to the country and her future is pretty much set because she’ll be in a highly sought after industry that pays well.

This got me thinking about perhaps investing in Singapore’s healthcare stocks to safeguard my future. And when it comes to healthcare, three of the biggest names in the industry came to mind: Raffles Medical Group (SGX: BSL), Thomson Medical (SGX: A50), and Q&M Dental Group (SGX: QC7).

Before diving into the comparison, it will be good to understand their respective business models.