Physicians in GCC countries - and UAE in particular - are ordering more tests than can be justified by clinical pathways and guidelines. It's a practice known as laddering, and it's costing insurance companies in the Middle East a fortune.
Indonesia's fifth largest conglomerate has signed a deal with a Chinese state-owned investment group to spend $1bn building healthcare facilities in China.
Saudi-based healthcare management organisation Interhealth Saudi Arabia entered into a private-public partnership to operate a 350-bed paediatric rehabilitation centre in Kazan. Healthcare Europa speaks to a source close to the company.
Foreign investors are looking eagerly at Egypt ahead of government reforms which will allow private providers to treat publicly funded patients. Healthcare Nova speaks to Dr Asaad Riad, general manager for Egyptian medical travel assistance and insurance company Egypt In-Touch Assistance.
Imperial College London released a framework for assessing the impact of private healthcare providers in the developing world this summer and it’s an interesting read, which suggests private funding will play an ever larger role in the provision of universal healthcare.
Government regulations mean hospitals have been forced to cut their charges for drugs and devices in that cardiology and orthopaedics. Pacemakers are to be hit next, with falls of 50-70% in pricing. These price cuts apply even for wealthy private patients paying cash. Small wonder the largest player, Apollo Hospitals, is down 29% on the year with Fortis off 18%. So how are Indian hospital groups reacting?
There are clear signs that the World Bank increasingly favours working with the private sector in healthcare services. But there is a way to go yet and British NGOs remain intransigent.
South African investor PSG Alpha took a 50% stake in nursing home group Evergreen Lifestyle for US$50m this month. The elderly care opportunity in the country is huge, says CEO Nico De Waal, but the problem is knowing where to start with precious little to consolidate.
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