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KPMG report: Global trends in aged care

In its Global trends in aged care report, KPMG identifies five key themes that are likely to shape the elderly care market - based on interviews with experts in 20 countries.

ICHOM Conference: Long wait for outcomes measurement in low-income countries

With a few exceptions, value-based healthcare in the form dictated by the Institute of Clinical Health Outcome Measures (ICHOM), is limited to the rich world. That is not the vision of ICHOM’s founders, however. They want global measurement and benchmarking– essentially, the wider the search for best practice, the more variation and the more sites of competitive selection. Pharmaccess and the Novartis Foundation, who both spoke at the ICHOM conference, are slowly pushing the envelope.

Nigeria looks to encourage private healthcare insurance

A proposed bill that would boost private healthcare insurance in Cross River State, Nigeria is under review, says John Adesioye, president and CEO of Utopian Consulting. A new health insurance bill is being planned and the commissioner of finance described the proposals as a “no-brainer”, he claims. The development shows the direction of travel of health financing in Nigeria.

The side effects of China’s ban on drug mark-ups

Amidst concerns that doctors often over-prescribe, the Chinese government decided last year to stop hospitals working as distribution channels for pharmaceuticals by banning drug mark-ups. But Manaen Ma, a self-employed consultant on China’s healthcare industry, says that a ban cannot substitute better funding for indebted hospitals - and that the practice is still going on.

Interview: Javier Eguiguren, CFO, Banmédica

Santiago-listed payor-provider Banmédica is at the forefront of international expansion in Latin America with six insurers, ten hospitals and eight outpatient clinics in Chile, Colombia and Peru. Sales were up 14.5% to CLP 265bn (US$ 380m) in 2015, with a 9% EBITDA margin. This year it plans to invest over US$100m to expand capacities in all three countries, jumping from 1,900 to 2,500 hospital beds. We talk to CFO Javier Eguiguren.

Facebook for care home residents works for Korian

Korian, Europe’s largest nursing home group, has decided to roll out Famileo, a Facebook like app which can be printed off as a magazine, through all its nursing homes across all five countries. The software is designed to make it easier for relatives to communicate with reisdent. We talk about the results of Korian’s trial of the software with Group Project Manager, Stéphane Revault.

Chinese private equity hesitantly entering elderly care

Hong Kong-listed investment group China Everbright Ltd. is buying Beijing Huichen Nursing Home Management as part of its Healthcare Fund I. Xiaoyin Shen from Everbright's healthcare division told Healthcare Nova that investors are starting look at elderly care platforms in China as the government takes steps to liberalize the sector.

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