Malaysian's largest healthcare group has sold its stake in one of its two Indonesian hospitals, saying that the disposal is part of a "wider restructuring exercise" in the country.
EMEA hospital group Mediclinic International is undergoing its last substantial capital project in the UAE for the foreseeable future, Middle East CEO David Hadley tells HBI, as the group switches expansionary focus to neighbouring Saudi Arabia. We discuss the two markets and the reasons for the segment's recent $600m+ impairment charge.
Thailand's government has re-opened the country for medical tourists by launching a new special visa that at least 1,700 people have already applied for. The news will be welcome for major medical tourism operators like Bumrungrad whose shares are down 33% on a like-for-like basis.
Could the end of the Fortis Healthcare sale saga finally be in sight? Fortis has asked the Indian Supreme Court to allow IHH to finally start its open offer, nearly two years after the acceptance period was due to start.
The GCC arm of King's College Hospital, a UK NHS Trust, is set to open a hospital in Saudi Arabia in 2021/22, HBI can reveal. But who are the shareholders?
The IFC has loaned $5.2m to Nyaho Medical Centre, which claims to be the first private medical centre in Ghana, to help it expand outside of the capital Accra.
Indian hospital chain Max Healthcare saw its Q4 (January to March) consolidated profit leap 75%, despite the start of lockdown at the end of that period seeing occupancy plummet by two-thirds.
Private hospitals in the UAE are seeing higher-than-normal volumes for the summer months as fewer people leave the country because of COVID-19 travel restrictions or hesitation, local sources tell HBI.
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